20080113

Priority Travel News: High Fuel Costs Could Spur Airline Deals

NEW YORK — Airline executives have talked about consolidation in their industry for several years, even though they know successful combinations are about as elusive as an on-time flight on a Friday afternoon.
But the profit-sapping effect of a relentless rise in fuel costs may finally force them to action. That helps explain why the board of Delta Air Lines Inc. is meeting Friday in New York to decide on what was once viewed as the unthinkable at the Atlanta-based carrier — allowing management to open formal deal talks with one or more of its rivals. Full Story - Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - Nutty News