DALLAS (AP) — As American Airlines flies into its first year after merging with US Airways, fares are up, fuel costs are down, and the company is beating Wall Street’s profit predictions.
In the past week, American, United, Delta and Southwest all reported fourth-quarter results that beat analysts’ forecasts for earnings and revenue. The major airlines imposed only two broad fare increases over the past year, according to fare watchers, but they have wrung more money from passengers with other tactics.
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