New Airneth column by Sveinn Gudmunsson

Latest Airneth column by Sveinn Gudmundsson on The internal perspective applied to European umbrella mergers. 19.5.2011 A new fashionable form of mergers in European air transport is emerging, that in some ways can be seen as retaining the characteristics of inter-firm relations rather than the full control of a single firm. "Two brands under one umbrella" pioneered by the Air France-KLM merger, appeared at first sight a structure to address the restrictive nationality clauses in air services agreements with third countries. Then we had the Lufthansa-SWISS acquisition followed by the British Airways-Iberia merger, and the umbrella structure to mergers is flying around. A new beast to manage? The internal tensions perspective applied to European umbrella mergers. Read All Airneth columns