Articles tagged “airfares”

Mondee Buys Airfare Wholesaler in Play for Ethnic Travel Agencies

Mondee Buys Airfare Wholesaler in Play for Ethnic Travel Agencies

Sean O'Neill, Skift

Mondee's acquisition of fast-growing CTS (Cosmopolitan Travel Service) makes the group North America's largest airfare wholesaler by market size. Notably, Mondee could afford the deal thanks to fresh backing by TCW Group, a giant asset management firm. Lots of institutional money is seeking opportunities in travel this year.

1 week ago

Alaska Air Looks Beyond Discounting With New Creative Ways to Sell Fares

Alaska Air Looks Beyond Discounting With New Creative Ways to Sell Fares

Brian Sumers, Skift

At the typical airline, revenue managers take themselves very seriously. They don't like to do anything that could dilute their numbers. It's nice to see Alaska taking a fresh approach.

1 month ago

2020 Greets Biz Travel Managers With Cheap Airfares

2020 Greets Biz Travel Managers With Cheap Airfares

Andrew Sheivachman, Skift

Expensive flights will remain an issue for travel managers going forward. Deals can be had, however, especially in the regions most important to global commerce.

2 months ago

Why Airlines Keep Creating Even More Types of Fares

Why Airlines Keep Creating Even More Types of Fares

Sean O'Neill, Skift

Many airline executives insist that their so-called New Distribution Capability, or new method of sharing data for selling tickets, will hit a major target next year. But industry insiders say the target will be missed. To cope in the meantime, several airlines will expand the marketing for bundled fares under a confusing array of brand names.

4 months ago

Airfare Clearinghouse Promotes Routehappy Execs to Fit New Data Strategy

Airfare Clearinghouse Promotes Routehappy Execs to Fit New Data Strategy

Sean O'Neill, Skift

Fare-filing clearinghouse ATPCO has announced changes in its c-suite. So we checked in to see how it's progressing on its modernization effort. The challenges are daunting.

12 months ago

Complaints About High Airfares Led Indonesia to Lower Jet Fuel Prices

Complaints About High Airfares Led Indonesia to Lower Jet Fuel Prices

Eko Listiyorini, Bloomberg

Indonesia President Joko Widodo threatened the state energy company that he would let private companies enter the market if it didn't lower fuel prices to an acceptable level. That threat seemed to have helped.

1 year ago

This Is Why Airline Fare Increases Are Coming

This Is Why Airline Fare Increases Are Coming

Shobhana Chandra and Chibuike Oguh, Bloomberg

The airfare environment is not a one-size-fits-all thing for the gamut of airlines, but many are confident about the way fares are trending — up.

1 year ago

Chinese Airlines Hamstrung Despite Spiking Demand

Chinese Airlines Hamstrung Despite Spiking Demand

Bloomberg

Chinese airlines were given the green light to raise fares, but their lack of permission to hedge fuel has adversely impacted their performance. All of Trump's tariff talk hasn't helped, either.

1 year ago

Are the Good Times Ending for Cheap Flights?

Are the Good Times Ending for Cheap Flights?

Brian Sumers, Skift

Airline passengers never know how good they have it until it's too late. Airfares are going up, and passengers are going to remember 2016-17 as the glory years for fare bargains. Of course, at the time, they didn't think so.

2 years ago

Argentina Will Let Airlines Slash Domestic Fares

Argentina Will Let Airlines Slash Domestic Fares

Patrick Gillespie, Bloomberg

Flyers in the United States and Europe might be surprised to learn some countries still artificially prop up airfares. It seems anachronistic, but the Argentina market is still controlled by the government. The good news? Argentina will let the nation's airlines charge as little as they want soon for some fares. Let's hope more restrictions disappear.

2 years ago

American Airlines Agrees to $45 Million Settlement in Collusion Lawsuit

American Airlines Agrees to $45 Million Settlement in Collusion Lawsuit

Mary Schlangenstein and Andrew Harris, Bloomberg

Now that American Airlines and Southwest have agreed to pay up in the three-year-old lawsuit, what will Delta and United do?

2 years ago

Airlines Aren’t Passing on Higher Fuel Costs to Passengers Because of Competition

Airlines Aren’t Passing on Higher Fuel Costs to Passengers Because of Competition

Mary Schlangenstein, Bloomberg

Remember when airline CEOs argued mergers would benefit consumers because it would create more formidable competitors? It's looking like they were right — at least short term. Fuel prices are surging, and airline executives would love to raise fares. But it's hard for one airline to pass on added costs to travelers if the pack doesn't follow. For now, the pack isn't following.

2 years ago