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The average U.S. airfare for the upcoming Thanksgiving and Christmas holiday seasons is trending...

The average U.S. airfare for the upcoming Thanksgiving and Christmas holiday seasons is trending ~3% higher than last year, Priceline (PCLN) says. "The number of available seats for holiday travel is still down due to flight reductions and airline mergers," PCLN says, which "reduces the chances that holiday fares are going to drop."
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Comments (2)
  • into dark shadows
    , contributor
    Comments (341) | Send Message
     
    Look, this is a diversion!
    PCLN is going to do whatever it takes to keep the "eye's" away from the problem that is Europe!
    PCLN gets quite a significant % of their revenues from Europe!
    I'm not an expert on PCLN but if I might throw a number out there,
    say somewhere ~ 30%?
    I could be wrong...
    Maybe we will see a jump in booking through PCLN from people trying to get out of Europe before it IMPLODES!

     

    Stocks are way overvalued for a global market that looks at best,
    set to hit recession.
    If things get any more "Dicey" (Bengazi - Gate) or Turkey hitting back at Syria,
    this Bubble Blowin' Ben and his QE stun gun propped up house of cards will re -test the 2009 lows!
    Not tomorrow,
    but Romney better hit a home run tonight if we are going to remain stable going into earnings season!

     

    Can you say crisis?
    3 Oct 2012, 05:31 PM Reply Like
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    The only way airlines have found to stay in business - cut capacity to the bone, charge for everything, allowing for pricing power. American is trying to get the laws changed so they can be bought out by an intl airline, perhaps from Europe or Asia.
    3 Oct 2012, 05:43 PM Reply Like
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