To kick off his company's conference broadcast from New York on Tuesday, J.P Morgan airline analyst Jamie Baker mentioned "unrelentingly robust current demand trends and the success that the industry is currently having in putting higher fuel prices to customers in the form of revenue management and capacity cuts." Executives from major U.S. carriers speaking during the event backed that narrative. They talked up a flexible approach to capacity planning and suggested higher airfares in the near term.
"We are seeing an increase in demand that is really unparalleled; I have never seen it . . .