{"id":97167846,"date":"2010-04-13T07:00:00","date_gmt":"2010-04-13T07:00:00","guid":{"rendered":"http:\/\/www.cheapoair.com\/miles-away\/iata-chief-more-airline-mergers-likely\/"},"modified":"2014-08-05T08:02:04","modified_gmt":"2014-08-05T08:02:04","slug":"iata-chief-more-airline-mergers-likely","status":"publish","type":"post","link":"https:\/\/www.cheapoair.com\/miles-away\/iata-chief-more-airline-mergers-likely\/","title":{"rendered":"IATA Chief: More Airline Mergers Likely"},"content":{"rendered":"<p>&nbsp;<\/p>\n<div align=\"center\"><strong>United and US Airways might form an alliance in 2010<\/strong><\/div>\n<p>&nbsp;<\/p>\n<p>The director-general of the International Air Transport Association Giovanni Bisignani stated that he fully expects more airlines to merge in order to cut costs.<\/p>\n<p>&nbsp;<\/p>\n<p>With a combined loss of $2.8 billion over the last year, the airline industry is doing whatever it can to crawl out from the financial disaster that has been the last 18-24 months.<\/p>\n<p>&nbsp;<\/p>\n<p>Bisignani believes that airlines should receive regulatory support in order to make mergers go through quickly and efficiently when more than one country is involved.<br \/>\nLast week British Airways and Iberia came to an agreement on a partnership that will save the two airlines an estimated $533 million annually.<\/p>\n<p>&nbsp;<\/p>\n<p>Two struggling U.S. carriers, United Airlines and US Airways, are also thinking of forming an alliance in order to stay afloat financially.<\/p>\n<p>&nbsp;<\/p>\n<p><em>Source: AFP<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; United and US Airways might form an alliance in 2010 &nbsp; The director-general of the International Air Transport Association Giovanni Bisignani stated that he fully expects more airlines to merge in order to cut costs. &nbsp; With a combined loss of $2.8 billion over the last year, the airline industry is doing whatever it [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-97167846","post","type-post","status-publish","format-standard","hentry","category-other"],"_links":{"self":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts\/97167846","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/comments?post=97167846"}],"version-history":[{"count":1,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts\/97167846\/revisions"}],"predecessor-version":[{"id":97168633,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts\/97167846\/revisions\/97168633"}],"wp:attachment":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/media?parent=97167846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/categories?post=97167846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/tags?post=97167846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}