Int'l airlines association rejects U.S. airlines prices-fixing charge

July 3, 2015 10:46 am 

WASHINGTON, July 3 — U.S. airlines did not join forces to keep airfare prices high since average airfares have fallen by almost two-thirds over the past 20 years, International Air Transport Association (IATA) spokesman Perry Flint told Sputnik.

On Wednesday, the U.S. Department of Justice announced it was investigating a possible collusion by major American airlines to maintain higher airfares for customers.

Collusion is an agreement between parties to limit competition through deceiving, misleading or defrauding of others’ legal rights in order to gain unfair market dominance.

Airlines for America Senior Vice President Jean Medina told Sputnik that U.S. airlines did not restrict the number of available seats or maintain higher fares on airline consumers.

The International Air Transport Association is a trade association representing the airline industry around the world, according to the organization’s website. (PNA/Sputnik)

JBP/CDN

Comments

Comments are closed.