Will Fare Hikes Stick? | 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-05.06.24

Airborne-NextGen-04.30.24

Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

Fri, Mar 25, 2005

Will Fare Hikes Stick?

UAL CEO Tilton Says Yes (Then No, Then Yes)

Since the cost of fuel began soaring higher and faster than SpaceShipOne, more than a year ago, America's legacy carriers have tried more than a half-dozen times to boost fares -- with no luck. Each time, they've been beaten back by low cost carriers. As ANN reported elsewhere today, some of those carriers, like Southwest Airlines, have hedged their costs through at least the end of the year. But try, try again, right? This time, at least one legacy carrier CEO says the latest fare hike will stick.

"It appears that after some tentativeness in the marketplace, the latest fare increase may well stick. The pricing can, and certainly must, improve," said United CEO Glen Tilton in a phone message to his employees. He was quoted by Reuters.

It's a timid little fare hike -- $5.00 per leg on a round trip. Even so, some carriers -- United and Continental among them -- first instituted the hike, then pulled back. They've since waffled again and reinstated the hike. But they're still concerned about how even a $5.00 hike might affect passenger traffic.

FMI: www.united.com

Advertisement

More News

ANN's Daily Aero-Term (05.05.24): Omnidirectional Approach Lighting System

Omnidirectional Approach Lighting System ODALS consists of seven omnidirectional flashing lights located in the approach area of a nonprecision runway. Five lights are located on t>[...]

Aero-News: Quote of the Day (05.05.24)

"Polaris Dawn, the first of the program’s three human spaceflight missions, is targeted to launch to orbit no earlier than summer 2024. During the five-day mission, the crew >[...]

Airborne 05.06.24: Gone West-Dick Rutan, ICON BK Update, SpaceX EVA Suit

Also: 1800th E-Jet, Uncle Sam Sues For Landing Gear, Embraer Ag Plane, Textron Parts A friend of the family reported that Lt. Col. (Ret.) Richard Glenn Rutan flew west on Friday, M>[...]

Airborne 05.03.24: Advanced Powerplant Solutions, PRA Runway Woes, Drone Racing

Also: Virgin Galactic, B-29 Doc to Allentown, Erickson Fire-Fighters Bought, FAA Reauthorization After dealing with a big letdown after the unexpected decision by Skyreach to disco>[...]

Aero-News: Quote of the Day (05.06xx.24)

“Our aircrews are trained and capable of rapidly shifting from operational missions to humanitarian roles. We planned to demonstrate how we, and our BORSTAR partners, respond>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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