Delta says the Olympics will cost it $100 million as travelers skip Paris
What percentage of market share do Delta and Air France hold together?
Delta Air Lines and Air France hold a combined market share of approximately 70% in nonstop service between the U.S. and France. This joint venture allows the two airlines to coordinate pricing and schedules, providing customers with more flight options and a consistent travel experience.
How much revenue is Delta Air Lines losing due to Paris avoidance?
Delta Air Lines is experiencing a $100 million revenue hit due to travelers avoiding Paris during the summer Olympics2. The airline has the most service to Paris among U.S. carriers and holds a joint venture with Air France. High hotel prices and potential crowding are causing tourists to consider alternative destinations.
How long do the Olympic Games in Paris run?
The Olympic Games in Paris will run from July 26 to August 11, 2024. The event will feature 10,000 athletes from around the world competing in various sports.