U.S. airlines sounded common themes as they disclosed gargantuan second-quarter losses. Demand recovery was promising, until it wasn’t. Costs are down sharply, but more painful labor cuts are necessary. Corporate and international traffic volumes remain negligible. Carriers are dialing back…
Read The IssueWhat do airlines and Taylor Swift have in common? Their tickets are exceedingly expensive right now. High-priced tickets are good news for the airline industry, currently underpinned by strong demand and tight supply, even beyond the current holiday season....
Read MoreLet’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...
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