CHARLOTTE, N.C. ( TheStreet) -- A merger between US Airways (LCC) and one of the Big Three airlines "is a pretty high probability for the end game" of major airline consolidation, while the chance of merging with a smaller carrier is near zero, said US Airways president Scott Kirby at a May 27 meeting with pilots in Charlotte.
The rationale, he said, is that if regulators approve the planned merger between United and Continental, the combined carrier would have a 22% share of the domestic market -- the same percentage that Delta currently holds, while American has an 18% share.
"None of those are anywhere close to dominant market shares," said Kirby. "We'll be about 8%. We could merge with any one of those
|More on US Airways American Needs US Airways Merger|
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV