The Impact of M&a on the Airline Industry

COLUMBIA SOUTHERN UNIVERSITY

THE IMPACT OF MERGERS AND ACQUISITIONS

ON THE AIRLINE INDUSTRY

By

Fidelis Okafor Ogbu

A project report submitted to

The graduate faculty of the College of Business

In candidacy for the degree of

Doctor of Business Administration

May 20, 2012

APPROVAL

We, the undersigned, certify we have read this project report and approve it as adequate in scope and quality for the degree of Doctor of Business Administration.

Recipient of Degree: Fidelis Okafor Ogbu

Title of Project Report: The Impact of Mergers and Acquisitions on the Airline Industry

Project report Committee:

__________________________________ ________________________

Chair of Committee Date

__________________________________ ________________________

Member Date

__________________________________ ________________________

Member Date

Copyright (2012)

Fidelis Okafor Ogbu

TABLE OF CONTENTS

Page

Dedication………………………………………………………….………… 6

Acknowledgements…………………………………………………………. 7

List of tables…………………………………………………………………. 8

List of figures………………………………………………………………... 9

Project Report Abstract…………………………………………………….. 10

CHAPTER 1 INTRODUCTION……………………………………………. 11

Statement of Problem……………………………………………… 11

Brief Review of Related Literature………………………………… 11

Highlights of Methodology………………………………………….. 13

Limitations of Study…………………………………………………. 13

Study Findings………………………………………………………. 13

CHAPTER 2 REVIEW OF LITERATURE…………………………………. 15

CHAPTER 3 METHODOLOGY ……………………….…………………… 61

Overview……………………………………………………………… 61

Restatement of Problem………………………………………….... 61

Study Expectations………………………………………………..... 61

Description of Study Design……………………………………….. 61...