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 03.23.15

Airborne 03.24.15

Airborne 03.25.15

Airborne 03.26.15

Airborne 03.27.15

Airborne Hi-Def On YouTube

Airborne 03.23.15

Airborne 03.24.15

Airborne 03.25.15

Airborne 03.26.15

Airborne 03.27.15

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

Germanwings Pilot Apparently Locked Out Of Cockpit

CVR Indicates Pounding On Cockpit Door, Shouting For It To Be Opened Data retrieved from the Cockpit Voice Recorder (CVR) aboard the Germanwings Airbus A320 that went down in the F>[...]

Airborne 03.25.15: HR476 Opposed, AEA2015 LIVE Schedule, Airbus' 9000th A/C

Also: Nanchang CJ-6A, USAF T-X Program, UK AAIB Withholds Info, Aussie Aero-Politics, GPS Errors Found, ATC Reform House Bill HR 476 will eliminate G.I. training benefits for those>[...]

Airborne 03.26.15: Airbus Crash 'Pilot Induced', B-29 Rollout, CC Rockets Ready

Also: ALPA v UAVs, Aero-Community Update: XPrize, FAA Streamlines UAS COAs, Airport Infrastructure, ATC Reform, New SpaceX Rocket Data retrieved from the Cockpit Voice Recorder (CV>[...]

ANN's Daily Aero-Linx (03.27.15)

Fun Places To Fly It may still be cold and snowy where you are, but spring is here and the flying weather will soon start to get better everywhere.>[...]

ANN's Daily Aero-Term (03.27.15): Fly-By Waypoint

A waypoint designed to permit early turns, thus allowing the aircraft to roll out onto the center of the desired track to the next waypoint.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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