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

Delta likely to reduce flights, hike fares because of rising fuel costs

Delta Air Lines Inc. is looking to offset the rising price of jet fuel by raising fares and cutting some flights. A benchmark gauge of pricing power will climb as much as 5.5 percent in the third quar... read more

American Air Sinks Most in Two Years on Surprise Fare Weakness

While summer travel demand is strong, American Chief Executive Officer Doug Parker has warned of the need for higher fares because of rising fuel costs. There is typically ... of not more than $2.23. ... read more

Big U.S. airlines again hike fares

In 2011, the nation's airlines paid nearly 30% more in fuel costs compared with the previous year. Two previous fare hike attempts this year — one initiated by Delta on Jan. 17 ... for the industry fo... read more

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US airlines hike fares, surcharges for costly fuel

Delta Air Lines ... per gallon rise in jet fuel costs the industry $170 million a year. “Passengers are not necessarily going to be willing to pay a higher fare just because oil prices are higher,” sa... 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

The Best Airline Stock to Own if Fuel Prices Stay High

Barring a reversal in the energy markets, other airlines are likely to follow suit in the coming months. However, one U.S. airline ... rising fuel prices by raising fares to offset cost increases. In ... read more

Turbulent Q2 Awaits Airlines: 4 Stocks to Sell Pre-Earnings

Since fuel expenses are significant for airlines, an increase in oil prices is unfavorable for the space. Apart from high fuel costs, expenses on the labor front are likely to limit ... low air fares ... read more

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

Airfare explainer: Why ticket prices continue to rise as oil prices drop

Oil Prices are down but airlines keep trying to hike fares ... but there will likely be other attempts. Since this took place against a backdrop of falling oil prices - and jet fuel accounts for about ... 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

Haunted by 2008, airlines rush to pass on fuel costs

Airfares are rising ... overall for Delta Air Lines, American Airlines, US Airways and United Continental Holdings were less than expected. And further airfare increases are expected because airlines ... read more

Drivers Of The U.S Airline Industry

Fare hikes, replacement of old fuel ... flights. Delta's deal with China Eastern Airlines is a prime example of such a scenario. Technology up-gradation - This will lead to improved ticketing systems, ... read more

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