Questions 10-12 refer to the following broadcast.
W: This is Jillian Edwards with the nightly news. This week, two of the country's largest airlines have announced plans to merge into a unified entity. Profits for Helena Airlines dropped after their competitor Loftie Airlines slashed prices on more than twenty of their routes. Gordon Ascott, chief of Helena Airlines, said that the move would benefit both companies. And it will also allow Helena Airlines to keep all of their staff. So many members of the board are praising the merger. Helena Airlines has said they will finalize the merger later this year. |