December 4: Did The Justice Department Do Enough To Protect American Airline Consumers? (International Business Times)
December 4, 2014
It’s a good time to be in the American airline industry. Planes are full, fuel is cheap and profits are finally soaring. According to Bank of America Merrill Lynch analyst Glenn Engel, North American airline earnings will jump 73 percent from $11 billion in 2014 to $19 billion in 2015, thanks in large part to fuel savings.
Of course, the American consumer isn’t exactly feeling the effects of the industry’s good fortune...