Jet Airways Troubled No More? Airline Weekly Lounge Episode 87
Jet Airways had a pretty mediocre third quarter. Still, there are plenty of signs of hope for the often troubled airline. In fact, Jet has posted 10 consecutive profitable quarters. India’s low-cost carrier IndiGo, meanwhile, is raking in double digit profit margins. And SpiceJet—an airline that fairly recently had buzzards circling above it—had its best third quarter ever.
Both major airlines in South Korea have seen their profits tamped down by a diplomatic spat between their country and China. Fortunately both Asiana and Korean Air enjoyed robust growth in cargo revenue, which kept things from getting too ugly. Meanwhile, Kenya Airways is quietly regaining its footing. And lastly, we take a quick look ahead to 2018.