JUST MAYBE, THERE IS A CEASE-FIRE IN THE GLOBAL air wars. As a first step toward easing transatlantic tensions, the U.S. Department of Transportation has tentatively approved the proposed merger of Northwest and KLM Royal Dutch airlines. The endorsement comes as Washington and European countries spar over "open skies" agreements. Britain, for instance, is pressing the U.S. to okay a proposed alliance between British Airways and USAir. The Americans are also squabbling with France and Germany over airport landing rights. U.S. airlines have generally opposed making any concessions unless European countries reciprocate by opening their markets to American carriers. By giving...
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