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Low-cost carrier Southwest Airlines Co. said Thursday it expects to win over new customers and bring lower fares to unserved cities should its purchase of AirTran Holdings Inc. be completed.
“This really has the opportunity financially to be a hone run for our shareholders, our employees and customers,” Southwest Executive Vice President of Strategy and Planning Bob Jordan told a media briefing at company headquarters in Dallas. Get the full story »
If you think air fares have been rising, it’s not your imagination.
Figures just released from the government, though a bit dated, show that airline prices in the first three months of this year rose nearly 5 percent from a year earlier. And that doesn’t include baggage fees and other extras.
But average fares are 25 percent lower than they were in 1999 adjusting for inflation, the government says. Get the full story »
