Airlines Ticket Prices On The Rise
J.P. Morgan reports this morning that U.S. airlines are having more success at raising prices than in the last three years.
This will mean stronger revenues down the road and hopefully earnings. Meanwhile, the price of most airlines are at 2016 lows. This may represent a good opportunity.
Airlines have been hurt as the price of jet fuel has risen along with the price of crude oil. If this reverses and moves lower, then airlines may benefit depending on their hedging strategies. Read more at http://www.bloomberg.com