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

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 04.20.15

Airborne 04.14.15

Airborne 04.15.15

Airborne 04.16.15

Airborne 04.17.15

Airborne Hi-Def On YouTube

Airborne 04.20.15

Airborne 04.14.15

Airborne 04.15.15

Airborne 04.16.15

Airborne 04.17.15

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 04.17.15: DC Gyroplane Fallout, ICAS Airshow Update, Message To Space

Also: Blue Origin, Flying Cucumber?, BBJ Combi, NetJets Partners w/Ohio State, ExIm Helo Deal, Long-Range Navy UAS Obviously, the stunt pulled by Douglas Hughes of Ruskin, Florida >[...]

Yes! We'll Be There! ANN/Airborne Ready For Lakeland

ANN, Aero-TV, Airborne Unlimited Return to Lakeland E-I-C Note: There really does seem to be a whole new generation at Lakeland, these days... we're not only looking forward to cov>[...]

Aero-News: Quote Of The Day (04.20.15)

“It’s great to see the strong and growing endorsement for the versatile A330 Family. This reflects the market’s continuing appetite for the A330’s winning c>[...]

Congressional Leaders Push For Long-Range Navy UAS

Senator John McCain (R-AZ) One Of The Plan's Strongest Proponents Some Congressional leaders say the Pentagon is taking too cautious an approach in developing unmanned aircraft tec>[...]

Four To Be Inducted Into California Aviation Hall of Fame

Iris Cummings Critchell, Fitz Fulton, Bob Gilliland, And Burt Rutan To Be Honored The Santa Monica based Museum of Flying will host the induction into the California Aviation Hall >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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