Airlines Starting Fare Price War? | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Most Recent Daily Airborne

Airborne On ANN

Airborne On YouTube/Hi-Def/Mac Friendly

Monday

Airborne 01.19.15

Airborne 01.19.15

Tuesday

Airborne 01.20.15

Airborne 01.20.15

Wednesday

Airborne 01.21.15

Airborne 01.21.15

Thursday

Airborne 01.22.15

Airborne 01.22.15

Friday

Airborne 01.23.15

Airborne 01.23.15

Thu, Aug 10, 2006

Airlines Starting Fare Price War?

After months of rising ticket prices, United Airlines has kicked off a fare war among US airlines cutting hundreds of leisure ticket prices and prompting other carriers to do much the same.

Unrestricted fares remain the same but advanced tickets are dropping in price. Mond you, this is happening after six turbulent months of record fare increases. In the first half of this year, the cost of air travel has risen more than eleven percent. Flights are more crowded as well. Even though the number of passengers remains about the same as this time last year, airlines are flying fewer planes and flights are much more full than they were even a year ago.

Seat occupancy now stands at a record 85.8 percent.

Is this fare war a sign of a weakening market? United says no, but some experts disagree. Ricky Seaney, CEO of the website FareCompare.com, tells CNN passengers are getting a little cranky about rising prices and fuller flights. Other experts point out that after losing 42-billion dollars since 9/11, the airlines are just now starting to see profitability again.

Now, with expectations of a slowing economy and a continued rise in fuel prices, the airlines are worried that they might once again slide below the bottom line.

FMI: www.farecompare.com

Advertisement

More News

Airborne 01.23.15: Google/SpaceX Bucks, Pet Aero-Rescue, Return of the P-3?

Also: Disruptive Innovation, V22 Ospreys, USAF Lets Bluebook Loose, Dawn and Ceres, FAASTeam Virtual Safety Stand Down As SpaceX’s Elon Musk pushes ahead on his development o>[...]

ANN FAQ: Getting The Word Out

Things To Know When You Send A News Release Aero-News gets hundreds of releases every week, ranging from industry giants like Boeing and Cessna to the smallest of flying clubs and >[...]

USAF Releases UFO Project Blueboook

Nearly 130,000 Pages Of Documents Posted On The Internet The storied USAF Project Blue Book has been published online ... including nearly 130,000 pages of declassified UFO records>[...]

Aero-News: Quote Of The Day (01.25.15)

"That's going to be the initial focus over the next year. Certainly in the next year-and-a-half or so, we will be far enough along in continuing (tactics development) to develop a >[...]

ANN's Daily Aero-Linx (01.25.15)

Aero Linx: A-4 Skyhawk Association An affiliation of individuals who have flown, maintained, (or who simply love) the "A-4 Skyhawk"; and who are dedicated to the perpetuation of th>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC