Price of Airline Consolidation. / David Leonhardt and Jane L. Levere.
by Leonhardt, David; SIRS Publishing, Inc.
Material type:
BookSeries: SIRS Enduring Issues 2002Article 61Business. Publisher: New York Times, 2001ISSN: 1522-3191;.Subject(s): American Airlines, Inc | Trans World Airlines Inc | Air travel | Airlines -- Rates | Competition | Consolidation and merger of corporationsDDC classification: 050 Summary: "Better frequent-flier programs, more convenient schedules, higher fares. That, airline industry experts said yesterday [Jan. 8, 2001], is the most likely outcome for many consumers if American Airlines...succeeds in its plan to purchase Trans World Airlines and part of US Airways....It would also further consolidate an industry that could quickly be moving toward three giant companies." (NEW YORK TIMES) This article discusses the concentration of power shifting to just a few airlines, thus lessening competition among airlines and leading to higher prices for consumers.
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High School - old - to delete | REF SIRS (Browse shelf) | Available |
Articles Contained in SIRS Enduring Issues 2002.
Originally Published: Price of Airline Consolidation, Jan. 9, 2001; pp. A1+.
"Better frequent-flier programs, more convenient schedules, higher fares. That, airline industry experts said yesterday [Jan. 8, 2001], is the most likely outcome for many consumers if American Airlines...succeeds in its plan to purchase Trans World Airlines and part of US Airways....It would also further consolidate an industry that could quickly be moving toward three giant companies." (NEW YORK TIMES) This article discusses the concentration of power shifting to just a few airlines, thus lessening competition among airlines and leading to higher prices for consumers.
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