United Airlines and US Airways are in merger talks that, if successful, would create the nation’s second-biggest airline. It is the third time in a decade that they have tried to make a deal.
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The negotiations represent the latest efforts to consolidate the struggling airline industry, which lost $60 billion over the last decade as fuel costs soared and the number of travelers fell. Both companies have been vocal in calling for greater partnerships.
http://www.nytimes.com/2010/04/08/business/08air.html
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