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 IssueThe earnings parade marches on. More airlines reported their calendar fourth results last week, including Japan’s two major airlines. In a break with pre-Covid norms, ANA is now outperforming its smaller and more internationally-focused rival JAL. In India, IndiGo continues...
Read MoreWith earnings season in full swing, we now have a clear picture of airline trends in the U.S. The Big Three — American, Delta, and United — all performed admirably in the fourth quarter, boosted no doubt by exceptionally strong...
Read MorePolite. Complimentary. Respectful. Nobody would use these adjectives to describe Scott Kirby’s attitude toward low-cost airlines. The United Airlines chief showed up for the company’s fourth quarter earnings call with a baseball bat, swinging at rivals for sins ranging from...
Read More