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Airlines are posting big profits after raising fares, cutting costs

wsj 5 min read . Updated: 26 Feb 2023, 05:31 PM IST Mike Cherney, The Wall Street Journal
The MOCA said 2.05 lakh passengers travelled in domestic flights on November 1. (AFP)Premium
The MOCA said 2.05 lakh passengers travelled in domestic flights on November 1. (AFP)

Recovery takes hold as travelers take advantage of reopened borders

A year ago, many airlines were still burning through cash as some countries were slow to remove coronavirus-related travel restrictions. Now, with borders fully open, some of those carriers are posting big profits.

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