The counterattack is underway. Governments around the world are spending trillions of dollars to cushion their economies from the wrath of Covid-19. In the U.S., the rescue mission will cost a mammoth $2t, with $50b of that allocated for airlines...
Read MoreIt’s another week in the war against Covid-19, a once-in-a-century viral pandemic. Like everyone else on planet Earth, airlines are still in a phase of deeply uncomfortable uncertainty, especially about how long the war might last. A few weeks? A...
Read MoreIt’s man versus virus. An all-out war. And airlines are directly in the crossfire. Events are changing fast but last week, the theatre of battle shifted from east to west, with Italy now the center of the pandemic, and China...
Read MoreIt’s not just a problem for Chinese airlines anymore. Or just airlines in Asia. The Covid-19 virus outbreak is now obliterating demand for travel across the entire world. Suddenly, airlines even hearty and healthy just a week earlier find themselves...
Read MoreThe alarm bells are ringing across the global airline industry. A coronavirus crisis that first decimated China’s travel market is now spreading elsewhere. Not only are people across the globe becoming warier of getting on airplanes. International commerce is feeling...
Read MoreIt was New Year’s Day when reports first began surfacing of a mysterious SARS-like virus spreading in the Chinese city of Wuhan. Nearly two months later, public health officials are still struggling to contain the outbreak, deploying tactics that have...
Read MoreHow long will it last? The Covid-19 virus outbreak, if contained soon, might prove just a painful but manageable disruption for China’s pummeled airlines, not causing any long-lasting damage. But with each passing week of grounded aircraft and empty flights,...
Read MoreIt is the best of times. It is the worst of times. Like a tale of two cities, there’s a tale of two airline industries right now, one watching with glee as oil prices plummet, the other watching in horror...
Read MoreThe Wuhan coronavirus continues to spread, putting a virtual halt to parts of China’s economy. Airlines there are feeling the pain, with empty seats that would otherwise be crammed full with holiday travelers. Airlines elsewhere temporarily suspended much of their...
Read MoreThe week begins with China taking drastic steps to curb a spreading flu virus — one such step was temporarily banning all group tours. For Chinese airlines, what was supposed to be the busy Spring Festival travel peak has become...
Read MoreThree. Two. One… And we're underway. Fourth-quarter earnings season is here, kicked off with another fine performance by Delta. More U.S. carriers report this week, including the three with major MAX exposure (Southwest, American, and United). Also reporting this week:...
Read MoreFasten your seatbelts. Fourth quarter earnings season starts this week, covering the period from October through December. As usual, Delta goes first, sure to unveil another strong set of results. One reason for the airline’s success: All the new technology...
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