Why Delta and United are pulling away from the airline pack

Delta and United are using this strategy to survive the overall slump in travel demand

U.S. airlines doubled down on high-end travel after the pandemic to drive up profits and reduce their vulnerability to economic swings. The strategy is paying off as the margins of carriers selling premium seats have held up despite a slump in overall travel demand. Strong demand from affluent travelers is helping airlines offset a pullback in spending by price-sensitive customers. Delta Air Lines last week reported a 5% year-on-year jump in its…

Why Delta and United are pulling away from the airline pack

U.S. airlines are struggling from weaker domestic spring and summer demand and lower fares.