Noteworthy: Airlines: Texas carriers fly fuller; mergers ahead
Abstract: Texas-based Southwest Airlines and American Airlines have seen more passengers and fuller planes this year. Carriers experienced a summer of increased demand and strong profit growth as the U.S. airline industry healed from the recession and a rough 2009. Resurgent business travel paced the revenue and profit increases. ; Mergers promise change for Texas' airline industry. Southwest plans to take over AirTran Holdings Inc. of Atlanta and keep corporate operations in Dallas, while Houston-based Continental Airlines Inc. merged with Chicago's UAL Corp. on Oct. 1 and began relocating corporate operations from Texas.
File(s): File format is application/pdf http://www.dallasfed.org/assets/documents/research/swe/2010/swe1004f.pdf
Provider: Federal Reserve Bank of Dallas
Part of Series: Southwest Economy
Publication Date: 2010
Order Number: 4