Regional carriers winning in US, majors losing

Major airlines are losing money as regional airlines stay profitable

Despite adding millions to revenues in recent years in the form of fees and surcharges, major US airlines are struggling to compete against regional and low-cost carriers. This trend is outlined in a quarterly report released this week by the US Department of Transportation, which states that nine major airlines had raised fees for reservation changes, for example Delta taking $191 million during the first three months of 2011, 15% more than in the same period last year. Revenues raked in throughout the industry just by charging fees for changing flights came to $598 million, 8% up on Q1 2010.
Yet overall the major airlines are continuing to lose money while the regionals such as Southwest Airlines are gaining.


Check Also

Delta, airlines, United, American Airlines, pay, pilots, bonus, wage, profit share, usa, captains

Airline gives employees $1.1bn

Delta Airlines is being generous, and people working for its competitors are not too happy.

airBaltic, football, World Cup, fly, cities, Russia, 2018, riga, Latvia, via, transit, connection

Baltic, Nordic airlines win on punctuality

SAS sixth among major carriers, airBaltic on top again globally

Atlanta, Beijing, Heathrow, Dubai, passenger numbers, airport, ACI, world's biggest, Doha, Delhi, fastest growing, Korea, Seoul, LA

Power outage cripples world’s biggest airport

Atlanta's Hartsfield-Jackson restores power but 1,000 flights cancelled

American Airlines, flights, USA, air travel, Christmas, festive, New Year, pilots, shortage, scheduling, pay, union

Havana flights awarded to US airlines

Eight airlines given tentative rights to fly

DB, Dan, Cooper, FBI, wanted, 1971, skyjacking, case, closed

FBI finally closes skyjacking mystery

Strange case of DB Cooper closed 45 years later

Air France, KLM, gds, technology, travel agent, fee, airline, booking, sales

Air France deplores call for strike this week

Two cabin crew unions threaten holiday period strike