Airlines reduce flights and fares increase by 9.5% in one year

Airlines reduce flights and fares increase by 9.5% in one year. In response to rising fuel prices and poor economic prospects, US airlines will further reduce flights significantly. Special...

Airlines reduce flights and fares rise 9.5% in a year. In response to rising fuel prices and poor economic prospects, U.S. airlines will further reduce flights significantly. Experts warn that consumers may no longer be able to buy cheap domestic air tickets, nor can they enjoy unfilled cabin space. Starting this year, Delta Air Lines will reduce domestic seats by 5% from October to December compared with the same period last year, and will further reduce seats by 2% to 3% during the same period next year. In addition, American Airlines will further reduce domestic seats by approximately 0.5% in the last three months of this year. United Airlines and Continental Airlines, which have been integrated, may reduce domestic flights by 2% to 3%. Although reducing flights provides consumers with fewer choices, it has brought positive effects to the operations of various airlines. Not only have fares increased, but bookings have also increased significantly, with load factors reaching 80 to 90%. According to the U.S. Bureau of Labor Statistics, domestic air ticket prices across the United States have been on an upward trend this year. In August, prices increased by 1.1%, the largest increase since March this year. The fares from September last year to August this year have increased by more than 9.5% compared with the fares from September last year to August last year.