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Analysis-Airlines test fliers' tolerance for high prices to bolster profits

U.S. and European airlines will aim to boost profits again this year with higher ticket prices as they try to squeeze what they can from the post-COVID travel boom and mitigate higher costs amid persistent plane shortages, investors and executives say. Tight supplies, in turn, are keeping air fares high, allowing carriers to pass on higher jet fuel, labour and maintenance costs. That has sent average revenues per passenger - known in the industry as yields and a proxy for airline pricing power...
City Of United Kingdom United States Mark Potter Joanna Plucinska Jamie Lindsay
Source: yahoo.com

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