This Day On The Street
Continue to site
ADVERTISEMENT
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

American Airlines in Boston Fare Fight

American Airlines (AMR) says it will ratchet up the competition with low-fare carriers in Boston.

Between March 2 and May 31, American will offer triple miles on flights from Boston to Los Angeles, San Francisco and San Diego, the carrier said Friday. (Non-stop San Diego service begins April 7.) Additionally, American has put all Boston flights on sale through May 20, with round-trip West Coast fares starting at $234.

The promotion comes as low-fare carriers descend on Boston's Logan Airport.

Most recently, Virgin America last month began nonstop flights from Boston to San Francisco and Los Angeles. "Our Boston bookings are among our strongest, and we feel we're far and away offering the best value in that market right now," says spokeswoman Abby Lunardini.

JetBlue (JBLU - Get Report) and United (UAUA) also fly nonstop between Boston and California.

With a winter schedule heavy on Northeast to Florida travel, JetBlue is currently the airport's leading carrier. Its nonstop transcontinental markets include Long Beach, Calif., Oakland, San Diego and Seattle. It will add San Francisco on May 1 and Los Angeles on June 17.

Still another transcontinental competitor is Alaska (ALK), which flies nonstop from Boston to both Portland and Seattle.

Additionally, Southwest (LUV - Get Report) said last month that it will begin service to Logan this fall, although it did not identify the routes it will fly.

Logan has one of the country's most balanced airport service profiles, as five airlines each carry between 10% and 20% of its passengers, according to the Bureau of Transportation Statistics. Currently, under its winter schedule, JetBlue carries about 20% of the traffic.

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
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
JBLU $22.82 2.10%
LUV $36.06 2.76%
AAPL $123.38 0.50%
FB $95.29 1.19%
GOOG $628.00 0.12%

Markets

Chart of I:DJI
DOW 17,630.27 +189.68 1.09%
S&P 500 2,093.25 +25.61 1.24%
NASDAQ 5,089.2060 +49.43 0.98%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs