NewsWhats happening

Airlines give away seats as they try to stop the cash burn and make travelers feel comfortable flying again

Airlines are resorting to a new tactic in navigating the pandemic-inspired collapse in travel: They are giving seats away.

Alaska Air Group Inc. ALK +2.77% ran 48-hour sales in August and September, offering an entire three-seat row for the price of a single ticket. Europe’s biggest airline, budget carrier Ryanair Holdings RYAAY +3.09% PLC, offered 2-for-1 specials for flights through mid-December. Southeast Asia’s AirAsia brand earlier this year sold “unlimited passes,” allowing customers in some markets to travel as much as they wanted for a few months.

The deals can drum up demand and get travelers comfortable with flying again. They are also keeping at least some cash coming in the door, as airlines keep much of their fleets parked. Alaska Airlines usually runs 10 to 12 big promotions a year; it has recently been offering three a month.

Alaska Airlines was already keeping the middle seat open for social distancing. Its buy-one-get-one-free offer allows a pair of passengers traveling together to get their own row for the price of a single seat. On days when the Seattle Seahawks play at home, the airline, which is based in that city, offers discounts of as much as 40% depending on how many touchdowns quarterback Russell Wilson makes. Overall during the third quarter, Alaska Airlines said ticket prices were down 17%.

Excerpt from WSJ
Read the full article

Client Log In

Past Issues

Breaking News - From Avmark Newsletter

  • Boeing 737 MAX Cleared to Fly Again, but Covid-19 Has Sapped Demand

    Read More ...

  • This Is a Year to Forget, but Boeing’s 2021 Isn’t Looking Great Either

    Read More ...

  • Airbus Stems Cash Losses, Warns of Delayed Recovery

    Read More ...

Cron Job Starts