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Higher air fares, more mergers?

British Airways and Iberia merged in 2010 and analysts analysts are tipping that further mergers are on the way.Analysts are tipping accelerated consolidation in international airline industryMergers a response to structural problems as the era of national carriers ends, they sayConsolidation will likely lead to rising fares, which have been unsustainably lowBut mergers are difficult to achieve due to complex legal framework of air travel Analysts are predicting plane tickets will get more expensive as more airlines merge in response to deep-seated structural problems in the industry.Faced with soaring fuel costs, slack passenger demand and an economic slowdown, mergers are […]

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