Tag Delta
Lower oil prices will benefit airlines, but will slow impetus for new aircraft
Oil prices are critical to airlines, the highest single element of cost. But when prices come down, the pressure often temporarily comes off, depending on whether the airlines are stuck with higher priced hedges. The impacts can be quite significant…
Consolidation Continues in Regionals
In the wake of the Continental-United merger, the Continental regional affiliate Express Jet has been acquired by SkyWest, which operates United Express and Delta Connection services. The value of the transaction was $133 million. Views: 77