American Airlines-U.S. Airways Merger Set To Take Off: Seven And A Half Things To Know
Posted in: Today's ChiliScience has determined that people need to know 7.5 things per day, on average, about the world of business. You can’t argue with science. Lucky for you, The Huffington Post has an email newsletter, delivered first thing every weekday morning, boiling down the day’s biggest business news into the 7.5 things you absolutely need to know. And we’re giving it away free, because we love you, and also science. Here you go:
Mark Gongloff is off the newsletter this week, so today’s 7.5 Things are brought to you by Jillian Berman.
Thing One: Merger To Take Off: As if it wasn’t enough of a pain, flying may soon get worse for consumers. American Airlines and U.S. Airways are set to announce a merger later this week, making the new airline the biggest in the country, according to The New York Times. Though the move will make the airlines healthier and allow for more money to invest in newer planes, it could mean less service to smaller cities, which was a result of past airline mergers. Consumer advocates also say the giant airline will mean less competition and therefore higher ticket prices, as well as possible job losses, The Huffington Post’s Eleazar David Melendez reported last week.
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