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July 22, 2008

Qantas Exec Sees GLOBAL Airline Consolidation

Filed under: Mergers — Rick Seaney @ 12:46 pm

Some interesting thoughts from Geoff Dixon, the boss at Australia’s Qantas Airways.

He said all the usual things, that higher fuel prices would mean big changes in the airline industry — but what really caught my eye was his take on talks between the U.S. and the European Union that could end American rules barring foreign control of U.S. airlines.

Dixon suggested that ultimately, it could “produce a few very large and extremely efficient global airlines.” He also added that he doesn’t believe any airline can avoid consolidation.

What do you think? Is this where we’re headed?

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