29-Jul-2010 4:57 PM
US air fares still a bargain, despite increases. The 'lost decade' for US airlines
Analysis
The US airline industry immediately responded to the Department of Transportation report that air fares are rising, saying they should be kept in perspective. It was a clear attempt to derail any more criticism being heaped on the industry at a time when mergers and fees have become the focus of much Washington ire.
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