U.S. airlines will face an uphill battle to survive during the next 12 to 18 months in the face of rising fuel and other costs, Moody's Investors Service said in a report released last week assigning a negative outlook to the industry after three years of stability.

Cuts in airline service to smaller, regional airports may adversely impact airport revenues and bonds, said Moody's vice president and senior analyst George Godlin.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.