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Smooth sailing but cloudy skies ahead

As we come to the end of another hot summer in the Big profits This year has been particularly bountiful since it is only over the past few months that most airlines have started to see benefits of lower fuel prices with less and less of their fuel having been hedged this far out. Still, some airlines seem to have a least some of their fuel hedged at $80 or $90 dollars, or even higher, for many months to come. Passing savings on to customers Many airlines are passing these savings on to customers in the form of lower fares with some even reducing or eliminating fuel surcharges altogether (albeit some have also added some of this back in higher base fares). But the industry contiues to see lo

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