Summer Travel Is Booming. Why Are Airlines Doing So Badly?
It is shaping up to be the busiest summer season ever in the U.S., and about as strong as 2019’s in Europe. Yet both low-cost and full-service carriers are recording far narrower profit margins than they did five years ago.
It is shaping up to be the busiest summer season ever in the U.S., and about as strong as 2019’s in Europe. Yet both low-cost and full-service carriers are recording far narrower profit margins than they did five years ago.
