WASHINGTON — House Transportation and Infrastructure Committee chairman Rep. James L. Oberstar, D-Minn., yesterday vowed to try to stop airline mergers, a trend rating agency analysts agree could be disruptive to airports and their finances.

“Hell no,” Oberstar said about airline mergers, including a rumored consolidation of Delta Airlines and Northwest Airlines or United Airlines, at press conference on the committee’s 2008 agenda.Oberstar said consolidation in the airline industry reduces the number of air service providers, particularly to smaller communities, which leads to less competition and can drive up airfares. Mergers also spur other consolidations as competitors seek to remain competitive.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.