After a bloody first half of 2022, followed by an underwhelming summer, Europe’s Ryanair-wannabe, Wizz Air, reported heavy underlying losses for calendar fourth quarter. Its operating margin? Negative 17 percent. The label “Ryanair wannabe” is not an insult. Wizz in...
Read MoreRemember United’s old advertising slogan: Fly the Friendly Skies? In 2023, the airline has a different message for investors: Beware of the crowded skies. During United’s fourth quarter earnings call, CEO Scott Kirby warned over and over again that America’s...
Read MoreGreg Foran was dealt no easy task when he took the helm of Air New Zealand on February 3, 2020. New Zealand confirmed its first case of Covid-19 the same month, and closed its borders to all but citizens by...
Read MoreIt’s 2023, and most of the least recovered airline markets are still found within East Asia. Hong Kong’s scheduled seat departures are 63 percent fewer this quarter than they were in the first quarter of 2019, according to Diio by...
Read MoreIt wasn’t exactly an investor day event — Delta Air Lines will hold one of those in June, offering a deep dive on different areas of its business. Last week, in a meeting with investors, the airline’s chief focus was...
Read MoreMichael Jordan worked wonders with a basketball. Can Bob Jordan do the same with a fleet of more than 700 planes? The latter Jordan, CEO of Southwest Airlines, had his chance to convince investors, in a presentation he and his...
Read MoreIn the rabidly competitive airline industry, profits don’t come easy. Europe’s low-fare giant EasyJet, however, has found a way. Last week, the orange-colored carrier reported financial results for its fiscal year that ended in September (it reports just twice a...
Read MoreKLM's new CEO, Marjan Rintel, has been in the job less than five months and already faces serious questions over the future of the airline. Amsterdam’s Schiphol airport, the linchpin of KLM’s operation and success, has restricted passenger numbers due to...
Read MoreThe animal that is Frontier Airlines says no, it’s not in a cage. The Denver-based ultra-low-cost carrier insists that it’s just as free as ever to grow and prosper, rejecting the argument from United’s Scott Kirby and others that ULCCs...
Read MoreTurkish is having a moment. It’s a rare carrier that’s both larger and more profitable now than it was before the Covid crisis. Turkish reported its third quarter financial results on November 3 and, wow, they were good. It...
Read MoreTwelve minutes. That’s all the time it took for the board of directors of Avianca to set the path for the carrier, and begin a series of sweeping changes to the airline industry in the region. The date was May...
Read MoreSweet memories of the Great Recession? Not exactly, but for Hawaiian Airlines, the global economic calamity of 2008 and 2009 didn’t leave many scars. Hawaii’s tourist sector felt the impact for sure—the number of visitors arriving by air dropped 10...
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