 Money News at 10 and 40 past the hour, brought to you by PenFed. Great rates for everyone. Here's Ed Curry. This is a Bloomberg Money Minute. Basic economy fares have become a fixture for America's airlines. They're geared toward... People that are not looking for frequent flyer miles, they're not looking for anything special. They just want basic transportation from point A to point B. Basic economy was adopted by Delta years ago to challenge discount airlines.