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US airlines reap higher airfare benefits as consumers happy to spend (NASDAQ:AAL)

United Airlines Boeing 747 jumbo jet airliner taking off from Sydney Airport.

Ryan Fletcher/iStock Editorial via Getty Images

U.S. airlines continue to enjoy their renewed mojo as robust demand for premium travel and reduced capacity boosts airfares, signaling consumers’ willingness to spend on experiences in favor of goods.

While consumers have chosen to switch to cheaper alternatives for

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