US Airways Group Inc. Chief Executive
David Siegel said he expects consolidation to lead to three major
U.S. airlines with broad national networks and a “swarm of low-
cost carriers” as consumers demand lower fares.
Shuttle routes among Washington, Boston and New York like
those flown by his airline eventually will be served by discount
carriers at lower prices, Siegel also told an executive group in
McLean, Virginia. US Airways, the nation’s seventh-largest
airline, has said it may sell assets including its shuttle.
Rhode Island's Market Has Changed. Developers, Builders, Investors and Sellers Must Change With It.
By Emilio DiSpirito IV License Partner | Engel & Völkers Oceanside Leader | The DiSpirito…
Learn More
Carriers such as Arlington, Virginia-based US Airways that
have a system of hub airports and routes radiating from them are
cutting costs as discounters such as Southwest Airlines Co.
expand. Southwest is typical of low-cost discounters that operate
between pairs of cities rather than with a hub system.
Bloomberg News
