Airlines face numerous problems, including higher costs, such as fuel, wages and interest rates.
And problems at Boeing mean airlines have too few planes to expand routes to support a record numbers of flyers.
Labor costs and jet fuel prices, the airlines’ two largest costs, are both sharply higher this year.
Jet fuel prices are climbing because of higher demand in the summer.
Southwest announced in April that it would stop serving four airports to trim costs — Bellingham International Airport in Washington state, Cozumel International Airport in Mexico, Syracuse Hancock International Airport in New York and Houston’s George Bush Intercontinental Airport.
Persons:
that’s, Houston’s George
Organizations:
New, New York CNN, Boeing, Labor, Airline, Jet, International Air Transport, Airbus, Alaska Airlines Boeing, Max, Federal Aviation Administration, Southwest, Bellingham International Airport, Cozumel International, Syracuse Hancock International, Houston’s George Bush Intercontinental
Locations:
New York, Southwest, United, Washington state, Cozumel, Mexico, Syracuse