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Higher costs for airlines are squeezing small carriers, driving up prices

Published: 9 July 2024

High prices for flights and package tours are forcing some would-be travelers to reconsider their vacation plans. Air carriers鈥 fuel costs are high, and employee salaries have had to increase to keep pace with inflation. 鈥淚t鈥檚 difficult for smaller air carriers to compete in this environment, and that allows larger carriers to raise prices,鈥 says Associate Professor Karl Moore in an interview with Radio Canada International. 鈥淭he costs the airlines are paying are being passed along to travelers in the price of the ticket.鈥

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