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
Not to mention the lower the EZ goes the more affordable it becomes for Americans to actually travel there.
A Subway 5 dollar footlong my, foot. Try a 10 Euro footlong. After getting hammered with the exchange rate you're paying 15 bucks for a sandwich. Everything there's like that. Bout time some wind came out of that sail.