Low-cost international flights are doomed: analyst

For the past few years, air travel from the U.S. to Europe was at unheard of levels of affordability. Airlines like Wow, Norwegian, Primera, Level, Iceland and others provided travelers with round-trip options that occasionally even dipped under $300. The competition also pushed down prices for legacy carriers, creating a race to the bottom that benefited travelers. But a new research note from Bernstein analysts says costs will rise for smaller airlines and will eventually necessitate higher… (finance.yahoo.com) 更多...