Legacy Airlines Take on Burdens, Lower Fares

The nation's airlines have posted operating losses north of $22 billion since the start of 2001. And the flood of red ink shows no sign of stopping soon.

To make a little bit of profit, the industry would have to see a 9 percent to 10 percent increase in fares overall, he estimates.

"The guys who are winning are the guys with the deep pockets, Southwest," Cordle said.

We Recommend

  • News

    Fares Bleed Legacy Airlines

    Legacy carriers face quite a conundrum. They haven't been making money with the fares they've been charging. But if they raise fares, they fear gains from fare increases may be exceeded by revenue...

  • News

    Big Airlines Find Profitable Skies Internationally

    For the six largest U.S. carriers, international markets are proving less turbulent and more promising.

  • News

    Competitors Match American Fare Increase

    A fare increase launched by American Airlines appeared to stick on Friday, as Northwest Airlines Corp., Delta Air Lines Inc., and Continental Airlines Inc. said they, too, would raise fares in most...

  • News

    NWA Faces More Scrutiny

    Northwest loses $458 million in first quarter, and some employees blame high fuel costs.