airline ticket prices

Airline Profits Forecast to Fall as Fares Keep Rising

The International Air Transport Association has cut its 2011 profit forecast for the industry in half, and fares are on the rise. The IATA downgraded its 2011 airline industry profit forecast to $4 billion -- 54% less than its March forecast and 78% less than the industry netted in 2010.

Airlines Attach Big Fees to Small Seat Upgrades

When Virgin American offered traveler writer Randy Diamond the chance to upgrade his ticket to "Main Cabin Select" for a mere $500 more than the coach fare, he assumed it must be for a first-class seat. But what the airline is actually offering for that upgrade may surprise you.