Rising Fuel Costs Forcing Airlines to Cut Less Profitable, Cheaper Flights
9 Articles
9 Articles
Rising fuel costs forcing airlines to cut less profitable, cheaper flights
Executives from a number of airlines made the announcement at an investors conference this week.
Airline execs hint at higher fares, reduced schedules as fuel costs surge
Airline tickets could get more expensive if fuel prices stay elevated, executives at American Airlines and Southwest Airlines suggested. The carriers may also reduce capacity as they aim to protect their margins. Plus, both companies are investing in premium flying. As Robert Isom said: "The race to the top is much better." Learn how North Texas' major carriers are approaching the current moment in this story.
The number of international passengers in July and August was approximately 18.02 million, an 8.9% increase from a year ago. The growth was driven by a 21.3% surge in foreign visitors.
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