Articles tagged “fares”

Budget Airlines Lead Fare Wars in the U.S. That Are ‘Painful’ to Legacy Rivals

Budget Airlines Lead Fare Wars in the U.S. That Are ‘Painful’ to Legacy Rivals

Justin Bachman and Mary Schlangenstein, Bloomberg

So much for "price discipline." United may lose money before Spirit loses money but big airlines may be better-situated to deal with the hit. At any rate, the battle is great news for consumers.

3 months ago

Southwest Fares Rising on Stronger Business Travel Demand

Southwest Fares Rising on Stronger Business Travel Demand

Mary Schlangenstein, Bloomberg

In the latter half of 2016, there were signs that business travel was slowing but Southwest's first quarter of 2017 results show that fares are rising because the purchase of last-minute flights, typically those booked by business travelers, are picking up.

11 months ago

American and Southwest Airlines Boost One-Way Fares $5

American and Southwest Airlines Boost One-Way Fares $5

Associated Press

With a weakness forecast in the fare environment, American and Southwest are trying to do something about it as they each raised fares $5 each way. Will the fare hikes stick and will competitors follow? It all remains to be seen over the next few days.

1 year ago

American Airlines Revives Deep Discount Fares Because Their Absence Hurt

American Airlines Revives Deep Discount Fares Because Their Absence Hurt

Dennis Schaal, Skift

American Airlines is taking nothing for granted in wooing passengers with discounted fares and employees with profit-sharing. Both moves, it hopes, will generate revenue and profits.

2 years ago

Delta to Expand Basic Economy Fares That Generated $20 Million in Extra Revenue

Delta to Expand Basic Economy Fares That Generated $20 Million in Extra Revenue

Dennis Schaal, Skift

If you take Delta at its word, then fears that the introduction of Basic Economy fares to compete with the ultra-low-cost carriers on price would dilute the spend of usually higher-paying passengers haven't been borne out. Still, the situation is fluid as other legacy carriers are set to introduce these discounted fares, as well.

2 years ago

American Airlines Says Premium Seats Will Be the Next Frontier in Ancillary Fees

American Airlines Says Premium Seats Will Be the Next Frontier in Ancillary Fees

Dennis Schaal, Skift

Hyperbole or reality? American Airlines thinks its upcoming basic and premium economy will be huge, akin to its launching bag fees in 2008.

2 years ago

United CEO Oscar Munoz: ‘It’s a Competitive Industry. I’m a Competitive Guy’

United CEO Oscar Munoz: ‘It’s a Competitive Industry. I’m a Competitive Guy’

Dennis Schaal, Skift

Leadership isn't just about energy and enthusiasm, which recovering United CEO Oscar Munoz seems to have plenty of. But it can't be dismissed, either.

2 years ago

Why Spirit Air CEO Respects Delta’s Aggressive Basic Economy Strategy

Why Spirit Air CEO Respects Delta’s Aggressive Basic Economy Strategy

Dennis Schaal, Skift

Spirit's Baldanza has a lot of respect for Delta's management, and Baldanza and the Spirit model are widely respected within the airline industry. With legacy carriers getting much more aggressive about matching Spirit's fares, the ultra low-cost carrier is definitely feeling it but Baldanza insists that Spirit can take a punch.

2 years ago

Airline Fare Wars Ending Historic Stock Rally

Airline Fare Wars Ending Historic Stock Rally

Mary Schlangenstein and Michael Sasso, Bloomberg

Ah, the Golden Age of airline financials may have run its course despite low fuel prices. That was quick.

2 years ago

American Wants to Compete With Spirit on Fares and Wall Street Isn’t Happy

American Wants to Compete With Spirit on Fares and Wall Street Isn’t Happy

David Koenig , Associated Press

American would be turning a blind eye to half of its business if it didn't figure out a more effective way to compete with Spirit and other low-cost carriers.

2 years ago

U.S. Airlines Try New Fare-Hike Strategies Because Ticket Prices Maxed Out

U.S. Airlines Try New Fare-Hike Strategies Because Ticket Prices Maxed Out

Lauren Thomas, Bloomberg

FareCompare's Rick Seaney, the new poet of fare hikes, likens airlines' current strategies to "a bar brawl in slow-motion.” Airlines are resorting to targeted fare increases because fares are too high to hike across the board.

2 years ago

Delta Likely to Trim Seat Capacity to Protect Fare Levels

Delta Likely to Trim Seat Capacity to Protect Fare Levels

Michael Sasso, Bloomberg

Are Delta, United, American and Southwest colluding over seat capacity and keeping fares high? Whether it is colluding or signaling they sure are watching each others' backs on capacity policies.

3 years ago