By DAVID KOENIG DALLAS (AP) — Delta and United have become the most profitable U.S. airlines by targeting premium customers while also winning back a significant share of travelers on a tight budget. That is squeezing smaller low-fare carriers like Spirit Airlines, which filed for bankruptcy protection on Monday. Some travel-industry experts think Spirit’s troubles indicate that travelers on a budget will be left with fewer choices and higher prices. Other discount airlines are on much better financial footing than Spirit, but they too are lagging far behind the full-service airlines when it comes to recovering from the COVID-19 pandemic.
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The Associated Press, Denver Post: Business
Fri, 11/22/2024 - 4:08am
Topics: david koenig dallas ap allegiant air s ceo scott delta air lines spirit s las vegas tom fitzgerald td cowen post-covid seeking august jetblue airways ceo joanna geraghty florida coming southwest ceo robert jordan jordan federal reserve an american united states jamie baker jpmorgan london irish there ryanair eyeing delta ceo ed bastian i just delta delta united u.s airlines frontier spirit low-cost in american jetblue southwest jordan europe united s bastian premium passengers carriers travelers tickets planes big customers prices wealth seat pandemic flights plane carrier time years seats experts people added fares kirby travel middle hours executives spend money day profitable clear analyst plenty bankruptcy full-service year competition billion fly upscale households routes average fees economy first-class costs demand basic-economy legroom lot rapidly experience
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- US budget airlines are struggling. Will pursuing premium passengers solve their problems?
Some travel industry experts think Spirit’s troubles indicate less-wealthy passengers will have fewer choices and higher prices.
11/22/2024 - 12:58 pm | View Link - US budget airlines are struggling. Will pursuing premium passengers solve their problems?
Delta and United Airlines have become the ... households plenty of money to spend on premium travel. More crowded planes might also be pushing passengers to spend more to escape a middle seat ...
11/21/2024 - 2:07 pm | View Link - US budget airlines are struggling. Will pursuing premium passengers solve their problems?
DALLAS (AP) — Delta and United have become the most profitable U.S. airlines by ... of money to spend on premium travel. More crowded planes might also be pushing passengers to spend more ...
11/21/2024 - 10:59 am | View Link - More
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