U S carriers add transatlantic flights for travel-hungry consumers Mtpıx - Aırl HEAD TOPICS

U S carriers add transatlantic flights for travel-hungry consumers

10/22/2022 1:40:00 AM

U S carriers add transatlantic flights for travel-hungry consumers

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Reuters

U S carriers add transatlantic flights for travel-hungry consumers U.S. carriers including Delta Air Lines and United Airlines are betting big on American consumers' unquenched thirst for travel across the Atlantic by adding more flights to Europ e. "For Americans going to Europe, it's getting a bargain with currencies," Delta's Chief Executive Ed Bastian told Reuters. "Europe is probably our strongest region, even stronger than our domestic demand."The transatlantic is the world's most lucrative travel market. In 2019, before the COVID-19 pandemic, it accounted for between 11% and 17% of passenger revenues at the big three U.S. carriers - United, Delta and American Airlines United and Delta are best positioned to generate more revenue from the increased demand for international travel because of their stronger global footprints, said Guido Petrelli, CEO of Merlin Investor, which tracks the airline sector.SURGING U.S. DOLLAR Read more:
Reuters » American Airlines posts $483 million profit for summer travel season The 3 Best Air Fryer Cookbooks, According to Air Fryer Users Cleaner air on the way: Rain, wind, & mountain snow help boost air quality Friday Seattle had the worst air quality in the world, but cleaner air is on the way

