AA CEO Says The Worst Is Over For Airlines: Travel Pulse News and Notes for June 15, 2016
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Lufthansa Very Slow With Refund
Alaska Introduces New Seasonal Flight
United Pushing Transpacific Routes
United To Show New Polaris Class in Chicago
JUST THE LINKS
American Airlines CEO Doug Parker thinks the worst is over for the airline industry. He says that airlines will still have good years and bad years, but the bad years “will just be less good than the good years."
Air Canada Rouge has started service between Vancouver and Dublin three times per week. The airline will face no direct competition on the route. Two routes from Toronto, to Budapest and Glasgow, were launched shortly after the Dublin flight took off.
Virgin Atlantic CEO Craig Kreeger has said that he believes that Norwegian Air’s new services to the U.S. will lower fares. He said that he is aware that Norwegian has major growth plans and he admits that “we need to take them very seriously.”
Airline stocks have fallen significantly early in the week. The main reasons for the drop in share prices were the terror attack in Orlando and the bombing at Shanghai Pudong Airport. These incidents have travelers and investors on edge even though only one took place at an airport.
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