Since august combining bankrupt american what the much smaller us airways. It has to be approved by the anti antitrust regulators but if this mega merger is approved, four airlines will control about three quarters of the u. S. Airline traffic. Susan mcginnis is in washington with more on this story. Susan, good morning. Good morning. This is the latest mergener this massive consolidation that has taken place over just the last five or six years. This ones going to combine the third and fourth Biggest Airlines to form the largest. Now, the typical winners in these massive deals are usually airlines themselves because they can save on jet fuel and routes and boost profits on wall street. For travelers it often leads to higher fares, fewer flights, and fewer assets. American airlines and us airways are joining forces to join the Biggest Airline in the world. Our best goal Going Forward is to make it the biggest strongest airline in the country, and i suppose thats about to happen. The co
Will have to sign off on the deal. Theyll look at whether the merger will mean less competition. American will have a monopoly on virtually every route that they fly. If the deal flies, the worlds four Biggest Airlines would control nearly 70 of all air traffic. Experts say ticket prices could take off as a result. Even though people say that you know this particular merger of us airways and American Airlines isnt going to raise ticket prices, i dont believe that one bit. Despite those concerns, the merger is expected to be approved. Now, as the industry consolidate, the big loser is said to be travelers which they really have no alternative to this form of travel. Mergers like this one in the past has led to higher airfares of 20 to 30 in some markets. Ooh, that is going to hurt. Thank you. Susan mcginnis in wark. Well, Oscar Pistorius who made it to the olympics as a sprinter is now in Police Custody after a woman was shot dead in his home in south africa. There are reports that the
Would you pay $2,399 plus airfare to come to the Sisters Outdoor Quilt Show? Of course not. You live here. But 80 did, all part of Country Heritage Tours’
Guerrilla gardens take root across Twin Cities Planted by activists, the gardens pay homage to the dead. July 3, 2021 5:04pm Text size Copy shortlink:
George Floyd Square, Daunte Drive and Winston Way.
Initially, activists and protesters claimed these plots of land as areas of protest the intersection of 38th Street and Chicago Avenue where a Minneapolis police officer murdered Floyd last year; the corner where a Brooklyn Center police officer shot and killed Daunte Wright in April; the parking garage where U.S. marshals shot Winston Boogie Smith Jr. in early June and near where a speeding, unlicensed driver killed protester Deona Marie Knajdek 10 days later.