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.

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