travelers

Thousands of British travelers were stranded Friday when the country's third-largest tour operator collapsed under pressure from high fuel prices and a sagging economy.

The grip U.S. airlines have on travelers' wallets is about to get tighter as carriers go ahead with plans to trim their domestic schedules due to the high cost of fuel.

Airlines are cutting jobs, mothballing planes and reducing flights as they battle record fuel costs that have pushed the industry to its worst crisis since 2001, and the result is likely to be higher fares and fewer choices for travelers.

Skybus Airlines' founder has indicated he wants to resurrect the failed airline, The Columbus (Ohio) Dispatch reported Wednesday.

Skybus abruptly shut down over the weekend, leaving thousands of travelers stranded and hundreds of workers jobless.