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Two of 2022’s hottest MCs worked hard to prove themselves in the music industry — and now, they want to share the love and support Read more >> American Airlines posts $483 million profit for summer travel seasonThe Fort Worth-based carrier’s results repeated many of the same upbeat themes sounded in the last few days by competitors United Airlines and Delta Air Lines. They went from Best to bottom 5 WORST. Can't believe they made a profit. So after taking billions in bailouts again from taxpayers, what has AmericanAir given to the flying taxpayers in return? Fees are up, services lowered, but they rake in $483 million in profit for a quarter. Time to stop bailing out big corporations. The 3 Best Air Fryer Cookbooks, According to Air Fryer UsersWe asked three air-fryer power users and cooking experts which ones to get. Cleaner air on the way: Rain, wind, & mountain snow help boost air quality FridayRain, wind, and mountain snow on the way! These conditions will bring back clear air quality for all of Western WA. FOX13 Seattle had the worst air quality in the world, but cleaner air is on the waySeattle skies filled with smoke at the Puget Sound tops the list of worst air quality in the world Wednesday. Cleaner air is on the way starting Thursday! FOX13 It was so bad… ugh. Nigeria's flooding spreads to the Delta, upending lives and livelihoodsPeople wade through fast-flowing water, holding one another to avoid being swept away, balancing suitcases, clothing and food on their heads. Western Washington smoke: Unhealthy to hazardous air hangs over regionAir quality in Western Washington continues to be terrible on Thursday, nearly a week after an air quality alert was issued last week. (UAL.The main entrance to the Robert W.at Amazon Many people’s first instinct when they get an air fryer is to treat it like a deep fryer, but the two are fundamentally different.Email Rain coming in on Friday, clearing up the smoky skies The site IQAir ranked Seattle and Portland as the two worst cities in the world for air quality on Wednesday and Thursday – worse than areas in China and southeastern Asia that usually top the list. O) are betting big on American consumers' unquenched thirst for travel across the Atlantic by adding more flights to Europe. U. (Lynda M.S. “Ben's book doesn't force any fried foods into the air-fryer mold that don't naturally lend themselves to the air fryer,” Hezel says. airlines are responding to consumers emboldened by a more powerful U.S.S. By 8 a. dollar and more flexible work arrangements that allow them to work from wherever they want, extending the travel season into the fall, industry officials said. What pandemic? Fort Worth-based American Airlines said Thursday that it earned $483 million on record-breaking revenue that more than offset higher fuel costs in the third quarter. “As a recipe developer, Ben's someone I totally trust,” Nguyen says. "For Americans going to Europe, it's getting a bargain with currencies," Delta's Chief Executive Ed Bastian told Reuters. "Europe is probably our strongest region, even stronger than our domestic demand. The results from American, however, weren’t quite as grand as figures from its more prosperous rivals." Register now for FREE unlimited access to Reuters.) Ariana Monica Ruiz,.com Register The transatlantic is the world's most lucrative travel market. Clearly, many people are eager to travel after most were grounded during the early part of the pandemic., rain becomes widespread with snow falling over the mountains in the higher elevations. In 2019, before the COVID-19 pandemic, it accounted for between 11% and 17% of passenger revenues at the big three U.S.S. carriers - United, Delta and American Airlines (AAL.O) . “American’s third-quarter results, including our record revenue performance, are significant considering the macroeconomic uncertainty facing so many people,” CEO Robert Isom said on a call with analysts and reporters. United and Delta are best positioned to generate more revenue from the increased demand for international travel because of their stronger global footprints, said Guido Petrelli, CEO of Merlin Investor, which tracks the airline sector.  Highs on Friday dip well below average as this system moves across the region. Starting this month, Delta plans to operate more transatlantic flights than it did before the pandemic.” American predicted that fourth-quarter profit will be between 50 cents and 70 cents per share, which would beat Wall Street’s forecast of 19 cents per share. The Atlanta-based carrier usually curtails its transatlantic schedule in September after the Labor Day holiday, which marks the unofficial end of the U.S.S. summer season. But this year it is instead adding an undisclosed number of flights into its October and November schedule. Last Sunday, the Transportation Security Administration screened nearly 2. In fact, from June until now we've seen just near an inch of rain, which put us into the driest summer on record. Delta's move comes after United increased its transatlantic capacity by 22% in the September quarter from the same period in 2019, becoming the largest U.S. Travel is booming despite a 43% leap in airfares in the past year, according to government figures. airline in the transatlantic market. SURGING U. American, for example, did nearly 10% less flying in the third quarter than in the same period of 2019.S. DOLLAR For Ohio-based tech professional Jenna Charlton, the strong dollar made extending a business trip next month to Germany by up to three days a no-brainer. That is in line with Delta, which expects to restore its full schedule by next summer. She noted that her spending power is at least 30% higher than her last trip to Europe in 2017. "Last time, when we went, we were way, way down versus the pound," Charlton said. Isom said American could add more flights next year but will take a cautious approach. "This time, it will be significantly less expensive." The strong U. “We are going to make sure that we don’t outpace what we have, either in terms of aircraft deliveries if that’s the constraint, or if it’s pilots at a regional level or our ability to train pilots” at American, he said. S. dollar, which hit a 20-year high this year, is a boost. Revenue rose to $13. With an 18% gain against a basket of major currencies including the euro, Japanese yen and British pound, the greenback has boosted Americans' spending power and made overseas trips far more affordable. Travel website KAYAK said searches for international travel, including to Europe, from the United States are up nearly 40% from last year.36 billion predicted by analysts. For United, higher capacity led to a 40% jump in European passenger revenue in the third quarter, accounting for 21% of its overall passenger revenue. United said the transatlantic travel demand has remained "incredible" into the fall. Also Thursday, the parent of Alaska Airlines reported a $40 million third-quarter profit on record revenue of $2. It plans to increase that capacity by 30% versus pre-pandemic levels. JetBlue (JBLU. The Seattle-based airline said, however, that non-fuel costs in the fourth quarter will be higher than expected because of three new contracts with union labor groups including pilots.O) last month said its flights to London from the United States are fully booked. The New York-based carrier is adding more flights across the North Atlantic, growing from just one daily flight last summer to five by this fall. were down 3% and Alaska Air Group Inc. Foreign airlines are experiencing a run-up in costs of everything from fuel to aircraft due to a surge in dollar against their local currencies. In contrast, a stronger dollar reduces non-dollar-denominated costs for U. Read more airline stories.S. airlines. American carriers also have a lower exposure to exchange rate risks as the bulk of their revenue tends to be dollar-denominated. Bastian said international point of sale currently accounts for less than 10% of Delta's revenue. Airlines say hybrid work arrangements are also helping bookings. United CEO Scott Kirby said hybrid work has made every weekend "a holiday weekend." Stronger demand, however, has increased ticket prices. Average economy fares for a return flight from the United States to Europe are up 17% year-on-year this month, TripActions says. Analysts have been warning of a slowdown in travel spending, citing soaring airfare, high inflation and rising interest rates. But consumer demand, thus far, has been resilient. Ryanair's .