Things were going well for easyJet before the crisis. Rivals were perishing. Yields were rising. The short-term question now is can it recover some momentum as European countries reopen their borders, as virus infections in Europe recede, and as tourists…
Read The IssueLet’s describe current airline industry conditions in just four words: Demand great, supply constrained. Or perhaps you prefer: Revenues strong, costs rising. The point is, airlines around the world are filling their planes and collecting handsome fares. But they’re also...
Read MoreIt’s Turkey time. Not the bird, the country. Turkish Airlines and its low-cost rival Pegasus are giving thanks for an astounding set of summertime financial and operational achievements, earning monstrously large profit margins while growing capacity by double digits from...
Read MoreIs the ultra-low-cost business model dead? Underwhelming earnings at Allegiant and Wizz Air lent firepower to the thesis, argued most prominently by United’s chief Scott Kirby. Both carriers beg to differ, blaming their summertime setbacks on operational woes and other...
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