Healthy. Strong. Robust. When U.S. airlines are asked about current demand conditions, these are the kinds of adjectives one will hear. There’s no ambiguity: U.S. airports are jammed pack. Travelers are paying handsomely. And airlines are poised for a highly...
Read MoreIt's easy to get distracted in Icelandair's Reykjavik headquarters overlooking the runways at Reykjavik's downtown airport. The occasional departing De Havilland Dash 8, soaring up over the city, immediately catches one's eye. But Icelandair CEO Bogi Nils Bogason is seemingly...
Read MoreBy now you’ve probably heard: Turkish Airlines is taking the airline world by storm. This year, it expects to move more than 85 million passengers, up from just 10 million 20 years ago. Today, among global airlines based outside the...
Read MoreAn airline is only as good as the airplanes it flies. Good news: Airbus and Boeing have a lineup of efficient planes that make money for airlines — planes with increasingly longer range, better fuel burn, improved comfort, lower emissions...
Read MoreRare is an airline that did better in 2021 than it did in 2022. For Mexico’s Volaris, this was indeed the case. In fact, 2021 was a great year for the company, and 2022 much less so. As for 2023...
Read MoreAlexis von Hoensbroech made a leap last year when he left a 16-year career with the Lufthansa Group, including as CEO of Austrian Airlines, to lead Canada’s second carrier, WestJet. The Calgary-based airline faced numerous challenges. A multi-year effort to...
Read MoreTear up the script. The storyline is flipping. For years, the Philippines featured a classic airline narrative: A bright young low-cost carrier making life miserable for a stodgy old money-losing legacy carrier. The protagonist was Cebu Pacific, quietly one of...
Read MoreThe fourth quarter of last year was another bloody one for Chinese airlines. Hopes are rising, however, that this year will finally mark a turnaround for the sector. For the three months that ended in December, China’s Big Three airlines...
Read MoreOnce again last year, American came in last place. In the battle for profitability with peers Delta and United, American’s operating margin (excluding special items) was just 4 percent. This was half what Delta earned and two points worse than...
Read MoreFor China Airlines, two plus one equals negative $53 million. That’s how many U.S. Dollars the Taiwanese carrier lost at the operating level last quarter, as it grappled with the challenge of a two-airline market becoming a three-airline market. ...
Read MoreIt’s like that bunny in the old Energizer battery commercials: Still going. Roughly one year ago, Covid’s cork on travel demand finally popped off, unleashing some of the strongest bookings for air travel that U.S. airlines have ever seen. Well,...
Read MoreSometimes, bankruptcy is just what the doctor ordered. Thai Airways, Thailand’s largest airline, just stunned the aviation world with a striking 21 percent operating margin for the October-to-December quarter. Not bad for an airline whose operating losses exceeded $100 million...
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