Word: overlaps
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...Airlines have more than enough reasons to follow suit. Jet fuel costs have gone up 38% since spring 2006. Airline profit margins, which used to range between 5% and 7%, are now down to 2%. Merging with another carrier would allow an airline to reevaluate its hubs, reduce overlap in routes, perhaps even cut back on regional flying and decrease capacity in the industry overall. But there are always obstacles. "The two speed bumps to anything are always regulatory issues and labor issues," says Swelbar. He says Delta's "non union environment" might make workforce integration easier for the airline...
...airline financier Calyon Securities, says that while consolidation is not imminent, when it comes "it will be fast and furious." In an industry update dated Nov. 7, Neidl wrote that "the most probable kickoff" would be Delta bidding for Anderson's alma mater Northwest Airlines, due to no overlap in routes and a smooth integration of workforce seniority lists. Neidl, like other analysts, says that six major carriers will give way to fewer - probably three - as consolidation begins in two or three quarters, or perhaps longer...
...each soloist’s performance had its own personality: one dancer exuded confidence, gazing directly at the audience, while another expertly portrayed both loneliness and distress. Most remarkable was the piece in which three dancers created a single moving entity by letting their three bodies constantly touch and overlap, a marked contrast with the preceding solo dances. Like “A Time Upon Once,” “Fractured” also began and ended with variations of the same image. The dance started without accompanying music as the entire cast of sophomore dancers faced...
...Chinese oil company. PetroChina’s parent company, China National Petroleum Corporation, develops projects that generate funds for the government of Sudan, which is accused of genocide in Darfur. While PetroChina and CNPC are technically separate entities, Bakker argues that there is enough evidence of asset flow and overlap in management to suggest that they are not independent. “PetroChina was created to be seen as a safe investment separate from CNPC, when in actuality the two are not completely independent, a fact that Harvard recognized in its divestiture,” Bakker said. Harvard divested from...
...17th century Puritans, of course, Christmas was largely a pagan holiday too, so they fined workers who took a single Yuletide day off. Now the Christmas season and the baseball season nearly overlap, as retailers count on Santa for as much as half their annual sales. If that's not bad enough, the political season has spun forward as well; Iowans plan to caucus on Jan. 3, with confetti still underfoot...