Air fares flying in and out of Grand Rapids will likely drop

Now that low-cost carriers Air Tran and Frontier Airlines are offering daily service in the Grand Rapids market, it's likely air fares to and from Gerald R. Ford International Airport will drop.

According to excerpts from the story:

In fact, Air Tran claims - and industry analysts agree - that once they enter a market, fares for all carriers to all cities can drop 40 - 60%. Average fares dropped almost immediately and stayed that way.

"Basically, when all is said and done, I'd be surprised if airfare savings weren't in the millions and millions of dollars over the course of a year, easily," analyst Joel Antolini of Seabury APG told 24 Hour News 8.

Read the complete story here.
http://www.woodtv.com/dpp/your_money/Cheaper-GR-air-fares-coming-Really