Federal Investigation of High Airfares Amidst Declining Fuel Prices Called On by Schumer

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    Charles Schumer — a member of the Senate of the United States representing New York who has been frequently critical of airline fees — is calling for a federal investigation by the Department of Justice and the Department of Transportation pertaining to airlines enjoying record profits amidst dramatically declining prices for fuel, as he believes that those profits should be passed on to consumers through lower airfares in the United States, according to this article posted at his official Internet web site. Additionally, Schumer also wants to include an examination as to whether recent airline mergers — which resulted in fewer competitors — is “creating even ‘stickier’ high prices” where airfares are supposedly ten percent higher this year than they were five years ago. With all due respect to Schumer... The post Federal Investigation of High Airfares Amidst Declining Fuel Prices Called On by Schumer appeared first on The Gate.

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