Merger Mania Thread

JL remained in oneworld... there was no equity investment so far as I know... and AA/JL now have a joint venture which has helped AA's performance on its Japanese routes.
However, DL remains the largest single carrier between the US and Japan; if you consider alliances, the Star JV is larger than DL (KE operates some US-Japan routes but they are not under a DL/KE JV) with AA/JL the smallest alliance.
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I believe the point is valid that carriers and alliances can participate in joint acquisitions to protect their interests.
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Even if there were globalization involving foreign equity in the US carriers, it is still possible that US could be acquired as an "independent" either to supplement alliance positions on the east coast or as part of a carrier that does not want to be in an alliance - just as the Middle East carriers.
 

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