U.S. carriers on Tuesday said travel demand has roared back after a blip caused by the Omicron coronavirus variant and would remain strong enough to help them offset a run-up in fuel costs with higher fares. Atlanta-based Delta Air Lines Inc. said it was seeing an “unparalleled” increase in demand, resulting in the highest ticket…
US Carriers Lean on ‘Unparalleled’ Travel Demand to Counter Higher Fuel Costs
March 16, 2022
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American Airlines Sees Smaller-Than-Expected Loss as Travel Picks Up
American Airlines estimated on Tuesday a smaller-than-expected adjusted loss for the third quarter and signaled improved bookings for the rest of the year, betting on increased holiday demand and a lifting of travel bans. U.S. carriers had tempered their outlooks for the September quarter as the Delta coronavirus variant slowed new bookings and drove up…
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