As of this morning, American Airlines and US Airways has official combined to become the “new American Airlines.” It it’s new iteration, the airline is said to be worth a whopping $11 billion and will offer more than 6,700 daily flights in 56 countries.
The merger is reported to be a good thing for financial stakeholders, but what about consumers? How will travelers fare as a result? In the ever-consolidating world of air travel, does the loss of competition cost the average traveler?
George Ferguson, Senior Airlines Analyst at Bloomberg Industries
Mark Murphy, owner TravelPulse, an online resource for the travel industry