U.S. airlines are cutting domestic capacity even as air-travel demand stays high, which could mean higher prices and longer delays. The six major U.S. airlines have scheduled 4.4 percent fewer seats—or 72,000 fewer seats a day—for January. Airline executives blame higher gas prices, although aircraft repairs and a shift to more lucrative international routes are also factors. (USA Today)
The Bottom Line
December 4, 2007
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