United aims at budget travelers with 'Basic Economy' fares

NEW YORK (AP) — United Airlines is making a pitch to passengers at both ends of the plane — budget fliers and luxury passengers — as it attempts to boost profits.

Airline stocks soared in 2013 and 2014 as consolidation reduced the number of competitors.

[...] the stocks have fared less well because of falling fares and, especially recently, concern that fuel and labor costs are both heading higher.