123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Travel >> View Article

Rising Airfares And Mergers Forecasted

Profile Picture
By Author: Steve Robinson
Total Articles: 468
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Finding cheap airplane tickets and cheap vacation packages is expected to become more challenging in the face of soaring fuel expense, slack passenger demand, and the ongoing economic slowdown.

Reduced demand for airline tickets has resulted in excess capacity. Airline analysts expect more airline consolidation to come in order to remove excess capacity from the industry.

There has been a lot of talk recently about US Airways possibly merging with American Airlines. Three American Airlines unions agreed in April to support a potential merger with U.S. Airways Group.

Airfares have increased about 20 percent since their 2009 recession lows. Prices are expected to increase at least another five percent this year as airlines respond to rising fuel costs.

Further airline consolidation around the world is likely as the industry comes to the end of a time when air travel is dominated by national airlines subsidized by governments. Currently a number of airlines are unsustainable without major continuing government investments which are becoming increasingly unlikely.

Today the airline industry ...
... is forced to operate inefficiently because of the difficulties of operating in a global market. Many airlines today are only able to operate because they are substantially owned and effectively controlled by their countries they operate out of. In response, the industry has had to develope a series of global alliances that enable airlines to offer seamless travel to any part of the world through partner airlines.
www.cheapfares.com

Total Views: 162Word Count: 239See All articles From Author

Add Comment

Travel Articles

1. Why Nepal Should Be Your Next Adventure
Author: Jagat lama

2. Rajasthan Tour Packages: Everything You Need To Know Before Booking
Author: Travel Junky

3. Delta Advance Winter Vacation Flight Deals
Author: welovetravelusa

4. Scraping Travel App Data To Reveal Top 10 Hotel Booking Trends
Author: travel scrape

5. Delhi Agra In 100 Minutes A 1 Days Tour On Gatimaan Express
Author: Vinod Kumar

6. Provincial Nominee Program (pnp): Fast-track Your Path To Canada Pr
Author: Sanjay Yadav

7. Chasing The Midnight Sun: A Journey Where The Night Never Falls
Author: Little Liz

8. Unlock Diwali Travel Deals Early With Price Scraping | Travel Scrape
Author: travel scrape

9. United Airlines Name Change Rules: What You Must Know
Author: Emilia Cruz

10. Smooth And Reliable Heathrow To Southampton Taxi Service With Minicabride
Author: minicabride

11. Weekend Getaways With Kids Near Cape Town
Author: Charles Smith

12. Foreign Exchange Made Simple: Get The Best Forex Card And Online Currency Exchange In Noida
Author: Relimoney Currency Exchange

13. Web Scraping Agoda Hotel Data In Uae For Real-time Pricing
Author: travel scrape

14. Visita A La India: Los 10 Mejores Lugares Para Visitar En La India
Author: Jessica Johansson

15. Mountain Climbing In Tanzania – Discover The Beauty Of Mount Meru
Author: Almighty Kilimanjaro

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: