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FEB 19, 2013 - Slate

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The End of Cheap Airfare

Time to shed a tear into your tiny plastic cups of tomato juice, because the merger between US Airways and American Airlines announced last week marks the end of the era of cheap domestic airfares. Thanks to Northwest’s takeover by Delta, Continental’s takeover by United, and AirtTan’s takeover by Southwest, and now this, four giant airlines will soon control about 70 percent of the American market. That’s not exact a monopoly situation, but it does mean that the 30-plus year run of robust competition and ever-falling airfares is almost certainly over.

Tags: The End of Cheap Airfare,  Monopoly Latest News