After losing $300m in 2016 as a result of some horrific exposure to terrorism and political tumult, things are looking up for Turkish Airlines. In its second quarter, the airline posted a 5% operating profit margin and with that likely will turn a profit for the full calendar year. How did Turkish do it? Other […]
Google. Apple. Facebook. Delta? Airlines weren’t born in Silicon Valley. And their executives don’t wear hoodies. But airlines are indeed some of the global economy’s most zealous adopters and even innovators of advanced technologies. Already, new technologies are reshaping many areas of the airline business. In 2017, it’s nearly impossible to hear an airline management […]
The alarm bells are ringing. The concerns are mounting. Is Norwegian, with its bold experiment in low-cost longhaul flying, falling apart? The numbers aren’t good. In this year’s first half, Norwegian suffered a negative 12% operating margin at a time when most other European carriers are surfing a wave of expanding demand, falling costs and […]
United is still trailing its peers, but can it catch up? That’s the question we weigh first in this episode. In the second quarter, American Airlines bested United with a 16% operating margin versus United’s 14%. One thing that went right for AA: Latin America. One thing that went wrong for United: Asia. Meanwhile, little […]
It was an earnings call so uncomfortable that anyone who listened or participated still recalls it well. “Is this really all you’ve got?” asked Jamie Baker, a Wall Street analyst. “I mean, in other businesses that I can think of, when there’s a company standing out like this, you sort of expect, you know, a […]
