Delta earnings up 51 percent but fewer flights, higher fares ahead
The airline says higher fares are the only way to keep up with rising fuel costs. Delta spent $1 billion more on fuel in this year's third quarter than last year's.
The airline says higher fares are the only way to keep up with rising fuel costs. Delta spent $1 billion more on fuel in this year's third quarter than last year's.
The 25-year-old died at the scene Sunday afternoon.
The 38-year-old is facing federal charges.
The Minnesota Department of Transportation said bridge maintenance work is in progress.
Michael Miller's blood-alcohol content was nearly three times the legal limit at the time of the crash.
The sprawling estate is minutes from downtown Stillwater.
The victim is in critical condition.
Minnesota finished one place above Wisconsin.
A chaotic scene unfolded after the man approached the bell stand late Friday.
Bloomberg reports the airline's fourth-quarter profits have more than doubled after the company boosted fares to offset higher oil costs. "The industry has proven that they can be profitable at $100-a-barrel oil," said one analyst.
Delta Airlines' primary headquarters and hub in Atlanta is flourishing. Not so at other hub cities. Since Delta absorbed Northwest Airlines, the Twin Cities area has lost 3,000 jobs associated with the carrier. In Memphis the number of flights has been nearly halved, pushing up air fares to the second highest in the nation. Behind Cincinnati. Which is also a Delta hub.
The airline announced its expecting big profits this year despite spending $3 billion more on fuel.
Minneapolis-St. Paul International Airport numbers in May showed fewer people flying, the Star Tribune reports, and the newspaper suggests that firms and tourists remain cautious amid higher fuel costs and fares.
The airline was able to make up for loses in its day-to-day operations from hedging its fuel costs. Delta’s net income was $124 million. Revenue rose 9 percent to $8.41 billion.
There's no airfare relief in sight for passengers flying out of Minneapolis-St. Paul International Airport, the Star Tribune reports. Tickets for flights out of the Delta-dominated hub are likely to rise 5.4 percent to 7.9 percent next year, according to the 2013 travel-price forecast released Monday by Carlson Wagonlit Travel.
Mendota Heights-based Sun Country Airlines launched their 'Everyone Must Go Sale' with one-way fares as low as $79. The deal is only available until Tuesday. Travel must be done between now and Dec. 15.
Pinnacle provides the only commercial air service available in several Minnesota cities. The company, which absorbed Mesaba Airlines two years ago, also employs 1,200 Minnesotans.
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