Airlines
New Pilot Contracts to Drive Up Costs at U.S. Airlines
The revenge-like rebound in travel demand is not the only thing going up. Airline costs are also rising as major carriers race to hire pilots. Analysts anticipate headwinds against 2023 margins in the midst of fallen share prices and uncertain economic climate.
Aishwarya Nair and Kannaki Deka, Reuters, Reuters | 1 year ago