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U.S. asks: Do airfares rise when carriers have same investors?

2015-09-23 09:53:54| Airlines - Topix.net

U.S. antitrust officials investigating whether the nation's four largest airlines colluded on pricing are looking at executives' communications - not only with each other, but also with their biggest shareholders. The Justice Department's antitrust division has asked the carriers - American Airlines Group Inc., United Continental Holdings Inc., Delta Air Lines Inc. and Southwest Airlines Co.- for details about meetings with their major shareholders in which "industry capacity" was discussed, according to an official information request reviewed by Bloomberg News.

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