Travel
Higher Airfares Are Here to Stay, but Don’t Expect Airline Profits to Rise
Jet fuel costs are hitting new highs, eating into the gains from higher airfares. Delta is expected to be among the few U.S. airlines to see a profit this year.
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allegiant air
Travel
Ultra-Low-Cost Carriers Face Soaring Jet Fuel Costs With No Relief and Little Room to Raise Fares
Rising fuel prices are once again becoming a concern for the airline industry. Some airline executives have said to expect more capacity cuts and higher airfares.