Stock markets are in freefall over the COVID-19 pandemic and Europe is in a panic over Trump’s travel ban. But this is only the beginning.
On Friday, Zacks Equity Research released their latest airline industry analysis, which included news from JetBlue Airways Corp., Delta, Southwest Airlines Co., and American Airlines Group Inc.
In airline news, Virgin Atlantic has named Craig Kreeger the company’s new CEO to assume the helm as of February 1st.
An article on Tnooz last Friday peaked our interest, Xotels boss Patrick Landman offering up key variables in what will become the biggest online trade war ever. When Google, all the big corporate OTAs, and key independent online travel entities lock horns for a final round, a few will not be left standing.
For years it led the way in air travel innovation, inventing the frequent flyer program, designing the world’s first computer reservation system and filling up its empty seats with the discount Super Saver Fare. But this week’s news that American Airlines have filed for a Chapter 11 bankruptcy reorganization has brought the US’s seemingly untouchable, de facto national carrier crashing back down to earth with a bang.
An article just the other day at Travel Agent Central hints at just how deep the well of ancillary travel revenue may be. According to a cited Amadeus/IdeaWorks report, ancillary revenues could triple from $32 billion to over $100 billion on the heels of electronic miscellaneous documents (EMDs). But, the real story beneath transactions may be the […]
An article by Hugo Martin in the Los Angeles Times yesterday reveals still more bad PR and just bad business for airlines. At a time when any industry can well afford negative news, over $1.5 billion in nickel – dime baggage charges and reservation fees makes America’s biggest air carriers seem anything but transparent.
The online airfare wars escalate as American files suit against Sabre in an attempt to force American’s “direct connect” initiative. With battle lines clearly drawn, can American Airlines win the real or PR war where going back to a closed system is concerned? Not likely, but the story is never the less interesting. Who will take American’s side is the burning question of the day?