The Crane's Pain
At least it’s not alone. Having to take $10b in aid from its government was no easy pill to swallow, coming at a steep cost. But Lufthansa, suddenly 20% owned by the German state, has plenty of company. Its three...
The devastated airline industry continues its comeback, in some respects faster than expected. American, for one, is adding back flights at a rather bullish pace, chasing the small bursts of leisure and family-visit demand now crawling out of its cave.…Read The Issue
We’ve now reached the point where most major airlines have published their first-quarter results. Singapore Airlines was among the carriers reporting last week, joining several other East Asian airlines near the top of the worldwide margin rankings. Its excellent 16...Read More
Ryanair is buying planes again. A lot of planes. The Irish LCC opted for Boeing’s largest narrowbodies on offer, its 737-10s. Ryanair ordered 150 of them, with options for another 150. Will it still have enough growth opportunities to fill...Read More
There’s lots of nervous talk about the trajectory of the global economy, perhaps with some justification given rising interest rates, banking stress, lingering inflation, ongoing geopolitical tensions, weak freight markets, and cooling labor markets. There’s a more optimistic scenario, however,...Read More