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Mergers Raise Fears of Higher Air Fares. / Ken Moritsugu.

by Moritsugu, Ken; SIRS Publishing, Inc.
Material type: materialTypeLabelBookSeries: SIRS Enduring Issues 2002Article 61Business. Publisher: Knight-Ridder, 2001ISSN: 1522-3191;.Subject(s): Air travel | Airlines -- Rates | Consolidation and merger of corporationsDDC classification: 050 Summary: "The major airline deals announced yesterday [Jan. 10, 2001] heighten fears that consolidation of the industry will erode the consumer benefits gained over two decades of deregulation. The proposed takeover of Trans World Airlines by American Airlines and the previously announced acquisition of US Airways by United Airlines would reduce the number of major airlines in the United States to five." (PHILADELPHIA INQUIRER) This article contends that consumers may face higher air fares due to the limited number of available airlines.
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Articles Contained in SIRS Enduring Issues 2002.

Originally Published: Mergers Raise Fears of Higher Air Fares, Jan. 11, 2001; pp. A1+.

"The major airline deals announced yesterday [Jan. 10, 2001] heighten fears that consolidation of the industry will erode the consumer benefits gained over two decades of deregulation. The proposed takeover of Trans World Airlines by American Airlines and the previously announced acquisition of US Airways by United Airlines would reduce the number of major airlines in the United States to five." (PHILADELPHIA INQUIRER) This article contends that consumers may face higher air fares due to the limited number of available airlines.

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