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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’ fuel costs are high, and employee salaries have had to increase to keep pace with inflation. β€œIt’s difficult for smaller air carriers to compete in this environment, and that allows larger carriers to raise prices,” says Associate Professor Karl Moore in an interview with Radio Canada International. β€œThe costs the airlines are paying are being passed along to travelers in the price of the ticket.”

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