Delta Air Lines and American Express just renewed their credit-card partnership through 2019. By 2023, Delta expects to more than double its AmEx-generated revenue, to $7 billion annually. Delta is not alone — other major carriers are also racking up cash from credit-card deals. Are airlines now more in the credit-card business than in the business […]
Fuel prices are on the rise, and that’s a problem for budget airlines that need fuel prices to stay low so they can keep ticket prices competitive. Fuel can account for up to 25 percent of airline operating costs, so it’s a big expense, but one that’s easier for the larger airlines to absorb. Smaller […]
If you’re wondering why airfares are relatively low at the moment, the answer is that there are a lot of inexpensive seats being offered by what’s called “ultra-low cost carriers.” Those fares from airlines like Frontier and Spirit are keeping the market competitive for bigger airlines, and passengers are benefiting. But with rising oil (and, […]
Every time we pull into a gas station, we see the effect of rising global oil prices. Airlines are getting a bit of sticker shock, too, when they fill their planes with jet fuel. Crude oil is up close to 50 percent in the past year, which is likely to cut into profits and lead […]
