TAP Air Portugal Focused on 'Tactical,' Profitable Growth With Sale Pending
TAP Air Portugal is hitting its profitability marks, with management laser focused on making the state-owned airline an attractive takeover target.
Edward Russell
Edward was Skift’s Washington, D.C.-based airlines reporter from 2020-2023. He’s covered the industry from the American-US Airways combo to the depths of the coronavirus pandemic. He enjoys bikes, trains and runs with his dog, Heathrow.
The Airline/Airport Growth Challenge
Four major U.S. airlines have now reported their third-quarter results, including United, American, and Alaska Airlines last week. Together with Delta’s results the week before, the latest disclosures make several…
The U.S. Air Travel Recovery Flatlines
If one thing's clear from the airlines that have reported third-quarter results it's that the U.S. domestic travel recovery has plateaued. That's not necessarily bad, passenger numbers are above 2019…
Air France-KLM's SAS Takeover: Do Copenhagen, Oslo, and Stockholm Hubs Stay?
Air France-KLM's pending $145 million deal for a minority stake in Scandinavia's SAS is the latest move among Europe's consolidating airlines. But there are more questions than answers as the…
Fast-Growing Istanbul Airport Wants More Budget Airline Competition
IGA Istanbul Airport is one of the big air travel pandemic recovery success stories. The airport has skyrocketed up global rankings to seventh busiest last year but executives acknowledge that,…
Thai Airways to Complete Thai Smile Merger, Exit Bankruptcy in 2024
There is light at the end of the Thai Airways pandemic bankruptcy restructuring. The airline is on track to complete the integration of its Thai Smile subsidiary by the beginning…
AirAsia, Chastened from Pandemic Losses, Takes Disciplined Approach to Growth
Gone are the days of growth for growth's sake at AirAsia. The Southeast Asian discounter is taking a much more disciplined approach to expansion after pandemic losses topped $2.7 billion.
Delta’s Cost Conundrum
Third quarter earnings season is now underway, with Delta as usual hosting the opening ceremonies. Its results were again good, though somewhat disappointing given just how strong demand was this…
Delta's Profit Machine
The reaction to Delta Air Lines' controversial loyalty program changes have so far have more bluster than anything else. Its profit, and outlook, remain sound even as U.S. domestic demand…
EasyJet Raises Profit Outlook After 'Record' Summer, Orders More Airbus Planes
EasyJet expects operating profits nearly double analyst forecasts during the year that ended in September, after a banner summer travel season in Europe. That, in part, gave the European discounter…