Originally Posted by
shoelu
I guess we will see how it all plays out when the slot auctions take place, but the folks making these decisions most certainly DO NOT agree with your assessment.
When the settlement was announced Nov. 12, Assistant Attorney General William Baer made it clear that the department wanted the assets to go to low-cost carriers so they could bring price competition to more markets.
“We see the legacy carriers as part of the problem. We see low-cost carriers as a key part of the solution,” Baer told reporters.
Asked if airlines like Delta should bother applying for the American and US Airways assets, Baer replied: “That’s up to them. But the papers make pretty clear where we think these gates and slots need to go in order to improve on a competitive dynamic today which is not as healthy as it could be.
”Specifically, the settlement requires the companies to divest or transfer to low cost carrier purchasers approved by the department."
The only low cost carrier in the US now is spirit.... and maybe frontier. Everyone else has about the same price structure.