Rockefeller: Airline Merger Could Hurt Consumers

Thursday, 14 Feb 2013 12:48 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

Senate Commerce Committee Chairman Jay Rockefeller on Thursday said he was concerned that a proposed merger between bankrupt American Airlines and U.S. Airways Group could hurt consumers by reducing competition and boosting fares.

"We will review the proposed merger of American Airlines and US Airways very closely. Industry consolidation has created stronger and more financially viable airlines, which are necessary for our country's long-term economic growth," Rockefeller said in a statement.

"But it has also resulted in fewer choices for consumers, higher air fares, and reduced air service to small and medium sized communities. Any further airline merger must be carefully evaluated to make sure it is in the best interest of the traveling public by creating more competition, more options, and lower fares," he said.

 

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Judge Rules Arkansas Ban on Same-Sex Marriage Is Unconstitutional

Tuesday, 25 Nov 2014 20:45 PM

A U.S. district judge ruled on Tuesday that an Arkansas constitutional amendment defining marriage as being only the uni . . .

Obamacare Architect to Testify on ACA's 'Deceptions'

Tuesday, 25 Nov 2014 20:12 PM

Obamacare architect Jonathan Gruber, whose comments citing the healthcare law's lack of transparency and mocking "the st . . .

House Conservatives: Let's Sue, Pull Funds for Immigration Order

Tuesday, 25 Nov 2014 19:32 PM

Conservative House Republicans want to sue President Barack Obama for bypassing Congress to shield nearly 5 million undo . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved