said it expects fourth-quarter mainline RASM to increase 3.
Frequent flier mileage will eventually be worthless because the airlines
will be more interested in selling that last seat than in giving it away," Julius Maldutis, managing director of equity research at CIBC World Markets, told a conference of airline
CEOs earlier this year.
that failed were forced out by their own ineptitude.
US carriers, battered by low-cost competition at home, have sought out growth on lucrative international routes, and China's economic expansion presents a strong opportunity for airlines
with service there.
How can we succeed against a carrier such as American Airlines
, which already holds 50% of the market?
The expectation was that the airlines
would compete primarily through ticket prices.
has hedged 50 percent of its first-quarter fuel needs at a price of USD$58.
For the places you've probably been jetting off to, you've got it right (although the 31 accidents involving scheduled major airlines
in 1987 was the highest number since 1974).