For Airlines Sometimes Down is Up

Here's another good article from Reuters that pulls together alot of the factors at work in the airline industry January through July of this year. First off, the number of flights flown domestically and internationally is down 5% compared to the same period last year. The reduction in domestic flights is actually greater than 5% since international flights actually increased. Despite the reduction in flights revenue is up 1.5% compared with the same period last year. Yes folks, capacity control works.