Re:Why I don't believe in Uber's Success
by 1_2__3 on Thursday January 19, 2017 @08:48PM
(#13441158)
That... Doesn't match history at all. Mergers have been far more dominant in recent years than bankruptcies, but you ignore them completely.
[ Parent
| on HN ]
It is a very large piece of the long-term puzzle for how airlines are still in business despite having lost money consistently.
http://www.npr.org/2011/11/29/142909836/is-bankruptcy-busine...
That said, consolidation through mergers has happened recently. We will see how that plays out going forward.