§ Delta purchase of oil refinery will end monopoly, expert says
Delta Air Lines will end a monopoly on oil supply through its purchase of a refinery, analysts say. "Essentially the supply of incremental gasoline and jet fuel to the Atlantic coast is being monopolized," said Philip Verleger, president and owner of energy and commodity consulting firm PKVerleger. "By buying this refinery, Delta escapes that and leaves the other airlines at the mercy of very few incremental suppliers." Air Transport World (5/2), The Wall Street Journal (5/1)
Delta Air Lines will end a monopoly on oil supply through its purchase of a refinery, analysts say. "Essentially the supply of incremental gasoline and jet fuel to the Atlantic coast is being monopolized," said Philip Verleger, president and owner of energy and commodity consulting firm PKVerleger. "By buying this refinery, Delta escapes that and leaves the other airlines at the mercy of very few incremental suppliers." Air Transport World (5/2), The Wall Street Journal (5/1)
