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Economist John Heimlich


Strong U.S. Airline First-Half 2024 Macro Demand Belied Pricing Weakness

Strong U.S. Airline First-Half 2024 Macro Demand Belied Pricing Weakness

But persistently low fares have caused U.S. carriers to rapidly remove capacity from the domestic market, a process that started late in the summer and is expected to continue through at least early next year, according to U.S. airline executives speaking on recent earnings calls.


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