Business

Delta beefs up Austin flights in battle for fast-growing airport

Products You May Like

In this article

  • DAL
Angel Di Bilio | iStock Editorial | Getty Images

Delta Air Lines is adding more flights next year at Austin-Bergstrom International Airport, in a bid to gain market share in one of the country’s fastest-growing airports.

The carrier plans to add 11 nonstop flights from Austin in April, giving it almost 50 peak-day flights, the airline said Friday.

Flight additions include Midland-Odessa and McAllen in Texas, as well as Raleigh-Durham in North Carolina, Nashville and Cincinnati.

It will also route connecting passengers through the hub, a shift for the Atlanta-based carrier.

“This is the first time we’ll be using Austin as a connecting point to access our network with the addition of McAllen and Midland,” Eric Beck, managing director of network planning, said in an interview. “For us here at Delta, Texas has historically been a white space for opportunity on our network.”

Austin’s population has grown rapidly in recent years and the city has drawn investment from big companies such as Apple, Tesla and IBM.

Beck said no single company drove the decision to expand in Austin. But “over time as we talk to our corporate accounts and look to where they’re traveling that we don’t have service,” McAllen and Midland, a base for the oil-rich Permian Basin, topped the list, he added.

Beck said both cities have strong business communities and tourism attractions.

Austin’s airport served more than 7.1 million passengers last year, up 11% from 2019, before the Covid-19 pandemic, according to aviation analytics firm Cirium. Passenger counts fell 5% in the U.S. overall during that period.

Delta had a market share of close to 14% in Austin as of September, behind Southwest Airlines‘ 40% share and American Airlines‘ 22%, according to airport data.

Don’t miss these stories from CNBC PRO:

  • Five stocks to buy before the year-end, according to the pros
  • Morgan Stanley fund manager names 4 top stocks to buy ‘on the cheap’
  • JPMorgan picks China stocks to buy now. Alibaba’s not on the list
  • Analysts love this self-driving car tech stock and give it over 400% upside

Products You May Like

Articles You May Like

Disney earnings offer hope that streaming can successfully supplant linear TV
Fed’s Kashkari says Trump tariffs could reheat inflation if they provoke global trade ’tit for tat’
BlackRock expands its tokenized money market fund to Polygon and other blockchains
Form 1120 Filing Guide: Corporate Tax Return & Schedules Explained
Alabama Expands Tax-Free Overtime Eligibility, but Should Repeal Entire Exemption