Can new airlines make it in America?
The 4 biggest US airlines and their regional partners control about 80% of air travel in the US. But is there room in the skies for new competition? Over the past several years, airline mergers have left about 1,000 routes without service, most of them between smaller US cities, according to an analysis by the Massachusetts Institute of Technology. The Inspector General of the DoT in late January launched an audit to examine the impact of airline consolidation on air service to small and medium cities. "Since 2014, the airline industry has become profitable due to the economic expansion and a jet fuel price collapse in that same year. However, congressional concerns persist regarding the availability of airline service at smaller airports," said Charles A. Ward, assistant IG for Audit Operations and Special Reviews. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-02-15/general/can-new-airlines-make-it-in-america
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Can new airlines make it in America?
The 4 biggest US airlines and their regional partners control about 80% of air travel in the US. But is there room in the skies for new competition? Over the past several years, airline mergers have left about 1,000 routes without service, most of them between smaller US cities, according to an analysis by the Massachusetts Institute of Technology. The Inspector General of the DoT in late January launched an audit to examine the impact of airline consolidation on air service to small and medium cities. "Since 2014, the airline industry has become profitable due to the economic expansion and a jet fuel price collapse in that same year. However, congressional concerns persist regarding the availability of airline service at smaller airports," said Charles A. Ward, assistant IG for Audit Operations and Special Reviews. <br/>
