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Transcripts For CNNW CNN Newsroom 20130217

Will shoot up as competition disapears. But take a look at this. Just after Airline Deregulation came into effect, there were 20 Major Airlines in the United States. By 1990, there were only 12 Major Airlines in operation. Today just seven and with uss usair and american merging well be down six. Usair and american dont have a lot of overlapping routes or hubs. In the end, there will only be about out routes out of the 9,000 or so that will be served by one airline. They may see fares go up. But look at this. Since 1979, prices for an average domestic economy airfare have dropped from 579 then to 365 now, though they have started to tick up a little bit lately. So much for that myth that merging airlines causes prices to go up. Thanks for watching this week. Find me on facebook at facebook. Com ali velshi. See you monday at 3 30 p. M. For your money daily. Have great weekend. Hello, everyone, it is 4 p. M. In the east, 1 p. M. On the west. Im Deborah Feyerick in for fredricks whitfield

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