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

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 02.23.15

Airborne 02.24.15

Airborne 02.25.15

Airborne 02.26.15

Airborne 02.27.15

Airborne Hi-Def On YouTube

Airborne 02.23.15

Airborne 02.24.15

Airborne 02.25.15

Airborne 02.26.15

Airborne 02.27.15

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

ANN Is Hiring! Videographers Needed For Airborne Unlimited Program Staff

Videographer/Reporters Needed For Airborne Unlimited Program Expansion Aero-News and Airborne are expanding--and innovating! And we're seeking additional on-air video journalist(s)>[...]

Airborne 02.26.15: NBAA v Santa Monica, F22 Airshow Sked, Google Lunar XPrize

Also: Pioneering Space, IMC Clubs, BizJet Forecast, R44 SAIB, Twin Otter Upgrade, Cecil Field's Naval Influx The saga of Santa Monica Airport in California continues as the NBAA ha>[...]

ANN's Daily Aero-Linx (02.27.15)

National Association of Rocketry The NAR is all about having fun and learning more with and about sport rockets.>[...]

ANN's Daily Aero-Term (02.27.15): Propeller/Rotor Modulation Error

Certain propeller RPM settings or helicopter rotor speeds can cause the VOR course deviation indicator (CDI) to fluctuate.>[...]

Aero-News: Quote Of The Day (02.27.15)

“With this new layer of liability protection, landowners are more likely to grant permission for the use of these airstrips." Source: Recreational Aviation Foundation (RAF) m>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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