Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Delta Low-Cost To Be Announced Today  
User currently offlineNBC News1 From UK - England, joined exactly 15 years ago today! , 324 posts, RR: 0
Posted (13 years 6 months 2 weeks 1 day 17 hours ago) and read 3504 times:

Delta to discuss low-cost carrier details on Wed.

NEW YORK, Nov 19 (Reuters) - Delta Air Lines said it would discuss details on Wednesday of its new low-cost air carrier created to compete with successful discount airlines Southwest Airlines, JetBlue Airways and AirTran Airways.

Delta said in a statement on Tuesday that its president, Frederick Reid, would broadcast a product announcement over the Internet starting at 10 a.m.

John Selvaggio, a former Delta senior vice president picked in August to lead the low-cost strategy, will also address investors and the media.

Analysts and investors have awaited word on Delta's low-fare "airline within an airline" since its development was revealed this summer.

Delta's business in its biggest markets has been poached by low-cost carriers, and Delta Chief Executive Leo Mullin has said discount airlines are now the biggest competitive force facing the industry's stalwarts.

The Atlanta-based airline, the third largest in the United States, has lost a steady stream of customers to AirTran at its Atlanta hub and to JetBlue , whose business slightly overlaps Delta's.

Highly emulated Southwest is not only the low-cost market leader but the financially strongest airline.

Higher fixed costs at Delta as well as at other major airlines have kept the carriers from being more competitive as air fares stay persistently low.

Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
YEG-FRA To Be Announced. posted Tue Oct 24 2006 20:03:40 by Wolsingerjet
Aer Lingus To Be Privatised Today posted Wed Sep 27 2006 08:37:24 by Toulouse
New Destination To Be Announced From Peoria On Wed posted Sat Sep 9 2006 19:16:54 by FlyPeoria
More To Be Announced For Airbus? posted Fri Jul 21 2006 12:04:33 by Manni
SAS Braathens Boss Petter Jansen To Be Fired Today posted Sun Jun 11 2006 16:25:30 by OyKIE
Flyglobespan Not Low-cost To Me posted Wed Apr 5 2006 13:19:53 by Ba757gla
TAP First A332 To Be Delivered Today? posted Fri Mar 10 2006 08:12:00 by RicardoFG
Big LH Long Range Order To Be Announced In March posted Tue Feb 28 2006 00:44:04 by Bolu340
Low COst To Ukraine posted Mon Jan 16 2006 10:12:46 by GayrugbyMAN
Will We See Low Cost To Canaries? posted Fri Oct 28 2005 01:53:25 by ACEregular