Issues

Nothing is more important to an airline’s fortunes than the price of oil. Nothing. So theoretically, nothing should make airlines happier than a fall in the price of oil. Right?

Every election year, political candidates pledge to bring change to Washington. Just like airlines are already doing.

U.S. airlines aren’t just earning big profits. They’re earning bigger profits, bigger with each successive year. Consider this: In the second quarter of 2011, the industry collectively managed a 6%…