NOTE FROM THE EDITOR

Market sluggishness has factored into M&A deals, with pressure potentially growing as economic conditions drag.

The industry has seen pauses in business activity given the environment, chipping away at capacity. While no one can foresee when the cycle will turn, combined operations may give surviving carriers the time and efficiencies they need to outlast the downturn.

That's why for this special edition, we're looking back at some key M&A coverage and issues this year to better understand what's ahead. Also, are there related issues we should focus on? Let us know.