In the following comments, I think he predicts the airline carriers' willingness of price hikes of airline tickets.

But about what are they wrong? And who are "they", the airlines or no influences on the ticket price?

I guess "they are wrong" part is explaining what contradicts the part following "despite the fact".

"You are not competing any more with other airlines, therefore you can have more ability to increase the ticket price, without losing a significant amount of passengers," he said.
"Therefore, despite the fact that airlines may hesitate to say that, 'OK, this doesn't have any [bearing] on the ticket price,' they are, I guess, wrong. They can increase ticket prices, and for sure we should see higher ticket prices after the merger than before the merger."
'They' = airlines
'wrong' means that the speaker thinks it does have a bearing on the ticket price.
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Thank you for answering.

So the "wrong" is corresponding only to 'OK, this doesn't have any [bearing] on the ticket price,' part and not "airlines may hesitate to say" part?
Or should I think it connotes that they may hesitate but do say?
It is poorly written, and probably by a non-native speaker, but common sense tells us that it denies what they would say, not their hesitation.
Thank you. It seems the speaker actually is an American educated non-native speaker.
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