After almost a year of high-level haggling, on two continents, the majority of the airlines flying the North Atlantic last week produced some good news for travelers. They finally agreed on lower fares that will go into effect April 1. Unless the majority's resolve somehow wilts, the new rates between New York and London will be:
First-Class $375 $475
Economy $210 $263
The airlines, which would like to attract more passengers in the offseason, attached one disappointing rider to the agreement: during the ten weeks of summer, when 65% of all...