As the bleary-eyed Congress members head home after passing the debt ceiling legislation, airlines will continue enjoying the benefits of the partial FAA shutdown in which no domestic taxes on air tickets are being collected and the airlines have eagerly stepped in to mop up the difference in airfare through stealth fare hikes that offset any tax savings for travelers.
While estimates vary, airlines may wind up pocketing a windfall of at least $1.3 billion before Congress decides to reinstate the tax collection.
www.premieretravel.com
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