Quick Hits: United Ticket Prices Lift Off Minyanville Staff Apr 11, 2008 1:45 pm |
![]() |
![]() |
|
||||||||||||
|
Timing, as they say, is everything. United Airlines (UAL) didn't get the memo. While airlines like American (AA) and Delta (DAL) are canceling flights like safety inspections are going out of style, United's taking a different approach to disenfranchising travelers.
It's raising ticket prices. Again.
Last month's fare hike was such a resounding success, United's doing it again, jacking up the cost of flying anywhere from $4 to $30. The company says record high oil prices are squeezing margins and forcing the increases.
Not only are consumers paying record gas prices on the ground, they're being asked to spot United for fuel costs when they fly. This as basic expectations of air travel -- meals at meal time, safety and on-time departures -- continue to adjust downward. There's a lot of pressure on the Americn wallet and precious little to show for it.
|
|||||||
discuss this article and more on the mv exchange |
|
Get real-time options trading ideas from Steve Smith, veteran options trader and newsletter author, plus let him show you the way to cut risk and boost your returns through the strategic use of options. Click here for a free 14 day trial to OptionSmith by Steve Smith.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.
Copyright 2009 Minyanville Media, Inc. All Rights Reserved.
| add rss feed | free article alerts |
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
DC
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennesee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Local Guides


















