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How airlines are cutting fares to offset the weak economy and boost demand

2016-02-26 08:11:28| Airlines - Topix.net

Airlines in Canada and around the world are using discounted airfares to stimulate demand, trading fuller planes for lower yields as the economy weakens. Air Canada and WestJet Airlines Ltd. reported strong load factors in January, with both airlines filling 80.1 per cent of their available seat capacity last month.

Tags: demand economy cutting offset

 

Ryanair expects fares to fall 6%

2016-02-01 08:50:47| BBC News | Business | UK Edition

Ryanair forecasts a 6% fall in average fares this quarter, to be balanced by 26% growth in traffic.

Tags: fall expects fares ryanair

 
 

Air NZ: Domestic and international fares to drop

2016-01-26 06:14:31| Airlines - Topix.net

Lower fuel costs, an expanded fleet and increased competition from the likes of Jetstar would all pull down domestic and international prices, the airline's chief executive Christopher Luxon said. Although he said prices were likely to drop "substantially", Mr Luxon said he was unable to put a figure on how much airfares could fall.

Tags: to international air drop

 

American Airlines to walk fares tightrope

2016-01-18 18:17:23| Airlines - Topix.net

American Airlines plans to increase the number of fare classes it offers this year in a bid to prop up passenger unit revenue. The use of branded fares could help American compete with low-cost carriers such as Spirit Airlines, Frontier, and Virgin America, as well as Southwest Airlines in the hyper-competitive Dallas market, while still driving revenue growth through ancillary add-ons.

Tags: american walk airlines fares

 

Fares fall as airlines vie to fill seats on overseas flights, Flight Centre says

2016-01-15 04:35:17| Airlines - Topix.net

The lowest airfare between Sydney and Honolulu has fallen 40.3 per cent to $511 return over the last year. A review by Flight Centre of the lowest discount fares to popular destinations has revealed an average 14 per cent fall over the last 12 months amid capacity increases on many of the routes.

Tags: fall centre says vie

 

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