United Airlines has sparked a round of fare cuts for leisure travel among leading U.S. airlines this week
Media Release
Aug. 9, 2006

United Airlines has sparked a round of fare cuts for leisure travel among leading U.S. airlines this week after months of rising prices and a record percentage of seats filled across the industry.

United (Charts) cut fares on hundreds of leisure fares late Monday, and competitors such as American Airlines (Charts), Delta Air Lines (Charts), Continental (Charts) and Southwest Airlines (Charts) followed suit, according to a report from The Wall Street Journal and press releases from some of the carriers.

Airlines are following United's lead and cutting leisure fares.

The airlines left the fares unchanged for the unrestricted fares that don''t require advance purchase or stays, the more expensive tickets generally used by business travelers, according to the Journal.

Airfares have risen steadily this year as airlines reported filling a record percentage of seats and carriers grappled with higher fuel prices. The Air Transport Association, the industry trade group, reports that passengers paid 12.96 cents a mile through the first half of this year, up 11.3 percent from the same period last year. The June average was 13.36 cents a mile, up 12.4 percent from a year earlier.

June traffic at the nation's seven largest airlines was little changed from a year ago, as miles flown by paying passengers increased only 0.1 percent.

United Airlines has sparked a round of fare cuts for leisure travel among leading U.S. airlines this week
Media Release
United Airlines has sparked a round of fare cuts for leisure travel among leading U.S. airlines this week after months of rising prices and a record percentage of seats filled across the industry.
READ MORE>>

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