From Hotels to Rental Cars, Travel Industry is Hammered By Airline Cuts
In a sign of hard times for the travel industry, Stewart International Airport north of New York City has put itself on sale.
As the fall travel season begins, U.S. airlines are sharply reducing domestic flights and routes nationwide to cut their losses from high jet fuel prices. In one of the most dramatic examples, Stewart by November will lose 63% of the passenger air service it had last November, current airline schedules show. So for the next six months, Stewart's owner, the Port Authority... Full Story
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