Fliers face rising costs in consolidation

08/14/2013 | Star Tribune (Minneapolis-St. Paul, Minn.)

Fliers have seen the price of airline tickets rise during the wave of consolidation that's hit the industry, and that's unlikely to change even if the American Airlines-US Airways merger is halted, some say. The average ticket price has jumped more than $27 from 2008, as fliers have had fewer airlines from which to choose. "It's too late. It's already a very consolidated industry," said Savanthi Syth, an airline analyst with Raymond James. "I don't know if you want to stop an industry from being profitable."

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Star Tribune (Minneapolis-St. Paul, Minn.)

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