Airlines are scrambling to fix the unsustainable crisis caused by too many cheap flights
United Airlines and many of its peers are struggling to keep profits up thanks to an influx of cheap tickets and high costs.
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- An influx of cheap economy-class seats hitting that market in recent months has depressed airfares.
- This has weighed down airline earnings despite strong demand for flights.
- Airlines are cutting seat capacity and leaning on premium cabins to improve financial performance.
It may not feel like it, but there...
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