FareCompare.com » RickSeaney.com » Day 2: Monitoring Delta’s “20% Airfare Hike” Prediction (STAY TUNED)

April 23, 2008

Day 2: Monitoring Delta’s “20% Airfare Hike” Prediction (STAY TUNED)

Filed under: Airlines, Airfare Increases, Delta — Rick Seaney @ 1:16 pm

Yesterday, April 22, I reported that Delta CEO Richard Anderson said, “An airline ticket has got to reflect the full cost of fuel.” Then he got down to specifics:

Domestic airlines need to raise fares by 15% to 20% (and that’s just to break even).

I’ve decided to monitor this situation closely, to see if Delta and other airlines perhaps really do raise the price of their airline tickets by 20%; I want to see if (and when) this prediction comes true.

So stay tuned.

1 Comment »

  1. I can assure you they came through on their promise and then some. A fare I was watching from PIT-SNA in August went from $265 RT to $423 overnight. Unless my math skills are failing me, that’s more like a 60 percent increase. Incredible.

    Comment by Jeff — April 24, 2008 @ 9:33 am

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