Consumer Minute: Could an airline merger mean lower ticket prices?

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by Sandra Parker, 13News Now

WVEC.com

Posted on November 13, 2013 at 12:54 PM

Updated Wednesday, Nov 13 at 1:00 PM

Looks like the world's largest airline is becoming a reality.  The government has settled its lawsuit and will allow American Airlines and US Airways to merge.  That merger may mean lower ticket prices for you.   That's because the terms of the deal are going to provide and opportunity for low-cost airlines to fly more flights out of some of the nation's biggest airports.  The next hurdle the merger must overcome is approval by a US Bankruptcy Court.  That's expected to take place next month. 

Apple began selling its new iPad mini online Tuesday.  Right now it is not available in Apple stores. But you can get the smaller speedier tablet from select retailers and from Apple's wireless partners AT&T, Sprint, T-Mobile and Verizon.  Four-hundred dollars is the starting cost for the iPad mini.

The price of Francis Bacon's "Three Studies of Lucian Freud" went for more than $142 million at auction yesterday.  That makes it the most expensive painting ever sold at auction.   So far the buyer has not been identified.

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