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Major Airlines Scaling Back Flights Due to Rising Fuel Prices

From CNN: Airlines are cutting more flights this year in response to high fuel prices.

Executives from United, American and Southwest Airlines said during an investors conference Wednesday they expect to eliminate cheaper, less profitable flights from their schedule in the final months of the year.

Airlines already trimmed flights from their summer schedules and raised baggage fees in response to higher fuel costs. United CFO Michael Leskinen said Wednesday that airlines aren’t seeing signs that demand is weakening, even with higher fares and fees.

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