Around the World: March 2, 2020
| Airline Name | Change From Last Week | Change From Last Year | Comments |
|---|---|---|---|
| American | -31.7% | -46.7% | IATA requests temporary suspension of use-it-or-lose-it slot rules |
| Delta | -20.3% | -7.0% | Announces start of loyalty plan reciprocity and more codesharing with Latam |
| United | -21.3% | -30.1% | Opens new United Club lounge in the new New Orleans airport terminal |
| Southwest | -18.3% | -17.6% | Andrew Watterson tells Skift Airline Weekly: Havana and Orlando 2 places where free bags a big advantage |
| Alaska | -22.9% | -18.2% | Seattle's Paine Field will this year celebrate one year since welcoming its first passenger |
| JetBlue | -23.4% | -5.5% | Mexico's ASUR, which runs San Juan airport, says only 17% of its passengers there are connecting |
| Hawaiian | -22.5% | -30.2% | United and Hawaiian both holding investor day events this month |
| Spirit | -30.8% | -49.4% | JetBlue was Fort Lauderdale's largest airline last year with a 24% pax share; Spirit had a 23% share |
| Frontier | (not publicly traded) | Will soon fly to 17 cities from Phoenix, a big Southwest and American market | |
| Allegiant | -16.7% | 2.7% | Stock price drops least among U.S. carriers; only U.S. carrier without any int'l routes |
| SkyWest | -18.0% | -15.8% | ExpressJet, which SkyWest recently sold to new carrier backed by United, signs E145 deal with United |
| Air Canada | -18.8% | 3.4% | JV partner Lufthansa resuming Frankfurt-Calgary route this summer; will be its fifth Canadian city |
| WestJet | (not publicly traded) | Appoints former airport executive as new commercial chief for Swoop, its ultra-LCC unit | |
| Aeromexico | -14.0% | -43.0% | Mexican president AMLO suggests creation of a new airline to employ Mexicana's old workers |
| Volaris | -19.3% | 21.6% | Costa Rica growth opportunities constrained by FAA Category 2 safety rating |
| LATAM | -20.5% | -28.4% | Has already moved its New York JFK operations to Delta's terminal already co-located in Miami |
| Gol | -24.3% | -4.0% | Flew 10m passengers in the fourth quarter 2019 |
| Azul | -20.1% | 18.0% | Newest international route is to Buenos Aires from Recife |
| Copa | -22.5% | -5.7% | Venezuela producing more refugees than any other country in the world except Syria |
| Avianca | -22.1% | -14.5% | Calls out 4 specific strengths: Bogota hub, LifeMiles loyalty plan, brand, alliance with United/Copa |
| Emirates | (not publicly traded) | Saudi Arabia currently not allowing foreign religious pilgrims (using Umrah visa) to enter country | |
| Qatar Airways | (not publicly traded) | Opens new premium lounge at Singapore's Changi airport | |
| Etihad | (not publicly traded) | Algeria, uncomfortably dependent on energy exports, may ease visa rules to attract tourists, Skift reports | |
| Air Arabia | -10.8% | 47.7% | Neighbor Emirates offering leave to staff to offset coronavirus demand shocks |
| Turkish Airlines | -19.1% | -16.9% | Promoting upcoming launch of int'l Anadolujet flights with heavily discounted promo fares |
| Kenya Airways | -1.8% | -65.2% | Gov't giving it more cash to address another bout of financial distress (Bloomberg) |
| South Africa Air. | (not publicly traded) | Gov't substantially increases funding for carrier as it attempts to restructure; will inject more than $1b | |
| Ethiopian Airlines | (not publicly traded) | South Africa's Comair/Kulula says no dividends until MAX is back flying again | |
| IndiGo | -11.3% | 15.5% | Widespread rioting over citizenship law still plaguing New Delhi |
| Air India | (not publicly traded) | Reports surfacing of Indian energy company backed by billionaire possibly interested in buying Air India | |
| SpiceJet | -10.4% | 4.3% | AirAsia India still in process of applying for fly internationally from its Indian bases |
| Lufthansa | -20.9% | -48.2% | Formally ending cooperation with Condor as the latter joins LOT Polish |
| Air France/KLM | -23.9% | -36.4% | Reports emerging of potential mass job cuts; talk of 1,500 job losses by 2022 |
