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One of the more vexing problems for airlines has been the $800 business traveler sitting in coach next to the $75 leisure traveler – same seats, same service and vastly different fares.
Airlines are slashing prices on some flights, hoping to lure some travelers this holiday season and into the New Year. But like all things with airlines, the situation is changing rapidly.
The financial hit at the gas pump is a lot less painful since oil prices dropped dramatically - but don't expect airfares to follow the same heading.
As jet fuel prices sent airlines on a stomach-churning ride, spurring new fees and higher prices, Southwest Airlines customers have had a smoother trip.
More than five million British passengers could be priced out of the budget holiday market as airlines raise their fares, bringing the era of cheap travel to an end.
NEW DELHI - Indian travel agents have begun reworking their revenue streams after a funds crunch forced three leading airlines to scrap their commission.
Faced with a looming financial disaster, the U.S. airline industry is boning up on an Economics 101 principle for its salvation: supply and demand.
DETROIT - United Airlines said Wednesday that it would discontinue its low-fare airline, called Ted, retire aircraft and cut as many as 1,100 additional jobs in an effort to lessen the impact of high jet fuel prices. The announcement had been expected for several weeks, ever since the airline surprised Wall Street with a $537 million loss for the first quarter.
NEW DELHI: Domestic air travel is all set to become dearer. With the crude oil prices touching $120 a barrel and Aviation Turbine Fuel (ATF) prices shooting up, airlines have announced that the fuel surcharge per ticket will increase by Rs.150 for short-haul flights and by Rs.350 for long-haul flights. Fare hike by 10 p.c.
LOW-COST airline easyJet broke advertising rules by raising fares after promising a 25 per cent discount on all its routes, a watchdog said today. Some passengers taking advantage of the Easter deal would have paid more for a seat than before it was introduced, the Advertising Standards Authority ruled.
The Canadian Transportation Agency will rule whether people with severe disabilities who require additional seating for medical attendants should pay more than a single fare for domestic air travel. The "one-person-one-fare" ruling will be handed down today at 4 p.m.