The US Bureau of Labor Statistics has reported that airline fares in the US rose in February. Fares jumped 1.9% from January, although they were 3% lower than they were a year ago during February. Analysts are considering this reading as positive for the sector since a slight increase was expected with oil prices higher.
US airlines fares rise in February
The US Bureau of Labor Statistics has reported that airline fares in the US rose in February. Fares jumped 1.9% from January, although they were 3% lower than they were a year ago during February. Analysts are considering this reading as positive for the sector since a slight increase was expected with oil prices higher.