Jet Members’ Post

Introducing our Protected Hourly Rate (PHR) program - offering guaranteed availability at a preset price, but the option to take the lower market price (true cost) if and when it was available. A brilliant alternative to the traditional fixed hourly rate arrangement.

As this week marks: 1. Spring break for many 2. JetBlue's 2nd hike on checked bags in 2 months Along with: 1. The rising interest in airline related issues 2. Exacerbated by the issues surrounding Boeing I took a look at checked bag fees across a few of the majors, in addition to questioning and looking for dialogue on how issues within the airline industry impact the economy, as a whole... ✈️In a nutshell: Fees are increasing, dynamic pricing for baggage fees will become prevalent, and carry on luggage will be a luxury across airlines soon (IMO) ✈️ Boeing production limitations causing delays in new planes ✈️United Airlines is urging pilots to take unpaid time off ✈️United and other airlines pausing pilot hiring ✈️This clearly will have an impact on travel plans and airfares this summer. I wouldn't be surprised if we see further checked bag fee hikes, and other ancillary charges announced in an effort to offset some loses ✈️This not only impacts the airlines, but the shops and restaurants within airports, and the travel and tourism industry, as a whole This all begs the question, how does one company, Boeing, have such a strong hold and impact on the airline industry and travel as a whole? A government approved duopoly? #dynamicpricing #travel #tourism #fees #economy #sales American Airlines Delta Air Lines

Southwest Airlines increased its Q4 revenue per available seat mile (RASM) forecast to a 5.5% to 7% growth, driven by strong travel trends and efficiency measures. American Airlines raised its Q4 adjusted earnings per share estimate to $0.55 to $0.75, surpassing analysts' expectations. Meanwhile, JetBlue adjusted its revenue and capacity forecasts due to strong year-end travel demand.

WalletHub released its report on the Best Frequent Flyer Programs for 2024. Here are a few key stats to keep in mind: ● Best Frequent Flyer Program: Alaska Mileage Plan is the best frequent flyer program of 2024, beating last year’s winner United MileagePlus. ● Savings Available to Frequent Flyers: The average airline rewards program saves frequent flyers nearly 9% on airfare, and these programs are all free to join.  ● Increased Rewards in 2024: Seven of the 10 largest airlines are offering more rewards value in 2024 than in 2023. On average, the top 10 airlines are offering 18% more value than they did last year. ● Earn and Redeem with Partner Airlines: Six of the 10 largest U.S. airlines allow program members to earn and redeem miles with partner carriers. https://lnkd.in/etgjPr6 #travel #money #wallethub

Airlines seem to be flying higher in the last leg of the year. ✈️ Southwest Airlines just told us that it expects more revenue this quarter thanks to resilient demand, particularly for holiday travel, which should carry into the start of next year. 🛩️ American Airlines likewise just raised its revenue guidance for the fourth quarter, citing a better backdrop for airfare. 🛫 JetBlue offered a similar update yesterday when it called out higher-than-expected bookings in November and December following the U.S. election, which didn’t wind up hurting revenue as much as expected. December is a hotter travel month than anticipated after demand for near-term bookings improved over Thanksgiving week. Could airline stocks be a hot ticket again? Most are getting a lift from the good news. Stick with The Wall Street Journal, we'll keep this industry on our radar. https://lnkd.in/euA8UEkv

In our latest blog we share the challenges facing budget airlines, revealing a troubled landscape for carriers like Southwest Airlines, JetBlue, and others. Rising operational costs, fuel price increases, and the complexity of maintaining low-cost models are significant issues. Despite consumer loyalty, these airlines are struggling to achieve profitability. For an in-depth look at why budget airlines are facing rough skies and how they can navigate through, check out our full article. #travel #airlines https://lnkd.in/gHQsZyip

