🔥 Premium AI-powered Stock Picks from InvestingPro Now up to 50% OffCLAIM SALE

Delta seeks new Seattle flight as airlines jockey over DC slots

Published 06/06/2024, 07:05 AM
Updated 06/06/2024, 07:11 AM
© Reuters. Delta Air Lines jets are seen at gates at Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, U.S. December 22, 2021. REUTERS/Elijah Nouvelage
LUV
-
DAL
-
SAVE
-
ALK
-
AAL
-

By David Shepardson

WASHINGTON (Reuters) - Delta Air Lines (NYSE:DAL) plans to announce on Thursday it will apply for a new flight between Seattle and Washington Reagan National Airport as airlines battle over five new daily flights.

On May 16, U.S. President Joe Biden signed legislation creating the new flights at the busy airport in Arlington, Virginia. The law requires the U.S. Transportation Department to award the new flights by mid-July.

The Washington region has three major airports, but Reagan National is the closest to the U.S. Capitol and downtown. Because of its short runways, its main runway is the busiest in the United States, and Reagan is the 23rd-busiest U.S. airport by passengers.

Delta President Glen Hauenstein will announce the airline's plan to apply at a news conference in Seattle, where the airline is marking its inaugural nonstop flight to Taipei from the United States.

If Delta is successful, it would compete with Alaska Airlines, which operates the two current daily flights from Seattle to Reagan.

"The addition of this flight will bring much-needed competition to a route with some of the highest ticket prices in the country," Delta said.

For more than a year, Delta heavily lobbied for the change - and had pushed for adding far more daily flights - while United Airlines opposed it.

Southwest Airlines (NYSE:LUV) said it will apply for a new daily flight between Washington and Las Vegas, which has only one flight per day on American Airlines (NASDAQ:AAL). Southwest projects the flight would significantly lower average fares on the route.

American Airlines wants to start a new daily flight between San Antonio and Washington, which would connect the seventh-largest U.S. city to the DC airport.

© Reuters. Delta Air Lines jets are seen at gates at Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, U.S. December 22, 2021. REUTERS/Elijah Nouvelage

Alaska Airlines is seeking a new daily flight to Reagan from San Diego, the largest market without direct flights to the DC airport, while Spirit Airlines (NYSE:SAVE) wants a new direct daily flight to San Jose, California.

Congress in 1966 said airplanes could only fly to destinations within a 650-mile perimeter of National Airport, with some exceptions, but decades later expanded the flight distance to 1,250 miles. Since 2000, Congress has approved 25 daily flights beyond that range, including the five new ones.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.