Mergers don't always mean higher fares, experts say

06/22/2010 | USA Today

Conventional wisdom holds that airfares rise after airlines merge, but that may no longer be true, as USA TODAY points out. After more than a dozen mergers and numerous bankruptcies since deregulation in 1978, airfares remain at historic lows, a statistic that argues against traditional economic assumptions. "Clearly, there are other factors in the price of fares besides consolidation and concentration," says William Swelbar of MIT's International Center for Air Transportation.

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