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: 101Word Count: 239See All articles From Author

Add Comment

Travel Articles

1. Manage Marriott Timeshare: Open Ownership And Get The Most Out Of It
Author: Marriotts Club Son Antem

2. 5 Reasons To Celebrate Christmas At Statue Of Unity Tent City-1
Author: SOU Tent City

3. A Day Trip To The Taj Mahal Tour From Delhi: An Unforgettable Journey
Author: India taj tours

4. Biggest Flight Deals On This Christmas
Author: welovetravel

5. Change Name On United Airlines Ticket - Know The Process
Author: ASkyra

6. Best Dubai Holiday Tour Package From India
Author: YATIKA

7. A Magical Desert Sunset And Overnight Camping In Oman’s Golden Sands
Author: Jamila Jacqueline

8. Abu Dhabi Sightseeing City Tours For An Unforgettable Visit
Author: Arman Chouhan

9. Varanasi To Nepal Tour Package
Author: Riya Srivastava

10. What Defines The Star Class Of A Hotel?
Author: keilykurukula

11. Seamless Vehicle Delivery In Florida: Fast, Safe, And Affordable Transport Solutions
Author: David William

12. Golden Triangle Tours In India
Author: YATIKA

13. The Golden Triangle Tour With Pushkar: A Journey Through India's Heritage
Author: vardhmanvacations

14. All Inclusive Christmas Last Minute Flight Deals
Author: welovetravel

15. Experience The Thrills Of Adventure Vacations
Author: peckersparadise

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