It’s been a hot summer for airlines, but passengers are feeling the burn.

Watch Peter’s investigative report on the CBS Evening News with Katie Couric, where he reveals how airlines are profiting from rising airfare and ancillary fees.

Airline profits have soared for eight of the nine major airlines, totaling nearly $2 billion. But at what cost to travelers?

Watch the report here:

Related links on PeterGreenberg.com:

• Dire Predictions as Airline Industry Losses Greater Than Projected
• International Airline Traffic’s Record-Breaking Fall: The Effect on Travelers
• 3rd Quarter Profits Paint Mixed Picture of Airlines
• Air Traffic Hit Hard By Global Economic Crisis