Axios
Airline industry faces a shakeup as jet fuel hits hard
The competitive landscape for U.S. airlines is confronting seismic turbulence as energy price spikes wreak havoc on the industry. Why it matters: Rising fuel and labor costs are squeezing airlines — and pushing higher fares and fees onto travelers already facing economic uncertainty. The big picture: Airlines are entering a shakeout — with consolidation talk rising, the financial divide widening
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