Southwest Airlines said it's buying AirTran for $1.4 billion. That move expands Southwest's reach to more than 100 markets, and gives them a hub at the world's busiest airport -- Atlanta. Washington bureau chief John Dimsdale talks with Bob Moon about why this move is a big deal.
The International Air Transport Association says global airlines have rebounded faster than expected from the recession and has raised its profit forecast for this year. Steve Lott from the North America IATA talks with Steve Chiotakis about why there's optimism about the airline industry.
The airline industry's trade association has changed its profit forecast for the airline industry. It expects a net profit of almost $9 billion. Reporter Alisa Roth talks with Bill Radke about whether this means the airline industry has officially recovered.
Like any marriage, the merger between the two airline giants has qualities that complements the others. But also like any marriage, economists predict some tough talks will be had to settle issues such as a pilots' pay.