Budget Airlines Are Bouncing Back -- But For How Long?
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With inflation soaring higher and higher, budget airlines are counting on low-altitude fares to attract cash-strapped travelers.
On Thursday, both US-based Delta and Europe's EasyJet maintained their cheaper prices will help keep them aloft despite the current economic hellscape. The two budget airlines believe that penny-pinching consumers will choose them rather than simply scrapping their holiday travel plans. It's unclear, however, that profits and share prices will fly in sync with demand.
Source Fool.com