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 -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.22.24

Airborne-Unlimited-04.16.24

Airborne-FlightTraining-04.17.24 Airborne-AffordableFlyers-04.18.24

Airborne-Unlimited-04.19.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

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

ANN's Daily Aero-Term (04.26.24): DETRESFA (Distress Phrase)

DETRESFA (Distress Phrase) The code word used to designate an emergency phase wherein there is reasonable certainty that an aircraft and its occupants are threatened by grave and i>[...]

ANN's Daily Aero-Linx (04.26.24)

Aero Linx: The International Association of Missionary Aviation (IAMA) The International Association of Missionary Aviation (IAMA) is comprised of Mission organizations, flight sch>[...]

Airborne 04.22.24: Rotor X Worsens, Airport Fees 4 FNB?, USMC Drone Pilot

Also: EP Systems' Battery, Boeing SAF, Repeat TBM 960 Order, Japan Coast Guard H225 Buy Despite nearly 100 complaints totaling millions of dollars of potential fraud, combined with>[...]

Airborne 04.24.24: INTEGRAL E, Elixir USA, M700 RVSM

Also: Viasat-uAvionix, UL94 Fuel Investigation, AF Materiel Command, NTSB Safety Alert Norges Luftsportforbund chose Aura Aero's little 2-seater in electric trim for their next gli>[...]

Airborne-NextGen 04.23.24: UAVOS UVH 170, magni650 Engine, World eVTOL Directory

Also: Moya Delivery Drone, USMC Drone Pilot, Inversion RAY Reentry Vehicle, RapidFlight UAVOS has recently achieved a significant milestone in public safety and emergency services >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC