Well, that was awkward. With Elliott Management breathing down its neck, Southwest’s management told investors that its earlier forecasts were (whoops) way off. Unit revenues for the second quarter, alas,…
We’re now just a week away from the end of 2024’s second quarter. It’s been a good one for airlines broadly speaking, with demand holding firm across most of the…
Suddenly, Southwest Airlines is under attack, not by a competitor, but by an activist investor demanding big changes. Elliott Management, best known for a years-long bond battle with Argentina’s government,…
It’s shaping up to be a great summer for U.S. airlines. Strong demand. Constrained supply. Moderate fuel prices. Yet struggles are rife—from American’s distribution missteps to Southwest’s costs concerns, to…
Better late than never. East Asia’s airline markets were slow to reopen and slow to recover post-Covid. But in Southeast Asia, or more specifically the ASEAN region, a demand revival…
Three of the world’s most exciting, ambitious, and successful airlines reported earnings last week. Ireland’s Ryanair, Turkish Airlines, and India’s IndiGo are all playing at the top of their game,…
Yes, information is limited. But there’s more than sufficient evidence to declare Emirates a thriving airline. In fact, it’s earning stronger profits than it ever did in the 2010s, thanks…
It was once a champion. Now it’s in critical condition. Spirit Airlines is losing dangerous amounts of money, prompting concerns about its future. The airline itself says it’s a long…
Their first quarter figures weren’t pretty. But Lufthansa and Air France/KLM remain hopeful that strong demand—combined with short supply—will help them overcome rising costs. The all-important summer peak is fast…
Caribbean overcapacity is one of many reasons why JetBlue can’t seem to stop its financial bleeding. American Airlines has a Caribbean overcapacity problem too. But in Mexico, the situation is…