US airlines thrown a curveball as consumer habits change post-pandemic
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Reuters
Reuters
By Rajesh Kumar Singh CHICAGO (Reuters) – Shifting travel patterns by consumers in a post-pandemic World are forcing airlines to guess at what is the “new normal” as they seek to adjust by cutting flights, revamping networks and packing even more passengers into planes. Even as the thirst for travel remains strong, the changing trends are driving up airlines’ operating costs and hurting revenue. They are also fueling worries about the strength of travel spending amid growing economic uncertainty, leading to a 6% drop in airline shares from their highs in January. “Today’s flexible work conditi…