Reading Time: 2 minutes Further airline industry consolidation is unlikely in the US in the near future, but carriers may seek to grow through joint ventures or investments in foreign airlines, according to PricewaterhouseCoopers (PWC). “I see no signals that further consolidation is imminent,” Jonathan Kletzel, PWC principal for travel and transportation, said at the IATA AGM in Cancun. […]

Reading Time: < 1 minute US airlines have emerged from years of losses and bankruptcy to being among the most profitable in the world, but rising costs could derail them from this trajectory unless further transformation happens, consultants say. “Over the last 15 years, airlines have flipped their role, going from consistently loss making to consistently profitable,” Seabury Consulting managing […]