CEOs: Proposed Merger Doesn't Mean Higher Air Fares - NewsOn6.com - Tulsa, OK - News, Weather, Video and Sports - KOTV.com |

CEOs: Merger Of American And US Airways Wouldn't Mean Higher Air Fares

Posted: Updated:
US Airways CEO Doug Parker. US Airways CEO Doug Parker.
Tom Horton at Tuesday's subcommittee hearing. Tom Horton at Tuesday's subcommittee hearing.
WASHINGTON -

The CEOs of American Airlines and US Airways answered questions at a U.S. Senate antitrust committee hearing Tuesday over the proposed merger of the two airlines.

Tom Horton and Doug Parker reassured senators air fares would not rise after the merger of the two airlines.

A majority of the judiciary subcommittee's questions centered on the number of takeoff and landing slots at Reagan National Airport in Washington.

Parker told the senators if the merged airline were forced to give up slots, it would be to its less lucrative markets, thus hurting small to mid-sized markets.

Two other witnesses -- Diana Moss, Director of the American Antitrust Institute and William McGee, a consultant for the Consumers Union -- urged the senators to take a close look at the proposed merger, saying previous mergers have resulted in higher airline fares.

Both Horton and Parker told lawmakers air fares wouldn't go up as a result of the merger.

In a news release ahead of appearing before the subcommittee, Doug Parker said the merger would create more connecting flights for travelers.

"By combining these networks, we will provide thousands of passengers better alternatives by creating over 1,300 new connecting opportunities and the potential to access numerous cities world-wide served by one carrier but not the other," Parker said.

Special Features

Community Calendar

Find out what's going on around town and submit events!

Share

See it! Shoot it! Send it! Share your weather pics and videos with NewsOn6.com!

iPhone App

Get breaking news, weather, sports & video directly on your iPhone.

Mobile Alerts

Get breaking news, headlines, weather alerts & more on your cell phone.

TV Schedule

Need to know what's on TV? Check out our television schedule.

Live Radar

WARN Interactive

Special Coverage

  • Bridge Tracker

    How safe are Oklahoma's bridges? Use Bridge Tracker to find out now.

  • Cold Case

    Join Lori and local homicide detectives as they search for Cold Case clues.

  • Fallen Heroes

    News On 6 honors our fallen Oklahoma heroes. View our interactive timeline.

  • Murrah Bombing Timeline

    Learn more about the events leading up to and following the bombing.

  • Storm Zone

    Watch tornadoes tear across Oklahoma and learn how to stay safe!

  • Turnpike Timelines

    View a historical road map of Oklahoma's turnpike system.

Powered by WorldNow
News On 6
303 N. Boston Ave.
Tulsa, OK 74103
TULSA'S OWN TM
GREEN COUNTRY'S OWN TM
Oklahoma's Own Newson6.com is proud to provide Oklahomans with timely and relevant news and information, sharing the stories, pictures and loves of Oklahomans across our great state including Tulsa's Own and Green Country's Own.
All content © Copyright 2000 - 2014, WorldNow and KOTV. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.