1. GE's bailouts of troubled carriers divide airline industry
- Author
-
Carey, Susan, Kranhold, Kathryn, and Trottman, Melanie
- Subjects
General Electric Co. -- Investments ,General Electric Co. -- Public relations ,UAL Corp. -- Finance ,America West Holdings Corp. -- Finance ,Air Canada -- Finance ,Delta Air Lines Inc. -- Finance ,US Airways Group Inc. -- Finance ,Airlines -- Finance ,Airlines -- Economic aspects ,Airlines -- Mergers, acquisitions and divestments ,Electrical equipment and supplies industry -- Investments ,Electrical equipment and supplies industry -- Public relations ,Company financing ,Company acquisition/merger ,Company investment ,Company public relations ,News, opinion and commentary - Abstract
A growing number of critics are frustrated by GE's investments in struggling airlines, because they say that the company is keeping airlines that should fold financially viable, and preventing much-needed industry consolidation.
- Published
- 2005