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US antitrust officials probe airlines for price fixing

Wall Street signalling that carriers have done too little to curb seat supply amid fall in airfares

The quartet of American, United, Delta and Southwest accounted for 77 per cent of 2014 US airline traffic.


AMID a drop in airfares and a surge in seating, US antitrust officials surprised airline investors with an investigation into whether carriers are colluding to maintain pricing power.

The Justice Department seeks airline documents that would reveal the "need for, or the