Delta Air Lines, Inc (NYSE:DAL) moves above the ticket-price delta
Delta Air Lines, Inc. (NYSE:DAL) announced an airfare hike of $20 /round trip on tickets that are bought within a week from the date of departure. A total of nine airfare raise attempts had been made earlier. Of these, only 2 materialized and DAL had led both of them.
There is generally a rollback of airfare hike proposals for airlines such as Southwest or other low-cost air carriers, who have failed to match the increase in their respective airfare proposals.
Taking the hike route
This latest airfare raise is targeted at business travelers. It is this segment that generally actions last minute bookings. However, in 2013, DAL has been hesitant to raise airfares when compared to the previous years. The company had made 15 different attempts last year and only seven of those actually went through. In 2011, 22 attempts were made.
Of these only 9 were successful. At the start of the week, US Airways as well as United denied that they have matched the airfare hike and there has been no comment yet from JetBlue Airways or Southwest Airlines.
The popular destination
Very soon, DAL will be launching a direct-flight from Cincinnati or Northern Kentucky International Airport to Punta Cana the highly popular beach destination in the Dominican Republic. The inaugural flight of this new route will take-off just before Christmas and the first flight is slated to fly on 21 December. This vacation destination is world famous for its high-profile beach resorts and beaches.
Delta Air Lines, Inc (NYSE:DAL) provides scheduled air-transportation for cargo and passengers right across the U.S and around the world as well. Its expansive route network gives it a strong presence in every international and domestic market. The airline’s network operates on the hub-system. DAL’s network is supported by an impressive fleet of aircraft that ranges in capabilities and size.