real-time news and commentary for investors
Wednesday, Oct 9
Air fares significantly higher for Thanksgiving this year
- Orbitz reports that air fares to the top 10 destinations for the Thanksgiving weekend rose 9.4% compared to a year ago.
- Visitors to Las Vegas for the weekend felt the most pain with fares up 15%.
- The industry has seen fares rise on capacity discipline.
- Related stocks: AAMRQ.PK, LCC, JBLU, LUV, DAL, UAL