US Airways CEO: This Merger is Great for Consumers

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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.

American.

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.

But.

-- 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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US Airways CEO: This Merger is Great for Consumers

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