NBC Evening News for Wednesday, Jun 25, 1980
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(Studio) NYC-Los Angeles air fare war said started by World Airways and Eastern when government deregulated the industry
REPORTER: David Brinkley
(No location given) Price war on New York-California routes and discrepancies with costs of other routes examined; details given on screen. [PEOPLE - comment.] Eastern Air lines reported beginning price war as challenge to transcontinental market control by American, Trans World Airlines, Inc. (TWA) and United; details given. [Eastern spokesperson Frank BORMAN - comments.] [American spokesperson Bob CRANDALL - comments.] American's financial situation with regard to New York-California routes and necessity of it dropping routes discussed; response to Eastern New York-w. coast fares outlined. [PASSENGERS - comment.] [Alfred KAHN - comments.] Preferences of some for 1st class tickets at normal price noted. [PASSENGER - comments.] Special prices announced by Eastern for July and August reported; American, United and Trans World Airlines, Inc. (TWA) said matching that fare.
REPORTER: John Dancy