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Yes well no sooner had America did US Airways announced their merger earlier than -- Senate Commerce Committee chairman Jay Rockefeller was -- on the deal.
Warning that it could hurt consumers a merger would create an eleven billion dollar billion of of the skies.
To US Airways CEO Douglas Parker and AMR -- CEO Thomas Horton who don't want to -- both of you.
-- -- -- -- -- On this senator's concerns that this is gonna hurt.
Consumers were fears that -- my equities.
-- We are happy to address -- senator concerns.
I think extending has any -- this -- is great for consumers the reality is we have two very complementary networks between US Airways and America what an end to.
Over 900 routes -- by the two airlines only twelve wage -- have overlap.
This is this this is a merger -- could -- -- -- airlines.
And applied to more places for more people and be good for consumers were.
Couldn't be happier about it.
Do you get -- -- at all addresses it to you -- started that there is a consolidation clearly going on in the industry.
Have to dealt a blow northwest and united content double and southwest -- that there are effectively for super carriers era accounted for the bulk of US traffic.
So buy -- -- revert to a fewer choices for consumers.
There's this year that they -- they're gonna get stuck behind -- -- them of their concerns.
Well I think this actually enhances competition because before this deal you had -- mega carriers and and delta and united.
And now you'll have a third carrier that is fully competitive with those two on a global basis and in fact if you.
Take a look at the global context you have the three global alliances stars sky team and one world.
And this deal bringing it.
Bringing US -- into into the fold and American.
All -- -- one world that much stronger and a more robust competitor aware of starved country.
You know I don't I guess this is a regular flyer -- looking at the industry now it's going now I I know you will be the largest when all is said and done.
But there are still only so many planes out there are a demand is actually picked up appreciably.
Consumers certainly are used to more crowded planes -- against good for you in the long run.
-- there is this concern as well about fees going up credited for where you sit on a plane to went to get on a plane.
And it's turned out to be -- a substantial moneymaker for all airlines billions of come off these entities.
Are we gonna see still more.
Well there's clearly more of a trend.
Having customers pay for the things that they value most and not pay for the banks would -- who would rather not purchase and I think that's been.
Constructive for the industry I think it has been.
One part along with consolidation and other things.
That have led to a more profitable and healthy airline industry and I think it healthy airline industry is good for our country it.
It allows these companies to reinvest and to hire and to grow.
And that's important for the country I thank you don't.
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