Jet Airways didn’t give up the ghost. Instead, it rose from the hospital bed and plodded toward recovery, and today the Indian airline is the proud owner of a profit streak of nine consecutive quarters. How did Jet avoid its near-death experience? Speaking of near death, Air Berlin is watching its planes get repossessed, its […]
Now a publicly traded company, Azul has a lot to say. And many stakeholders like what they’re hearing. As Brazilian airlines awake from their national nightmare, financial results are improving sharply—much more, in fact, than the improvement in the nation’s economy. That’s certainly true for Azul, which turned heads with an impressive 6% operating margin […]
It was all doom and gloom as United CFO Andrew Levy addressed a Cowen Transportation conference last week. Doom and gloom? In the super-profitable U.S. airline industry? Indeed, United revised its Q3 earnings forecast significantly downward. It no longer expects pretax margin excluding special items to be between 13% and 15%, as it expected in […]
Cathay Pacific has seen all its oxygen sucked out of the room by the hyper growth of the Chinese carriers. Is there anything to be done? Sometimes waiting is the best option. Australia has two major airlines with two very different stories to tell. While Qantas is enjoying a golden age, Virgin Australia is a […]
In a new book about China, Harvard professor Graham Allison provides a list of astonishing facts about the country’s economic development. In 1980, its gross domestic product was less than $300 billion, with 90 out of every 100 citizens living on less than $2 per day. By 2015, GDP was $11 trillion, second only to […]
