Delta Sees More Consolidation as AMR Bankruptcy Cuts Seats

Delta Air Lines Inc. Chief Executive Officer Richard Anderson said he expects more consolidation across the global industry through additional joint ventures or traditional mergers.

Consolidation and individual carriers’ cuts in seating capacity have helped airlines trim operating costs, and the Nov. 29 bankruptcy filing by American Airlines parent AMR Corp. “is another important step in that process,” Anderson said today at an investor event in New York.