Marketplace

Search

Monday, April 30, 2007

Listen to the show

Delta's back. . . and it's not cheap

Delta plane

The airline says it's learned from its mistakes. Delta's post-bankruptcy money-making plan is to stay out of the low-cost fray and go after customers who are willing to pay for a better experience, Nancy Marshall Genzer reports.

Delta plane (Paul J. Richards (c) Getty Images)

More on Travel

TEXT OF STORY

SCOTT JAGOW: Delta finally gets out of bankruptcy today. The airline has been hacking away at $19 billion in debt. Now, it's focused on trying to make money. Nancy Marshall Genzer has more.


NANCY MARSHALL GENZER: One really good way to make money in the airline business? Stretch your wings on lucrative international flights.

Airline Analyst Richard Aboulafia says Delta won't worry about competing with low-cost carriers on short flights. It's fighting for long-haul passengers who will pay for comfort.
RICHARD ABOULAFIA: You and I would think nothing of paying peanuts fares to fly Southwest for an hour or two, but if it's an eight-hour flight, we might rethink that.
Delta's Chief Operating Officer Jim Whitehurst says the airline learned from its mistakes and knows how to attract the high flyers.
JIM WHITEHURST: Our interiors got old and shabby. We've upgraded all of our interiors. We've created a new cleaning program where we deep clean our planes more than any other airline.
Delta started flying those squeaky clean planes on more than 60 new international routes last year.

It's racing to add more new flights as competition heats up on routes across the Atlantic and to China.

I'm Nancy Marshall Genzer for Marketplace.

Music From This Show

  • Sharp Briar American Analog Set
  • Folsom Prison Blues Johnny Cash
  • Boom Like That Mark Knopfler
  • Guitar Elude No. 3 Dan Fogelberg and Tim Weisberg

The Specials

GAME: Budget Hero

Budget Hero

Think you could balance the federal budget? Play the game.

Conversations from the Corner OfficeTM

Conversations From the Corner Office

Marketplace goes one-on-one with CEOs, company founders, head honchos...

Sit in

Working

Working

Intimate profiles of workers in the global economy.

Meet them

Marketplace on iTunes U

iTunes U

Marketplace is on Apple's online education platform, iTunesU. Get free downloads in subjects like History, Science, Business and more. Study up

American Public Media © |   Terms and Conditions   |   Privacy Policy