Just in time for airline earnings season, which kicks off this week with profit reporting from Delta on Tuesday, followed by the Texas trio of American (Wednesday), Continental (Thursday) and Southwest (later Thursday) comes an important revenue trend. The major carriers, having tried to push through a fare increase for much of the autumn, may finally have succeeded in getting the latest price hike to stick. Following American, most legacy carriers boosted their fares by $5 each way over the weekend, despite some late night faltering by United. That would be, estimates JP Morgan’s Jamie Baker, seven completed network-carrier fare increases out of an even dozen attempts in 2007. Southwest alone raised fares five times during the year, and Baker, who thinks discounters’ fare moves are crucial to industry revenue, sees a sixth increase likely before year-end. While this may sound routine, please note two new concepts here: American initiating a fare increase and Delta expected to post a profit.
All’s fair in fares, profits
About David Field
Cookies & Privacy
- Ed Faggen on How much is a slot at Washington National worth?
- fake oakley sunglasses outlet on Paris 2009: AirAsia rocks into Paris with huge A350 order
- buy christian louboutin jenny white on Case of the missing American tail
- to lose weight fast on Time travel in Ethiopia
- help to lose weight on When the school bus turns into an Airbus
A380 Aer Lingus AirAsia Airbus Air France-KLM Airline Business AirTran Airways Alitalia American Airlines BAA BALPA bmi Boeing British Airways consolidation Delta Air Lines Driss Benhima easyJet Emirates environment FAA Farnborough Air Show flightglobal Great Lakes IATA Iberia Jan Stenberg JetBlue JetBlue Airways London Heathrow low-cost carriers Lufthansa Michael O'Leary Northwest Airlines Qatar Airways Richard Branson Ryanair southwest airlines Tony Fernandes United Airlines US airways virgin america Virgin Atlantic Vueling Willie Walsh