Managers Foresee Fewer Airlines and Higher Fares
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Three-quarters of corporate travel managers said they expect airline mergers to result in higher fares and more than half expect the quality of service to suffer.
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American Airlines might change the way it sets fares and restore more aircraft seats that were removed to increase leg room, as the world&#39;s largest carrier tries to stem losses.
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Sobering expectations â foreshadowed on Sunday when management announced lower prices â weighed on the companyâs already drooping stock.
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Air traffic controllers say they have to keep track of more airplanes with fewer people as the Federal Aviation Administration tries to control costs for operating air traffic control facilities.
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If you've flown this past spring and summer, you've probably noticed more packed flights. Hate to tell you this, but with two major holidays approaching -- Thanksgiving and Christmas -- expect more of the same.
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Southwest Airlines Co. , facing rising costs and tougher competition, plans to trim its expansion through next year because of a slowing U.S. economy and softening travel demand, its chief executive said on Wednesday.
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The Metropolitan Transportation Authority scaled back its dismal forecast for subway and bus riders yesterday, saying that while fare increases and service cuts were still necessary, they need not be as drastic as the agency had feared.
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Some big airlines are planning to reduce domestic capacity in 2008 with the hope of driving fares higher to offset rising fuel costs.
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The Metropolitan Transit Authority expects to reduce fare increases and rule out layoffs amid higher than expected state subsidies, officials told Newsday today.
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The low-cost carrier reverses course, and results fly in the face of expectations.
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The International Air Transport Association is forecasting &quot;significantly&quot; narrower losses for the global airline industry this year as reduced costs and rising demand for air travel help counter higher fuel prices.
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Air travelers in the United States face  crowded planes and rising fares this year, but those conditions  have not dampened ticket demand, the chief executive of  American Airlines said on Wednesday.
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Planes are expected to be full this summer and bumped passengers could end up waiting days for another flight.
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The airline attempts to offset revenue shortfalls with a new tax on tickets.
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American Airlines is reducing some flights and considering charging for onboard food amid increasing fuel prices and intensifying competition from low-cost carriers, the company&#39;s chairman and chief executive said Thursday.
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NEW YORK : Storms, skyrocketing fuel prices, cutthroat competition and labor costs have shaped turbulent times for US airlines, and the troubles are starting to trickle down to the low-cost carriers.
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Travelers flying US Airways during the coming holidays can breathe a little easier. The threat of labor-related disruptions has eased ... for the moment. Expanded hearings next month have decreased the likelihood