U.S. Domestic Flights Full; Expect a Close-Packed Fall

One is lucky enough to find a seat on a U.S. domestic flight these days, and come autumn, industry observers say not to expect much elbow room. Major U.S. airlines announced Tuesday they would limit available seats to reduce their costs while driving up ticket prices. Airline stocks went up following the announcement. “There are some days on some flights when there are simply no physical seats left,” says Jim Reichart, vice president of marketing and sales for Frontier, which sold 91 percent of its seats in July and August. Read More