AMERICAS: Need for consolidation in US industry

Asia’s airports and airlines are better poised to cope with and compete in the global marketplace than American carriers, United Airlines’ chief executive Glenn Tilton, one of the most outspoken advocates for US airline consolidation, told 300 business leaders in Boston recently. Tilton said by 2010, more than onethird of the world’s air traffic will […]


Asia’s airports and airlines are better poised to cope with and compete in the global marketplace than American carriers, United Airlines’ chief executive Glenn Tilton, one of the most outspoken advocates for US airline consolidation, told 300 business leaders in Boston recently.

Tilton said by 2010, more than onethird of the world’s air traffic will be to, from or within Asia, according to a Boston Globe report.

"There is a sense of possibility that the global economy can be shaped to serve Asia’s interests – and a clear understanding of the vital role aviation plays in creating that future," Tilton said.

"Work is well underway in China to relieve congestion and convert China into a global aviation leader by completing its ambitious US$17.7 billion plan to modernise its aviation system, add 49 new airports and more than 600 new aircraft, along with 700 other airport expansion projects, by the year 2010," Tilton said according to the report.

"And growth is not limited to Asia. In the Middle East, Dubai is building a new airport with the latest technology, best passenger comforts, and six runways – all capable of landing the world’s largest new passenger aircraft – to serve as a new global 24/7 airport."