Appendix Table 1,,,, Mergers/Acquisitions in Air Transportation (1985-2001),,,, Year,Air Carriers ,,, 1985,Southwest acquired Muse,,, 1985,Piedmont acquired Empire,,, 1985,People acquired Frontier,,, 1986,Northwest acquired Republic,,, 1986,Texas acquired Eastern,,, 1986,TWA acquired Ozark,,, 1986,Alaska acquired JetAmerica,,, 1986,Delta acquired Western,,, 1986,American acquired Air Cal,,, 1986,Alaska acquired Horizon,,, 1986,USAir acquired Pacific Southwest,,, 1987,USAir acquired Piedmont,,, 1987,Braniff acquired Florida Express,,, 1987,Continental acquired People Express,,, 1994,Southwest acquired Morris Air,,, 1997,AirTran merged with ValueJet,,, 1998,American acquired Reno Air,,, 2001,American acquired TWA,,, ,,,, Bankruptcies in Air Transportation (1985-2001),,,, 1991,Eastern Airlines,,, 1994,Braniff,,, 1997,Carnival,,, 1997,Western Pacific,,, 1998,Kiwi,,, ,,,, "Note: ""Bankruptcies"" refer to Chapter 7 liquidation rather than Chapter 11 restructuring.",,,, "Sources: Lee, D., 2002. Oster, C.V., Jr., and Strong, J.S., 2001. U.S. Centennial of Flight Commission (www.centennialofflight.gov). U.S. Department of Transportation, Air Carrier Traffic Statistics.",,,,