Issue Summary

Any doubts about Air India’s ambition to become a leading global airline? Not after the massive order for Airbus and Boeing planes it announced last week. In the earnings space, Air Canada still can’t seem to figure out how to make money in the winter. Norwegian, another wintertime struggler, is nevertheless showing signs of promise as it seeks to prey on SAS’s misfortunes. Finnair has many misfortunes of its own but likewise showed signs of progress last quarter. And, Copa … Wow. Enough said.