Third quarter earnings season is underway, with Delta as usual batting leadoff. For the second straight quarter, its earnings were strong, underscored by another double-digit operating margin. That’s thanks to record revenues, fueled by extraordinarily robust demand — for leisure…
Read The IssueIt’s a triple tailwind for airlines. Demand has rarely been this good. Supply is greatly constrained. And fuel prices are down sharply (about 40 percent!) from a year ago. Sure enough, many airlines will be celebrating when the industry meets...
Read MoreIt was a week of disappointment for American and JetBlue, who spent the time digesting the ramifications of a judicial order to end their northeast alliance. By all accounts, it was working well for both carriers. American did downplay the...
Read MoreWe’ve now reached the point where most major airlines have published their first-quarter results. Singapore Airlines was among the carriers reporting last week, joining several other East Asian airlines near the top of the worldwide margin rankings. Its excellent 16...
Read More