Politicians in Washington may be looking for a way to back out of trouble spots like the Middle East, but U.S. airlines are increasingly looking for a way in. A viciously competitive domestic market is sending some major airlines abroad to find healthier profit margins on international routes--anywhere but in the U.S., where low-cost carriers and high fuel prices are killing their bottom lines.
Last month United Airlines became the first U.S. carrier to offer nonstop service between Washington and Kuwait City. The airline says it's focusing on oil and gas companies that move employees back and forth. United predicts that a...
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