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Airlines Keep High Fares Amid Low Passengers | Markets & Money News
Air travel has seen a decline in passengers this year, yet airline executives remain unconcerned, focusing instead on maintaining high ticket prices. Average fares have increased over twenty-two percent, with Southwest Airlines reporting an average fare of $231.69, despite a 3.2% drop in passenger numbers. In contrast, United Airlines managed a 2.4% rise in passengers and significant revenue growth, highlighting the industry’s resilience. As the holidays approach, travelers may face higher
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