Issue Summary

Third quarter earnings season continues, with a long parade of airlines set to report this week. Lufthansa, Air Canada, and Southwest are just a few of note. Last week, American and United were center stage, each describing the changing nature of post-pandemic air travel and emphasizing the growing importance of blended travel — in other words, people who combine business trips with leisure. Enabled by more flexible work schedules, blended travelers are more likely to fly during traditional offpeak times, days, and seasons, prompting a rethink of flight schedules.