U.S. airlines have a poor record of managing the ups-and-downs of the economic cycle, and an important test of whether they have changed for the better comes with quarterly results this week. Most of the eight carriers due to report are focused on a domestic market that has seen sporadic fare wars over the past year in areas such as California and south Florida as airlines squared off to lure budget-conscious passengers.

Source: Wall Street Journal April 24, 2018 10:52 UTC