Originally Posted by
Mesabah
Looking at where oil is going over the next year or so, Delta $6-8 billion in profits next year.
Yep.
Holiday loads however were the worst I've seen in years and my sister and her family decided not to fly over Christmas. RT tickets are $1,200 each even a month out for the flights they need. Loads on the flights they were looking at are less than 40% right now.
If oil prices drop down we may see price wars begin because not many people will pay $1,200 RT for tickets in the U.S.