| BA/Iberia (IAG) | -24.2% | -21.2% | Says 2018 the worst year ever for European air traffic control delays; 2019 the second-worst year ever |
| SAS | -26.8% | -57.1% | Since adding an option for customers to opt for biofuel use, almost 10,000 travelers have done so |
| Alitalia | (not publicly traded) | EU investigation of government bridge loan now underway; could complicate efforts to save the company | |
| Finnair | -17.0% | -41.6% | Adding frequencies to Delhi and Los Angeles as it looks for markets to redeploy Asian capacity |
| Virgin Atlantic | (not publicly traded) | Increasing capacity to Barbados from Manchester this winter; also from London Heathrow to Havana | |
| easyJet | -27.0% | -10.3% | Adding two new summer routes to Greece from Bristol (to Preveza and Kos) |
| Ryanair | -19.9% | 0.9% | Its pilots have a five-days on, four-days off work schedule; fly from 82 bases across greater Europe |
| Norwegian | -47.5% | -67.4% | Carried more pax from New York City last month than any other non-U.S. carrier; surpassed even Air Canada |
| Wizz Air | -22.5% | 12.3% | Cutting Italian capacity by about 60% this month; seeing lots of reservation cancellations on Italian routes |
| Aegean | -25.4% | -19.2% | Eurozone GDP grew just 1.2% in 2019; lower than expected by the IMF, and lower than 2018 figure |
| Aeroflot | -19.8% | -4.3% | Received its first of 22 A350-900s last week (316 seats); will fly to London, NY, Miami, Beijing, Dubai, etc. |
| S7 | (not publicly traded) | Pax volumes grew a hearty 17% y/y in January; carrier now has 101 planes incl. jets incorporated from Globus | |
| Japan Airlines | -10.7% | -34.1% | Expands codesharing with Vistara, never mind closeness of Vistara backer Singapore Air. with JAL's foe ANA |
| All Nippon | -10.4% | -29.6% | Says B787-10s will be 25% more fuel efficient than the B777s they’ll replace on domestic routes |
| Korean Air | -5.3% | -39.4% | South Korean airport pax volumes rose 5% to 158m in 2019; Jan. 2020 showed 2% growth; Feb will be bad |
| Cathay Pacific | -4.6% | -24.1% | SCMP estimates about three-quarters of employees have taken unpaid leave during current demand crisis |
| Air China | -8.5% | -26.1% | Chinese carriers slowly getting their planes back in the air; discounting heavily to get people flying again |
| China Eastern | -9.6% | -22.3% | Marriott said revenue per room at its greater China hotels dropped 90% y/y in Feb.; rest of Asia down 25% |
| China Southern | -8.6% | -31.0% | Another casualty of the virus crisis: Indonesia's Lion Air postpones its planned public share offering |
| Singapore Airlines | -6.7% | -20.1% | Jan. traffic statistics don't yet show signs of demand shock; RPK traffic rose 8% y/y on 6% more ASKs |
| Malaysia Airlines | (not publicly traded) | AirAsia X said Malaysian outbound demand for air travel still pretty resilient for now; inbound worse | |
| AirAsia | -13.8% | -63.9% | AirAsia X also said Q4 holiday demand was actually pretty good; Q1 demand now plummeting |
| Thai Airways | -21.7% | -70.2% | Thai Smile, a wholly owned subsidiary, welcomed as "connecting partner" to Star Alliance |
| VietJet | -5.2% | 2.4% | Expects to receive about 200 new Boeing and Airbus narrowbodies by 2025 |
| Cebu Pacific | -7.8% | -12.5% | Philippine peso up in value versus the U.S. dollar y/y; helps local airlines manage costs |
| Qantas | -15.1% | -3.5% | Slipping hints that it might hire idled Chinese pilots to fly ultra-ultra-longhaul; would make labor tempers boil |
| Virgin Australia | -19.2% | -47.5% | Complains that Australian airport costs have risen 2.5 times the rate of indexed consumer inflation |
| Air New Zealand | -16.8% | -8.1% | Says it typically carries fewer Chinese package tourists on trans-Tasman routes than other airlines |
| Brent Crude Oil | -10.7% | -22.0% | Oil market has its worst week since the 2008/09 financial crisis; a silver lining for hard-hit airlines |
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