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Old 04-26-2012 | 06:08 PM
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scambo1
The Brown Dot +1
 
Joined: Jun 2009
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From: 777B
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Originally Posted by CVG767A
Glen Hauenstein, as quoted by TheStreet.com:

"Thirdly, counter-intuitively, the trans-Atlantic produced Delta's highest unit revenue in the first quarter, despite Europe's weakening economies." Hauenstein said. Trans-Atlantic PRASM grew 22% following a 9% capacity cut.

"Business travel in the aggregate is increasing despite the fact that Europe's in a recession," Hauenstein said. "That's contrary to what we expect. The U.S. is seeing opportunities in Europe to work (so) business traffic goes up.

4 Things to Like About Delta - TheStreet

I hope the counter-intuitiveness continues because europe is sliding down the muck.

Now how many European destinations have been removed from the NYC ER bid package?