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The Airline Trade

The history of the airline industry is littered with inter-line mergers and acquisitions. What is remarkable is that virtually all of these mergers have been between airlines from the same country: the country in which both airlines were registered. US deregulation in 1978 led to a flurry of merger activity amongst US-based airlines; sometimes inducing mergers between airlines based at the same airport, as was the case with Northwest/Republic at Minneapolis and TWA/Ozark at St. Louis.

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