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 IssueA mammoth hurricane in Florida. A financial hurricane in the UK. Russia still at war. A global economy showing signs of distress. Even as worldwide demand for air travel stays strong, airlines face a challenging backdrop of economic, geopolitical, and...
Read MoreThe third quarter is nearing its end, with demand still humming in most markets, excluding China and Japan. Better yet, fuel costs continue their downward march, albeit from extremely high levels this summer. West Texas Intermediate crude oil prices dropped...
Read MoreUnited and Emirates working together? The once unthinkable is now true, though the partnership of the two unveiled last week is limited in scope, at least for now. More significant for United is the sustained strength in travel demand right...
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