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Travel

Airlines got too confident, and now they are paying the price despite record-breaking travel

Airlines added too much capacity amid confidence in soaring demand. Boeing, high costs, and fewer high-paying business travelers haven't helped.

By: Business Insider
  • Jul 28 2024
  • 38
  • 4931 Views
Airlines got too confident, and now they are paying the price despite record-breaking travel
Airlines got too confident, an
Southwest and American have recently announced profit outlook adjustments despite travel booming.Smith Collection/Gado/Getty Images

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