Jet fuel prices and airfares are rising but travellers are still booking flights, US airlines say
Published 19 hours ago
Jet fuel prices and airfares are rising but travellers are still booking flights, US airlines say
Major United States airlines say they are not expecting a significant dent in quarterly profits despite soaring jet fuel costs tied to the war in the Middle East adding hundreds of millions of dollars in expenses. Executives from Delta Air Lines, American Airlines and United Airlines told investors Tuesday that strong ticket sales are helping offset those higher costs, with all three carriers reporting record bookings this year.