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Stock impact report

The trend of bare-bones ticket sales is spreading to transatlantic flights [Los Angeles Times (CA)]

United Airlines Holdings, Inc. (UAL) 
Last united airlines holdings, inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.united.com
The trend of bare-bones ticket sales is spreading to transatlantic flights Over the last few years, Delta, American and United Airlines have been forced by ultra low-cost carriers to offer bare-bones fares to compete for price-conscience travelers. Now that trend is spreading across Europe. German airline Lufthansa has become the latest European carrier to announce the addition of stripped-down fares for transatlantic flights that can last the better part of a day, following similar moves by British Airways, Virgin Atlantic and Finnair over the last few months. All four are trying to keep from losing customers to ultra low-cost carriers such as Norwegian Air and Wow Air, which offer fares that can be as much as half the price of their bigger rivals. Lufthansa said its "Economy Light" fares for flights to and from North America will go on sale this summer. The Light fares are also available from other subsidiaries of the Lufthansa Group, including Swiss International, Brussels and Aust Show less Read more
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