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Recent American Airlines service cutbacks will have little impact on Texarkana Regional Airport’s flight schedules, but the move indicates airfare costs are on the rise.

American Airlines announced it will cut back numerous flights, beginning in September, in an attempt to cope with record high fuel prices. Officials at Texarkana Regional Airport said the move by American is an indication of the state of most airlines today, and indicates airfare increases are imminent.

“The airline industry is in a full-blown depression. Everyone else might be in a recession, but we’re...