US Airlines Expected To Profit Over Summer Season | 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

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 05.18.17

Airborne
05.22.17

Airborne
05.23.17

Airborne
05.17.17

Airborne
05.18.17

Airborne
05.19.17

Airborne-Unmanned 05.23.17

Airborne-YouTube

AMA 05.18.17

Airborne
05.22.17

Airborne
05.23.17

Airborne
05.17.17

Airborne
05.18.17

Airborne
05.19.17

Airborne-Unmanned 05.23.17

XPONENTIAL Innovation Preview -- www.allthingsunmanned.com

Wed, May 23, 2012

US Airlines Expected To Profit Over Summer Season

High Travel Demand And Falling Fuel Prices Cited

Airline stocks have been rebounding as investors expect that a combination of high travel demand will combine with softening fuel prices to boost industry profits. Airlines have been limiting the supply of seats and boosting prices for some time. Collectively, they imposed about a dozen broad fare increases last year and two so far in 2012 which has led to higher revenue per mile. For Delta and American the increase was 11 percent higher in April while US Airways increased 9 percent compared with a year earlier.

Reportedly, the higher prices aren't scaring away passengers, and flights remain more than 80 percent full. Ed Bastian, President of Delta Air Lines Inc. said last week that demand for summer travel was strong and "bookings appear to be in really good shape."

NJ.com reports that in addition to high load factors, airlines are benefiting from falling crude oil prices leading to cheaper jet fuel. The spot price for jet fuel fell 8 percent in the first half of May, according to government figures. Fuel is the airlines' biggest expense, eclipsing labor, so any pullback is a big help.

Airlines are continuing to keep a lid on passenger-carrying capacity. Last week, Southwest Airlines Co. announced that it would delay delivery of 30 Boeing jets by four years rather than expand its fleet.

FMI: www.drco.com/Default.asp  www.dot.gov

Advertisement

More News

Airborne-Unmanned 05.16.17: XPONENTIAL 2017, Airbus Aerial, Parrot Professional

Also: AUVSI BOD, PrecisionHawk's Free PrecisionMapper, Consortiq, XPONENTIAL 2017 Innovation Preview As opening sessions go, it was an eye-opener. Intel CEO Brian Krzanich took the>[...]

AMA Drone Report 05.18.17: Drone-Jumping!, AMA Sightings Report, King Schools

Also: DJI Smart TV App, Huerta: Unmanned Aircraft 'Good News Story', XPONENTIAL Innovation Preview Ya had to see it to believe it... An ingenious Latvian UAS operation has pulled o>[...]

Airborne 05.22.17: Court Nukes FAA Model Drone Regs, Lancair Moves, Virgin Orbit

Also: Dutch King, DA-42NG, US Civil Aircraft Shipments, ADS-B Out, Facial Recognition, Av Threats, Air Travel Growth The hobby drone industry just got a bit shook up... The U.S. Co>[...]

Airborne 05.19.17: Boeing T-X, WomenVenture 2017, BE-4 Rocket Test

Also: Orion Spacecraft, ANN Update, Sinful Sundays, ATC Privatization Oppo, Huerta@AUVSI, Fire Scout, 700th H130 Boeing will assemble its T-X Air Force training jet at its St. Loui>[...]

Airborne 05.22.17: Court Nukes FAA Model Drone Regs, Lancair Moves, Virgin Orbit

Also: Dutch King, DA-42NG, US Civil Aircraft Shipments, ADS-B Out, Facial Recognition, Av Threats, Air Travel Growth The hobby drone industry just got a bit shook up... The U.S. Co>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC