SAN LUIS OBISPO COUNTY, Calif- American Airlines and US Airways are merging, in an eleven billion dollar deal, creating the world's largest airline. It will be run by the CEO's of US Airways.
The new merger with American Airlines and US Airways can affect three central coast airports, Santa Barbara, San Luis Obispo and Monterey. Michael Manchak, the President of Economic Vitality Corp. said there are several ways this merger can play out. "Each one of those airports still talk about having too few flights one can argue that less competition won't bring more flights," said Michael Manchak, President of the EVC.
Less competition because there are less major airlines. On the other hand, both companies have multiple partnerships with other airlines so prices could drop. "The more airlines you have in a particular network the more clout there is in getting better airfares," said Travel Consultant Maureen Cormiea.
Doug Parker, the CEO of US Airways said he expects to keep all hubs and destinations served by both airlines. Some consumer advocates worry this may not be the case.
"There are consumer advocates that are very concerned that with less competition there are three issues that we are faced with potentially, lack of jobs, less competition and also higher prices," said Manchak.
The merger still faces regulatory obstacles and it still needs to be approved by the Department of Transportation and Justice Department. If the deal passes American Airlines and US Airways expect the merge to be complete by September.
Wednesday, June 5 2013 5:40 PM EDT2013-06-05 21:40:27 GMT
Dear Jon - Tina wrote to me and asked, "Dear Jon, who paid for Tibor Karsai's RV, was it taxpayer money?" We went to the Santa Barbara County Sheriff's Department to get some answers. This whole TiborMore >>
Dear Jon - Tina wrote to me and asked, "Dear Jon, who paid for Tibor Karsai's RV, was it taxpayer money?" We went to the Santa Barbara County Sheriff's Department to get some answers. More >>
Tuesday, June 18 2013 7:43 PM EDT2013-06-18 23:43:45 GMT
SANTA MARIA - A signs is up for a new housing development on the northeastern outskirts of Santa Maria that's been shelved since the housing market bubble burst 6 years ago. "It seems there's a veryMore >>
Permits for new home construction in Santa Barbara and San Luis Obispo Counties up over the same period last year .More >>
Tuesday, June 18 2013 7:35 PM EDT2013-06-18 23:35:21 GMT
SANTA MARIA - As the finishing touches are put on a major renovation of the former Mervyn's Department Store at Town Center West in downtown Santa Maria, the City Council will decide if the 80,000-plusMore >>
Town Center West owner Gary Grossman warns City Council about rejecting Fallas Store project.More >>
Tuesday, June 18 2013 5:29 PM EDT2013-06-18 21:29:42 GMT
SACRAMENTO, Calif- A bill now sitting on Governor Brown's desk would make it optional for cities and counties to comply with deadlines and other rules when they receive a request for public records.More >>
A bill now sitting on Governor Brown's desk would make it optional for cities and counties to comply with deadlines and other rules when they receive a request for public records.More >>
Tuesday, June 18 2013 3:05 PM EDT2013-06-18 19:05:41 GMT
PASO ROBLES, Calif. - Paso Robles Police are looking for a man who walked into a bank on Tuesday morning and held it up. Police say on Tuesday, June 18, 2013 at approximately 9:20AM the Paso Robles PoliceMore >>
PASO ROBLES, Calif. - Paso Robles Police are looking for a man who walked into a bank on Tuesday morning and held it up.More >>