This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Airlines Take New Approach to International Routes

CHARLOTTE, N.C. -- Despite the sputtering economy, airlines still see bright spots in international travel, ranging from emerging markets such as Dubai and Liberia, to old favorites including Paris.

This month, for instance, UAL's (UAUA) United Airlines began Washington-Dubai service, while Delta (DAL - Get Report) launched Atlanta-Mumbai and announced plans to fly to Monrovia, Liberia, its seventh African destination, in 2009. On Wednesday, Delta will unveil additional international destinations for next year.

Already, US Airways (LCC) and Delta have said that next summer, three medium-sized cities -- Charlotte, Pittsburgh and Raleigh-Durham -- will have seasonal service to Paris.

"We're pleased with the way [the Dubai route] started out and with what's developing in the Middle East," said Kevin Knight, United's senior vice president of planning, in an interview. "Everything is being impacted by the economy, but the Middle East has been strong. As I tell my employees, we talk about capacity reductions, but we're not solely focused on reducing capacity. There are opportunities. Dubai is one we identified, and we're taking advantage of others, as well."

United is also building its presence in Australia, adding a second nonstop from Los Angeles this summer, giving it nonstop flights to both Melbourne and Sydney. It will add a Dulles-Moscow flight in March, underscoring its confidence in the Dulles hub, which has flights to 21 international cities.

"Dulles flows north/south domestically, and it is a great [international] gateway," says Knight. "It's much more than government traffic. That whole Virginia area has grown exponentially, and we're the beneficiary."
1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
LCC $0.00 0.00%
DAL $41.43 -3.47%
JBLU $19.33 -3.01%
AAPL $94.19 -1.04%
FB $118.06 0.54%


Chart of I:DJI
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASDAQ 4,725.6390 -37.5850 -0.79%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs