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

Summer's Flight Plan: Delays and Rising Fares

Passengers are likely to face higher fares, packed planes and a continuation of headache-causing flight delays this summer ... be as jammed as last summer because carriers are reducing flights to cope ... read more

Airline Industry: Focus On Delta- Part 2

As consumer demand for air travel fell, airlines were forced to reduce their airfare, amid rapidly rising fuel costs ... consumers and is not likely to substantially lessen competition" (msnbc). The m... read more

Delta's 2019 forecast helps send airline stocks lower

Forecasts of slower global economic growth are weighing on airlines because a slowdown would likely ... costs. At the same time, however, airlines find it easier to boost fares when oil and fuel price... 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

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

Can Airline Stocks Stage a Comeback in 2018?

High Fares, Low Capacity Are Boon for Airline Stocks Recently, several airline companies announced plans to increase domestic fares and reduce capacity growth in order to counter rising fuel prices .. ... 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

Airline CO2 trade to lift costs, fares, CO2 price

In the short term, the ETS should not have too much impact on airlines such as these because they offer more premium, or first-class, tickets ... Compared with rising jet fuel prices and aircraft leas... read more

American Airlines Cites the Competition in Forcing Basic Economy Changes

Fuel costs increased 41.1 percent to $465 million in the second quarter. To cope with rising fuel prices, the airline decided to defer ... provision of its Basic Economy fare. But Parker was more like... read more

Cathay Pacific, Singapore Airlines rising costs may force airlines to stop serving free wine to passengers on long haul flights

Asian operators are also particularly vulnerable to rising fuel costs as their profit ... full-service airlines may cut flights or reduce the frequency to tourist destinations such as Bali in Indonesi... 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

Delta acquires Northwest in $3.1B deal

NEW YORK (CNNMoney.com) -- Delta Air Lines ... talk that a round of airline mergers were needed to deal with rising fuel costs and a tougher outlook for earnings. While figures from the Air Transport ... read more