Airlines' new normal: Higher fares, fewer flights
That wince you just made while researching travel options? Get used to it. Why it matters: Soaring jet fuel prices are accelerating changes across the airline industry, seen in higher fares, premium-heavy cabins and fewer flight options for travelers. Airfares rose 22% year over year in September, marking a 10th straight monthly increase in the government's airfare price index , which hit an all-time high. State of play: All the major airlines are feeling the pain: American Airlines reported to…


