The future of aviation is in mergers

After the announcement this week that Delta and Northwest airlines would merge, the Spanish daily writes that "the union between companies is the only path that commercial aviation can see to overcome the reoccurring crises. ... In the United States, the problem is more complex. European companies still have nationalistic nostalgia, and they operate according to the old concept of 'flag-bearers'. Look at recently elected Silvio Berlusconi's insistence that Alitalia should stay in Italian hands, regardless of its looming bankruptcy. ... The merger of European airlines is only a question of time, but it will, without a doubt, be accelerated by American commercial aviation consolidation, where it was accomplished without negatively affecting competition."

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