In Europe, low-cost carriers have a much larger presence in the market than they do in the United States, where they typically have more limited operations and smaller market shares than full-service ...

Airlines are flexing their pricing power as limited capacity and strong consumer demand have eased pressure to discount fares ...

Key point: Even if some people would like a European carrier, it is unclear if the political will exists to see it through. A German politician has floated the idea of... Key point: An EU carrier ...