From MSN Money:
Jan Brueckner, an economics professor at the University of California, Irvine, is not as critical of airlines. "Airlines have been historically big money losers, so having airlines make a profit is a good thing," Brueckner said. "It means the industry is healthy."

For the full story, please visit http://www.msn.com/en-us/money/personalfinance/holiday-airfares-are-rising-amid-record-airline-profits/ar-BBaF5md.