What are the practical benefits of getting dinged by six different airlines on your computer at the same time?
What American Airlines proposes to do for TWA, for the 20,000 employees worldwide, is to buy the assets and keep it operating.
We specifically flew a plane down for that purpose. We've been told that a couple of other airlines are doing it too.
Throw in cyclical and season demand, high capital or (aircraft) leasing expenses, and low variable costs with cutthroat competition, and it is no wonder that airlines lose more money than they make.
Too many airlines have been forced into bankruptcy, never to return. ...The terms of this recovery proposal will help protect United Airlines, our members and their families.
Too many airlines have been forced into bankruptcy, never to return,
They're very good cost cutters. It's obviously a pretty tough time for airlines given the way fuel prices have gone up, they've done a pretty good job managing it.
There is a false perception out there that the airlines are required to compensate passengers when their flights are canceled or delayed, when in fact, they are only required to provide compensation to passengers who were 'bumped' from an overbooked flight.
There is going to be a lot of shuffling as airlines ramp up their schedules.
The intriguing aspect of food charges on airlines is that they create the perfect laboratory for any economist who wishes to study the question of how to price a good that possesses, by universal consensus, absolutely no objective value.