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Airlines Abuzz With Consolidation, Other Transportation Sectors See Steady Demand, S&P Says Dec 06
Standard & Poors, Dec 2006
Abstract
NEW YORK (Standard & Poor's) Dec. 15, 2006-Consolidation is in the air for the airlines, and most other North American transportation sectors are continuing to benefit from steady demand, according to a Standard & Poor's Ratings Services report published today. The Industry Report Card, 'U.S. Airlines Abuzz With Consolidation, Other North American Transportation Sectors See Steady Demand,' includes comments on 69 rated issuers in the airfreight, airline, bus, railroad, shipping, transportation equipment leasing, trucking, and related industries. US Airways Group Inc.'s (B/Watch Dev/--) recent hostile acquisition bid for bankrupt Delta Air Lines Inc. (rated 'D') raised questions not only about the future of those two companies, but also about further potential consolidation of the U.S. airline industry, and subsequent reports...
Companies mentioned in this report are: Continental Airlines Inc.,Delta Air Lines Inc.,US Airways Group Inc.,United Continental Holdings Inc.
Action: General Comment
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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