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Airfares are almost certain go up this summer. Troubles with the Boeing 737 Max are part of the reason.The grounding of the Boeing 737 Max jet took 371 planes out of service worldwide for an indefinite period of time. Boeing also halted deliveries of new jets that could have been in service by the time the peak summer season arrived. Discount European carrier Ryanair had been awaiting its first 737 Max when deliveries were halted.Among 737 Max's largest customers are discount airlines, like Southwest in the United States and Norwegian Air in Europe. Those carriers put pressure on fares, forcing other airlines to offer more seats at lower prices to compete for leisure travelers. Fewer flights by discount carriers mean less competition for other carriers, and less incentive to offer lower-priced seats on their planes."I think it certainly has the ability to pressure fares higher as we get into the busy summer months," said Helane Becker, airline analyst for Cowen.Uncertainty over when the Boeing 737 Max will be back in service has led airlines to cancel hundreds of flights a day all the way into August. Southwest canceled flights through August late last week, and American Airlines, the world's largest carrier, did the same on Sunday. United Airlines, the third US airline with a version of the 737 Max in its fleet, has canceled flights through early July.United on Tuesday trimmed its estimate for how much its capacity will grow this year. It expects to grow by up to 5% growth, down from its earlier forecast of 6%. It also said it expects sales from passenger fares to be up 2.5% in the April through June period.Summer is the peak travel season for airlines. They put as many planes in service as they can, which means fewer extra planes will be available to fill in for the missing 737 Max jets."All the airlines have some extra planes at any period of time. But in the summer the system is strained more tightly," said Philip Baggaley, the lead credit analyst for transportation companies for Standard & Poor's.The 737 Max problems aren't the only reason fares will be higher this summer. A strong US economy, with near record low unemployment has increased demand for travel. And higher jet fuel prices limit routes that airlines are willing to fly. "It's tough to disentangle the impact of the 737 Max from the other factors," said Baggaley.When jet fuel is lower, airlines will add flights on routes where they might not otherwise be profitable, which adds to passenger choices and can push down fares. The opposite happens when fuel prices are higher. Fuel prices are about 20% above where they were a year ago, and prices are expected to climb higher in the next three months.Europe doesn't have as strong an economy as the United States, but a number of budget airlines have gone out of business in the last six months, including Wow Air, Primera Air and FlyBMI. That means less fare competition, allowing fares at other carriers to rise.All of Boeing's Max planes were grounded worldwide last month after a 737 Max jet flown by Ethiopian Airlines pilots crashed in that country, killing everyone aboard. It was the second fatal crash involving a Max in recent months. A Lion Air flight crashed in October.Investigators believe the crashes are tied to an automatic safety feature of the new jet that forced its nose down.It's unclear when Boeing will get approval for a 3449
A Utah mom said it’s ‘unacceptable’ that her 11-year-old daughter wasn’t allowed to say ‘no’ when asked to dance.During a Valentine’s Day dance, 11-year-old Azlyn Hobson, told 188
A storm that's intensifying along the Southeast coast Monday will rapidly strengthen and move northward, delivering heavy bursts of rain, strong winds and dangerous rip currents up and down the East coast this week.This system is forecast to track across central Florida and into the Atlantic overnight Monday and into Tuesday morning. Heavy rain is forecast across much of northern Florida, with totals up to 2 inches predicted.Extreme rain in the CarolinasThis storm will quickly begin to strengthen as it tracks up and along the East coast, impacting the Carolinas Tuesday. Within a 12-hour period beginning Tuesday morning, the winds will essentially double in strength along the Carolina coast and the rain will increase as the storm deepens in its central pressure.Sustained winds will swirl at 25 to 35 mph, with gusts up to 50 mph possible along the Carolina coastline through Wednesday morning. Heavy rain and strong northeasterly winds off the coast will lead to coastal flooding, especially in flood-prone areas. Rain totals of up to 4 inches are possible.Rip currents will also be a danger along the Southeast coast Monday, where the National Weather Service has issued a Rip Current Statement from St. Simons, Georgia, south to Jupiter, Florida. The NWS says there is a high rip current risk through Monday evening and "it should be noted that almost 300 surf rescues were reported by beach authorities this past weekend."Impacts to the Northeast could be minimal or majorBy Wednesday morning this coastal low will begin to affect areas of the Northeast from Long Island to Maine. Rain and gusty winds are the main impacts along the coast, where 1-2 inches of precipitation is forecast and winds of 20-30 mph with higher gusts are possible.The impacts to the Northeast could still change, depending on how close to the coast the storm tracks. The European model has the storm tracking closer to the coast and is showing more significant effects, including higher winds and more torrential rain. New York could see wind gusts up to 25 mph Tuesday evening and up to an inch of rain. Boston could see wind gusts up to 35 mph and 1-2 inches of rain through Wednesday.The American model has the storm tracking farther off the coast, with less of an effect on coastal cities. However, the impacts over the open ocean are expected to be much more significant. Hurricane force winds are forecast 100 to 300 miles offshore due east of Hatteras, North Carolina, and Nantucket, Massachusetts. By Tuesday afternoon, offshore waves could build up to 14 to 27 feet before subsiding beginning Wednesday.This storm is a quick mover and it's forecast to exit the Northeast by Wednesday evening, leaving behind gusty winds of up to 25 mph into Thursday for areas of New England. 2785
Airbnb is offering a handful of people concerned about the environment a chance to participate in scientific research on how to help preserve it during an all-expense paid trip to Antarctica. 203
A music teacher at Mason Elementary School in Grosse Pointe Woods, Michigan, is on paid leave and under investigation for allegedly asking a kindergarten boy to rub lotion on his back. The incident was first reported by a 5-year-old girl in the class to her parents. The father of the boy, Dr. Chris Seitz, met with the Deputy Superintendent this morning and was told the music teacher would remain in class during the investigation. The dad is Dr. Chris Seitz and says why he needed our help to get the schools to do the right thing... 551