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Written by Larry Aiello
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Thursday, 01 December 2011 23:41 |
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Just like I mentioned in yesterday's blog post, I thought American Airlines would announce a reduction in prices due to the perceived negativity of the bankruptcy filing. Lo and behold, look what Travelocity is offering:
American Airlines' Europe Airfare Sale starting at $468+ Round-Trip with Travelocity! Ends 12/8.
The above is not valid for a blackout during the week of Christmas, but it is good for travel through April 1, 2012.
We will probably see other airlines follow suit as that industry is very much a copy-cat industry. I have not seen Alitalia, Italy's flagship carrier, announce any specials as of yet, but I bet they will this weekend. Check back on this site to see if they do.
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Written by Larry Aiello
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Wednesday, 30 November 2011 15:46 |
American Airlines (AA) filed for bankruptcy protection yesterday.
American Airlines flies to Rome Fiumicino (FCO) and Milan Malpensa (MXP) and other destinations in Italy through their codeshare partners.
The bankruptcy should not affect their flight operations, as many US airlines recently have filed for bankruptcy protection and are still operating such as Delta Airlines and United Airlines. It is a business move they do not want to undertake, but they do it to restructure their contracts to more favorable terms. In fact, prior to yesterday, they were one of the few major airlines in the United States (along with Southwest Airlines and JetBlue) to not have filed for bankruptcy protection.
Here is a quote that appears on their site
"American Airlines is flying normal schedules and conducting business as usual worldwide."
They will honor all their flights and it should not affect their frequent-flyer miles.
What will happen to airline prices to Italy?
The perceived negativity may decrease demand for their flights, which may put some downward pressure on prices.
Eventually, they will probably scale-back the number of flights, especially the unprofitable routes. Should that happen, you can expect fares to increase due to the decreased supply.
Worse-case scenario for American Airlines
I expect the airline to continue operating one year from now, three years from now, etc. However, if they are not able to restructure their contracts to more favorable terms, and cease operations, you will be protected for any tickets purchased as long as you use a credit card.
Phone numbers for AA - English 1-800-433-7300 / En Espanol 1-800-633-3711
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Saturday, 26 November 2011 15:20 |
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Congratulations to the following twitter user @ syfydad - winner of my recent free cookbook promotion! {see previous post} Follow me on twitter for your chance to win more items like this in the future!
View past winners
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Written by Larry Aiello
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Thursday, 24 November 2011 17:40 |
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Win a free cookbook promotion – all you have to do is retweet one of my tweets and you’ll be entered for a chance to win a free Italian cookbook. You must do this before end of the day on black Friday, November 25th, 2011. Find out more...
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I wanted to wish everyone a Happy Thanksgiving which translates into Buona Festa del Ringraziamento in Italian. It is not technically a holiday in Italy, which is a shame, since it is my favorite holiday - a day to give thanks for all your blessings.
Another Italian saying is Buon Tacchino which means Happy Turkey!
And of course, Italians will customarily say Buon Appetito right before beginning to eat their meal. I hope everyone has a great day!
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