They each benefit from ‘capacity discipline’ exercised by the larger carriers, who are cautious about adding capacity ahead of demand.
And many are taking advantage of this by growing faster than the market.
The Company offers its services in cities, including London, Madrid, Barcelona, Rome and Dublin.
The Company's brands include British Airways, Iberia, Vueling, Aer Lingus, IAG Cargo and Avios.
That is, of course, only until it was leapfrogged in passenger-miles flown by United Airlines, which completed its .2 billion merger with Continental Airlines this May.
In September, Dallas-based Southwest Airlines announced that it would acquire Orlando-based Air Tran Airways, combining the two largest low-cost carriers (LCCs) in the country, bringing its total destinations served to 72 and cementing its position as the largest airline by number of domestic passengers carried.
This allows rapid expansion of their route network, keeping overlapping to a minimum.
And, after the mergers of mega-carriers American Airlines and USAirways, United and Continental Airlines, and Delta-Northwest, we closed 2016 with yet another merger.It combines the airlines in the United Kingdom, Spain and Ireland.It has approximately 550 aircrafts to over 280 destinations. That trend of consolidation seems to be accelerating. airline industry has always wanted to consolidate,” Perry Flint, editorial director and associate publisher of , said in an interview.“What’s different is that this time, the mergers are being permitted to occur,” Flint said. throughout the deregulated period.” American Airlines, headquartered in Fort Worth, Texas, was the world’s largest airline by passenger-miles flown, passenger fleet size, and operating revenue until it was surpassed by Delta Air Lines following its .1 billion merger with Northwest Airlines in October 2008.