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US Airways CEO: Charlotte Fares Will Stay High

Bad news for you guys in the Charlotte area:  You may have been excited by the prospect of lower fares now that US Airways has become a lowcost carrier.  No dice.  CEO Doug Parker said in an interview that the oppressive fare structure in the city (which is dominated by US Airways) will probably continue owing to the high costs of operating so many regional jets out of the airport.  That’s terrible for consumers.  But it’s a smart business move—for too long airlines have been charging fares that don’t cover their costs.  It’s hard to begrudge US Airways the opportunity to actually be profitable.  Still, it’s miserable that you can drive down the road to Greensboro and save a bunch of money.

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