"Mm hm. Now, if the deal is approved by the Department of Transportation, what is it likely to mean for consumers? If there's less competition the fares could possibly go up."
"Well, yes. You would think that when you move from two competitors in a market to just one airliner that prices would just have to go up. But I want you to keep in mind that unrestricted fares of the kind People Express offered, you know, wholesale unrestricted fares, were being eliminated and phased out anyway, because they were not profitable. And the Department of Transportation theory here is that if you allow mergers to take place, or many mergers to take place, you might create more efficiencies and low costs, leading possibly to lower fares. And also the Department of Transportation believes that there's a lot of potential competition in the marketplace. Airlines can move planes around and buy gates, and so that if an airline in a particular market segment was making a lot of money and raising prices excessively, other airlines would move in and prices would be brought down through competition. So that it's a nice theory, the theory of potential competition keeping prices in line, but it's sort of a new idea and it's not clear that that's really the way it would work."
"Thanks." From New York, NPR's Barbara Mantel.
"My audiences have been very devoted over the years throughout the country. And they've expanded and grown and the country audience has been just as kind and as supportive as the folk audience has been."
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