Around the World
August 10, 2020
A look at the world’s airlines, including end-of-week equity prices
Finally, an airline that actually made money last quarter. Two of them actually. Korean Air and its hometown rival Asiana, both cargo power players even in normal times, reported solid Q2 profits as yields for shipping goods rose dramatically. The…
Read The IssueThe once-in-a-lifetime Covid crisis already is reshaping the global airline business in profound ways. In London, the world’s largest air travel market, the upheaval has some major players in retreat, and others (like Wizz Air) sensing a once-in-a-lifetime opportunity. Never...
Read MoreOn Sept. 11, 2001, the French newspaper Le Monde, expressing solidarity with the American people, famously wrote “We’re all Americans now.” Last week, on the 19th anniversary of the 9/11 attacks on New York and Washington, U.S. airlines face a...
Read MoreBy now, airlines hoped the Covid crisis would be over. Or at least that the world would be a lot further along in the recovery. September has arrived, almost nine months since Chinese carriers began facing Covid’s wrath. For the...
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