[Chetry:] There you go. "Say Hey" this morning.
[Acosta:] Yes.
[Chetry:] Twenty minutes past the hour. Christine Romans "Minding Your Business." And you're here this morning and we've been talking about a lot. Goldman Sachs saying that they're going to vigorously defend any of those charges against them by the SEC regarding fraud.
[Romans:] Right. Covering that this morning. Also, they're watching if its stocks go lower because there are still you know, well, the market had been up a lot because people are rattled about that. Also covering the airlines promises for no carry-on fees for bags. I mean, Chuck Schumer last week, you interviewed him I think on Thursday.
[Chetry:] Yes, Thursday. He said he was going to try to put legislation out there to stop it.
[Romans:] And they did. They have a, you know, a bill that they introduced on Wednesday that basically said that there are essential things. When you buy a plane ticket, there are some things that are essential, like bringing a pair of clothes with you. You know, this is essentially you shouldn't have to pay for this. Spirit Airlines kicked this whole thing off, you know, a couple of weeks ago when they said they'd charge up to $45 for you to bring the carry-on, the carry-on to put in the overhead bag bin. There was just such public outrage against this. Chuck Schumer got involved and some other Democratic senators. And Chuck Schumer got a promise from five airlines, these five airlines that they will not charge carry-on fees. They are American Airlines, Delta Airlines, JetBlue JetBlue, which never did before, never had any indication that it would, United Airlines and US Airways. Meanwhile, it's interesting because Spirit is kind of sticking to its guns on this thing. It's a free market. You know, if people want to see what they're paying, they want to see they want everything broken out so they can see how much their plane ticket costs. You know, how much is the gas? How much is the ticket? How much is the fee to check a bag? How much is the fee to carry on a bag? But the reason why they're doing this it's not because they're mean. It's because the airline industry is losing $7 million a day. It's projected to lose maybe $2 billion this year.
[Acosta:] So charge more charge more for tickets.
[Romans:] Well, that's
[Acosta:] The base fare, charge more for the ticket.
[Romans:] And that's the debate.
[Acosta:] Enough with this enough with this stuff.
[Romans:] That's the debate.
[Acosta:] Yes.
[Romans:] And they've gone to this unbundling
[Acosta:] Yes.
[Romans:] where they're trying to charge, you know, a little here, a little there, a little here, a little there to keep your business so you think you're getting a low
[Acosta:] Right.
[Romans:] You know, Jim is like
[Acosta:] No. I'm done with it.
[Romans:] Charge me more.
[Acosta:] Just charge me more. Yes, because it's basically gotten ludicrous. You know, I mean, it's sort of
[Romans:] Ludicrous?
[Acosta:] Yes. It's just not passing I do get it. But you know, I want to go on a rant here but I'm being told we don't have time. But I mean
[Romans:] Rant, rant.
[Acosta:] No, seriously, it's out of control and people are just like if this doesn't make common sense to me
[Romans:] Right.
[Acosta:] why does it make any sense to these guys.
[Romans:] And I think Schumer's position is a pretty popular decision.
[Acosta:] Yes.
[Romans:] I mean, didn't he tell you that 90 percent of people who call his office are just screaming about this.
[Chetry:] Yes.
[Romans:] Even though Spirit Airlines and others say, no, we hear from people that they want to pay just for what they use.
[Acosta:] Yes.
[Chetry:] Spirit Airlines says if you're not going to eat the fries, why should you pay for a burger and fries. Just pay for the burger. So that's their, you know
[Romans:] I need to follow up on Ryanair, too, because last week Ryanair said it was considering paying the use of the loo.
[Chetry:] That's right.
[Romans:] And I don't know if they've decided to do that yet, but that was the whole pay for pee, taking it to the very next level.
[Acosta:] Well, if you like nuttiness with your airline stories, check this one out. Coming up in just a few moments, some airports giving away free parking, even free flights and they're doing it to try to get millions of your tax dollars. Drew Griffin with our special investigations unit will join us live to explain what's going on. You're not going to want to miss this. It is 23 minutes after the hour.