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-05.13.24

Airborne-NextGen-05.14.24

Airborne-Unlimited-05.15.24 Airborne-AffordableFlyers-05.16.24

Airborne-Unlimited-05.17.24

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 (05.16.24): Instrument Runway

Instrument Runway A runway equipped with electronic and visual navigation aids for which a precision or nonprecision approach procedure having straight-in landing minimums has been>[...]

ANN's Daily Aero-Linx (05.16.24)

Aero Linx: Alaska Airmen's Association The Alaska Airmen's Association includes over 2,000 members—we are one of the largest General Aviation communities in the country. We s>[...]

Airborne 05.15.24: Ghost Sq MidAir, B-2 Junked, Dream Chaser Readies

Also: Flt School Security, G600 Steep-Approach, Honduran Aid, PW545D Cert Two aircraft performing at the Fort Lauderdale Air Show clipped wings during a routine last Sunday, spooki>[...]

Airborne 05.10.24: Icon Auction, Drunk MedEvac Pilot, Bell ALFA

Also: SkyReach Parts Support, Piper Service Ctr, Airliner Near-Miss, Airshow London The Judge overseeing Icon's convoluted Chapter 11 process has approved $9 million in Chapter 11 >[...]

Airborne Affordable Flyers 05.16.24: PRA Runway, Wag-Aero Sold, Young Eagles

Also: Paramotor Champ's, Electric Ultralight, ICON BK Update, Burt Rutan at Oshkosh! The Popular Rotorcraft Association is reaching out for help in rebuilding their private runway >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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