Delta launches New York-Budapest flight
Tuesday, May 9, 2006, 15:02
Delta Airlines has launched its own scheduled New York-Budapest flight, Vice President Glen W. Haunstein announced at a ceremony on Tuesday attended by US ambassador to Hungary George H. Walker and Hungary's ambassador to the US András Simonyi.
Delta last flew a code-share New York-Budapest flight with Malév Rt in 2001. Launching the Budapest flight is part of a strategic decision, under which Delta plans to conquer 11 new markets in 2006 with the launch of 50 scheduled flights in 30 countries.
Launching the new flight will create favorable competition on the Budapest-New York route, CEO of Budapest Airport Rt Chris Woodruff said.
Based on current bookings, Delta expects a load factor of 70%-80% on the flight during the summer months and projects the flight will become profitable already in the first year of its operation. There will be five flights a week by August and another two will be introduced afterward. Delta expects business passengers to start using the service from September. Until then, economy class passengers who book early may be bumped up to business class.
Haunstein said the reason for starting the new flight were Hungary's economic growth, the importance of Hungary's car and hi-tech industry and the fact that the US is Hungary's sixth most important business partner.
Malév, Hungary's national carrier, operates seven flights a week to New York.