FOXNews.com - Business - Delta to Reduce Flight Schedule to Save Fuel

FOXNews.com - Business - Delta to Reduce Flight Schedule to Save Fuel

Delta has joined the growing list of airlines to reduce the number of flights. Delta will cancel flights with low bookings a few days in advance. It will usually be mid-week flights; weekend and international flights will not be affected.

Today, CAL, AMR and LCC traded up sharpely. Bookings are strong, costs ex fuel are down and ticket prices are moving up. Christmas and New Year flights are largely pre-booked.

CAL, in particular, has increased international flights. In response to my affinity for airline stocks, one fellow wants to know, "Airlines from what country!" He inadvertantly made a strong point for me. International airlines have reduced their costs structures in recent years but not like CAL. CAL is one of the low cost interntational carriers. The low cost provider wins!