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Sliding Domestic Fares and Higher Costs Threaten Airlines' Revenue Growth
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Airlines are facing challenges with sliding domestic fares and higher costs, threatening their record revenue growth. Southwest Airlines, Alaska Airlines, and American Airlines have all forecasted slower revenue growth or weakness for the third quarter. The shift in travel patterns is happening as schools reopen and corporate travel demand remains low.
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How are airlines adapting to the shift in travel patterns?
How might the increase in international fares affect consumer travel spending?
What impact could declining domestic fares have on the airline industry?
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