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Airlines Find a Way to Raise Rates
Airlines found an opportunity to raise fares this week after the government suspended a federal security fee, but investors are likely to take the news in stride.
To help aid the airline industry, Congress gave carriers a four-month reprieve from having to charge up to $10 in security fees per ticket. Major airlines opted to pocket the money they previously would have charged customers for fees, so ticket prices will largely remain the same for travelers. ...
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