US shock: carriers make money

What’s happening in the USA? Price rises are finally sticking as travel in America surges this summer.

Airline Business Americas editor David Field discusses the situation with popular US radio station National Public Radio’s Business News anchor Renee Montagne.

UAL Corp, the parent of United Airlines, is expected to report its first profit in six years, while American, Continental and US Airways are also making money.

As Field commented: “People are lining up with cash money in their hands willing to give the airlines pretty much what the airlines want for a ticket. It’s the first time in years that price hikes have gone through.”

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