A record number of passengers are expected to pass through US airports this holiday travel week. You’d think this would be a great time to run an airline. You’d be wrong. Airlines face numerous problems, including higher costs, such as fuel, wages and interest rates. And problems at Boeing mean airlines have too few planes to expand routes to support a record numbers of flyers. Strong bookings can’t entirely offset that financial squeeze. The good news for passengers is they will be spared most of the problems hurting airlines’ bottom lines — at least in the near term. Airfares are driven far more by supply and demand, not their costs. But in the long run, the airlines’ difficulties could mean fewer airline routes, less passenger choice and ultimately a less pleasant flying experience. Industry analysts expect airlines to report a drop of about $2 billion in profit, or 33%, when they report financial results for the April to June period this year. That would follow losses of nearly $800 million across the industry in the first quarter. Labor costs and jet fuel prices, the airlines’ two largest costs, are both sharply higher this year. Airline pilot unions just landed double-digit pay hikes to make up for years of stagnant wages; flight attendant unions now want comparable raises. Jet fuel prices are climbing because of higher demand in the summer. According to the International Air Transport Association’s jet fuel monitor, prices are up 1.4% in just the last week, and about 4% in the last month. Adding to the airlines’ problems is the crisis at Boeing, as well as the less-well-publicized problems with some of the jet engines on planes from rival Airbus. Since an Alaska Airlines Boeing 737 Max jet lost a door plug on a January 5 flight, leaving a gaping hole in the side of the plane 10 minutes after takeoff, the Federal Aviation Administration has limited how many jets Boeing can make over concerns about quality and safety. As a result, airlines have dramatically reduced plans to expand their fleets and replace older planes with more fuel efficient models. In some cases, airlines have asked pilots to take time off without pay, and carriers such as Southwest and United have announced pilot hiring freezes. In addition to the problems at Boeing, hundreds of the Airbus A220 and A320 family of jets globally have also been grounded for at least a month or more to deal with engine problems. Just about all the planes with those engines have been out of sevice for at least a few days to undergo examinations. Airbus has also cut back the number of planes it expects to deliver to airlines this year because of supply chain problems.

Good day! Over the weekend, one of my relatives who had returned from a leisure trip from Europe by an IndiGo (InterGlobe Aviation Ltd) flight repented for having chosen the airline for his travel and said that he would avoid 6E to the extent possible as he and his family were harassed for a long time over excess baggage levy at BOMAP when they were connecting to a domesticl 6E flight. He travels occasionally on business as well as leisure trips overseas so he is well versed with the services offered by some of the other airlines. I did not ask him for the details as he was already frustrated with the airline but I could gather that excess baggage was not charged after a long discussion and a wait of 10-15 minutes during which the check-in staff consulted the seniors on a call. This made me think - 1. Is excess baggage levy policy not defined by the carrier? 2. Or is the staff unaware and has not been trained in the area? 3. Or the airine was trying to extract whatever it can from uninformed pax? My relative feels that it was reason 3 that was in play. If it was, it is a sad state of affairs for any airline. In my view, this is not a good scenario to have. I am a firm believer that an airline's quality of service should be assessed by how well they treat the economy class passengers - they may not be giving the highest yield, but their sheer size can determine whether an airline would be able to survive in the long run. As when the right choices emerge, the majority would switch sides and it would make things hard for the one who does not focus on serving custimers the right way. What is your view?

United Airlines' Q2 earnings soar, signaling a robust recovery and a positive outlook for the travel industry. With a strategic shift to premium cabins and a smart fleet management plan, United is navigating the post-pandemic skies with agility and foresight. 🛫 #Aviation #EarningsSeason #TravelIndustry #UnitedAirlines

The airline industry is seeing a boost in optimism as major carriers adjust their forecasts to reflect strong holiday travel demand. American Airlines and Southwest Airlines joined JetBlue in raising their year-end expectations, signaling a robust recovery in passenger traffic despite lingering economic uncertainties. JetBlue’s announcement of cutting unprofitable routes highlights a strategic pivot, focusing resources on more lucrative markets. Reducing routes like New York to Miami and London suggests the airline is refining its international and domestic footprint to maximize profitability. Additionally, American Airlines' exclusive 10-year credit card partnership with Citigroup underscores the importance of ancillary revenue streams in the airline industry. Co-branded credit cards, which brought in $5.6 billion for American Airlines over the past year, remain a financial linchpin, cushioning the industry's cyclical nature. As holiday travel approaches, these strategic moves may position airlines for a more sustainable path forward.