Delta Likely To Reduce Flights Hike Fares Because Of Rising Fuel Costs - Latest News

Lower fuel prices boost airline profits, but fares to hold steady

The nation's airlines are reporting soaring 2015 profits largely because ... $4 per flight. In contrast, some of the fare hikes adopted in 2014 were as high as $10 per flight. The good news, according ... read more

Higher fares help Delta quell oil hit

Delta posted 2.5 percent growth in U.S. average fares in the quarter and promised to cut less profitable flights in its fall schedule to further boost metrics. “Delta is delivering a product that is b... read more

Discount airlines shy away from MSP

Courting discounters is an important mission as airlines consolidate, reduce flights and hike fares to offset rising fuel costs. Average roundtrip ... firm AirlineForecasts. "Delta has the ability to ... read more

Airline revenue is rising but so too are costs

and they will need it to cover rising costs for their own fuel, labor and other expenses. Not long ago, investors demanded that the airlines boost prices, even if it meant reducing flights to create a ... read more

Airlines raising domestic fares again

US Airways said Thursday that if the trend toward higher revenue continues, it will be able to cover foreseeable increases in fuel costs ... Delta Air Lines touched off the latest fare hike by adding ... read more

Airlines hike fares - again

And travelers should brace themselves for more hikes, because ... "If they raise fares too high, people stop buying and then they have to ratchet it back." Airlines need to charge more to cover rising ... read more

Delta Outperforms on Higher Fares

The second largest U.S. airline ... 2012 will likely mark the third consecutive year of profitability for the company. Delta continues to make efforts to reduce its operating expenses including fuel a... read more

Going For Profits Off The 'Crack Spread'

refinery from Phillips as a hedge against rising jet fuel costs. By Delta’s reckoning, the purchase could end up saving the company $300 million a year. To be sure, fuel is the single biggest expense ... read more

Alaska Air Group: Industry Leading Airline Performing Despite Tough Fuel Environment

Alaska Air Group is an industry leading airline ranked ... is expecting these hedges to reduce risk and save considerable amounts of money in a rising fuel price environment. In the second quarter, ex... read more

Airlines Find Fuel Prices Tough to Swallow

The industry is projected to lose $3 billion this year, according to the ATA, in large part because of increased fuel and security costs, including a proposed $435 million security tax hike ... The ai... read more