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Report: Airlines towards profits, more flights

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The airline industry has a good chance to be profitable over the next 20 years as demand for air travel grows worldwide. And good news for passengers: airfares will rise relatively slowly over that time, Chicago Tribune reports, after having read a new report from Federal Aviation Administration report released Thursday.

The editor of the Traveling Reporter works as a business news editor, and is a frequent traveler. When not doing any of that, he spends time on his boat and tries to figure out where to travel next. Two of his top destinations are the Philippines and San Francisco. Email Erik! Follow the Traveling Reporter at Stumbleupon, Tumblr, Chime In, Pinterest, Google+, Weibo, Storify, Facebook, Traveldudes, Myspace.