AIR TRAVEL BOOMING ACROSS AMERICA AND EUROPE
$DBS GROUP HOLDINGS LTD(D05.SI)$
Online searches by Americans for flights to Europe trips are surging despite soaring air fares, a worsening economic outlook and risks of gridlock at some of the airports in Europe.
The travel boom is promising record profit margins at some U.S. carriers, which are ramping up transatlantic capacity to cash in on Americans' thirst for travel to Europe.
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The three big U.S. carriers have increased transatlantic capacity by 22% this year, according to aviation analytics company Cirium.
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