It's that time of year again! Black Friday may already be on its way out, but Cyber Monday is in full swing, and if you're anything like us, you've been eyeing up your favorite hotels, cruise lines, and tour operators for months, just waiting for them to roll out the big sales. Good news: From glamorous resorts to beachfront hotels to tour operators and cruise lines, the Cyber Monday deals are still rolling in, and there are tons of ways to save for every type of traveler. Whether you're interested in scoring 30% off low-cost flights to Iceland via PLAY or want to hop on a cruise by HX (Hurtigruten Expeditions) for close to half the original price, this is the best time of year to save. From now through Travel Tuesday, we're seeing new sales drop every day—be sure to check back in daily so you don't miss anything good.
‘We’re Positioned to Win’: Delta Expects More Growth in 2025
20.11.2024 - 17:17 / skift.com / Glen Hauenstein / Ed Bastian / Delta Air Lines / Donald Trump / Meghna Maharishi
Delta Air Lines said Wednesday it is expecting an increase in sales in 2025, driven by a strong economy and sustained demand for premium and international travel.
The company expects revenue to grow in the mid-teens, but costs, excluding fuel, would climb in the coming year.
“We’re positioned to win like never before. This airline, this brand that we’re seeing the momentum is strong and gaining altitude,” said CEO Ed Bastian at the carrier’s investor day.
Bastian said the company is seeing the majority of its growth coming from wealthier travelers.
“Households with earnings of $100,000 or more make up about 40% of the overall U.S. [economy] and also 75% of overall travel spend,” he said. “And since Delta is a premium traveler, obviously, our numbers are much higher than 75%. I’d say that number is probably closer to 90% of our travel is coming from households in this cohort.”
He added that Delta is also seeing millennials — those who were born between 1981 and 1996 — account for an increasing share of spending on air travel.
“The secular growth that we’ve seen in travel is across all generations. This is not only those who are baby boomers that are wanting to go out and had to sit home for a couple of years during COVID and were afraid they’d never get back out and the revenge travel aspect,” Bastian said. “It’s actually happening with millennials more than ever and we have all segments of our marketplace looking for that experience.”
Bastian also pointed to a statistic that millennials are 36% more wealthy than Gen X when they were in the same age range and 20% wealthier than boomers.
“Millennials not only have the desire more than ever and capability, but they also have the execution,” he said. “They’re the fastest-growing generation, and their travel spend across all generations are growing by three to four points across any other spend category.”
Premium products have become one of Delta’s most profitable segments, with premium seats and the carrier’s loyalty program generating 57% of its revenue. Main cabin seating now makes up 43% of Delta’s earnings. Nearly 14 years ago, main cabin raked in around 60% of Delta’s revenues.
Long term, Delta expects premium seating and its loyalty program to make up more than 60% of its revenue. Delta president Glen Hauenstein said the carrier found that 85% of customers sitting in premium seats intend to repurchase such seats.
“What we’ve garnered from all this now years of experience with these premium products is once people are flying in them, they tend to not go back,” Hauenstein said. “There’s a life cycle. The life cycle starts when you’re young, and fares are the only thing that matters. And then as you get older and and you can afford more, want
33 Black Friday Travel Deals to Save Big on Flights, Hotels, & More
It's that time of year again! Black Friday is finally here, and if you're anything like us, you've been eyeing up your favorite hotels, cruise lines, and tour operators for months, just waiting for them to roll out the big sales. Good news: From glamorous resorts to beachfront hotels to tour operators and cruise lines, the deals are rolling in, and there are tons of ways to save for every type of traveler. Whether you're interested in scoring 30% off low-cost flights to Iceland via PLAY or want to hop on a cruise by HX (Hurtigruten Expeditions) for close to half the original price, this is the best time of year to save. From now through Cyber Monday and Travel Tuesday, we're seeing new sales drop every day—be sure to check back in daily so you don't miss anything good.
Marriott Bonvoy Members Can Score 25% Off Winter Stays Around the World — When to Book
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Could Delta Be Introducing a New Cabin Class? Here’s What We Know
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Delta takes a jab at Spirit and says it soon expects more profit from premium seats than economy
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Delta Air Lines' Newest Perk? Ordering a Shake Shack Burger on Board
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Shake Shack burgers are on the way to Delta's First Class
How about a burger in first class?
My Favorite Airbnb: The Spectacular Frank Lloyd Wright Goetsch Winckler House
For over a decade, I’ve intermittently checked sales listings for Frank Lloyd Wright homes with the hope of finding one for my very own. It's a pipe dream, as most are way beyond what I can afford and some are never even publicly listed—like Marc Jacobs’s Hoffman House in Rye, New York, which is presently featured in Vogue’s December 2024 issue, or the Goetsch-Winckler House in Okemos, Michigan, which was purchased in a private deal by a couple of young Wright enthusiasts in 2022.
Delta's Newest Program Offers Over-the-top Experiences for Loyal Customers — What to Know
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