120 likes | 270 Views
Mergers & Acquisitions. Julia & Daniel Lopes. Corporate management. Merger Consolidation Acquisition Takeover. American Airlines – US Airways. “This agreement has the potential to shift the landscape of the airline industry.” Eric Holder. Table of content. Facts and figures
E N D
Mergers & Acquisitions Julia & Daniel Lopes
Corporate management Merger Consolidation Acquisition Takeover
American Airlines – US Airways “This agreement has the potential to shift the landscape of the airline industry.” Eric Holder
Table of content • Facts and figures • American Airlines • US Airways • The merger • Lawsuit • US regulators’ decision • Forecast and possible consequences • Sources
American Airlines Founded: 1930 Main Hub: Dallas/Fort Worth Fleet: 616 Destination: 273 4th largest airline company worldwide
US Airways Founded: 1937 Main hub: Charlotte/Douglas Fleet: 631 Destination: 198 6th largest airline company worldwide
The Merger The world’s larger airline company $11bn merged entity 1’500 aircrafts $39bn revenue Employ 100’000 Third major US airline merger since 2008
Antitrust lawsuit Joseph Alioto – FDC in SF on behalf of 40 consumers Fewer flights Reduced service to small cities Lower quality of service 4 airlines controlling 90% of domestic airline industry
US regulators Settlement with conditions Giving up slots to low cost carriers in several airports 57 Washington DC 34 New York City 2 slots at Boston Chicago Dallas Los Angeles Miami
Forecast / Consequences Judge approval More competition with low cost carriers Rise of ticket prices Finalization of American Airlines turnover
Sources • http://theboar.org/wp-content/uploads/2013/10/Image-3.jpg • http://www.tnooz.com/wp-content/uploads/2013/08/american-airlines-us-airways-merger.jpg • http://www.aa.com/i18n/aboutUs/whereWeFly/maps/world.jsp • http://www.usairways.com/en-US/routemap.html • http://netdna.webdesignerdepot.com/uploads/2013/02/american-airlines-2013-flight-symbol-1024x707.jpg • http://www.travelandtourworld.com/wp-content/uploads/2013/11/US-Airways-Logo.jpg • http://ksaz.images.worldnow.com/images/23806826_SA.jpg • http://www.newrepublic.com/article/115580/us-airways-american-merger-domestic-international-route-maps • http://3rxg9qea18zhtl6s2u8jammft.wpengine.netdna-cdn.com/wp-content/uploads/2013/09/cD03MGVkNTVmYWU4MzZjZjg0MjhjOWE0ODNhYzY3MmU4NSZnPWQ1OTlkOGJlMjBlYjE0YzViOGY1YmVmZTNhMDJlNjJm-1280x727.jpeg • http://i2.cdn.turner.com/money/2012/04/20/news/companies/us-airways-american-airlines/american-airlines-us-airways.gi.top.jpg • http://www.vitopalmisano.com/data/photos/298_1ohare_international_airport__chicago__il.jpg