Rising costs and airlines’ operational stumbles are taking some of the shine off a summer marked by an insatiable appetite for travel.

Airlines are once again making money as travel demand has largely recovered from the depths of the Covid-19 pandemic, however, higher fuel prices and growing costs of labor and other items are eating into their margins.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

BU finds Ibram X. Kendi’s antiracist research center managed funds properly, despite turmoil

Boston University said Tuesday that its initial inquiry into the antiracist research…

WNBA coach fined, suspended after disparaging athlete’s size

UNCASVILLE, Conn.— Connecticut Sun coach Curt Miller has been fined $10,000 and…

Virginia professor to step down after backlash to research on ‘minor-attracted’ people

A Virginia professor whose academic research on “minor-attracted people” sparked threats and…

U.S. Budget Deficit Ends Fiscal Year Below Prior Year’s Record Level

The Treasury building in Washington. Photo: Samuel Corum/Bloomberg News By John McCormick…