Word: scocozza
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Even so, consolidation does not make it inevitable that the benefits of deregulation will disappear. Says Harvard Economist John Meyer, an expert on airline deregulation: "This may not mean the end of low fares, just the end of $99 transcontinental fares." The Department of Transportation's Scocozza argues that "as long as there is head-to-head competition in the marketplace, we should not be concerned." For every airline merger, Scocozza adds, "I see a smaller carrier taking its place." Houston-based TranStar, for example, is now offering a $79 fare between Miami and Los Angeles. As far as overall...
...Matthew Scocozza, assistant secretary of Transportation for international affairs, said the United States has a list of 17 foreign airports that are considered "high risk" for terrorist incidents. The list is classified, he said, but Scocozza also said there is no reason yet to warn Americans not to travel through those airports...
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