The third quarter is nearing its end, with demand still humming in most markets, excluding China and Japan. Better yet, fuel costs continue their downward march, albeit from extremely high levels this summer. West Texas Intermediate crude oil prices dropped...
Read MoreUnited and Emirates working together? The once unthinkable is now true, though the partnership of the two unveiled last week is limited in scope, at least for now. More significant for United is the sustained strength in travel demand right...
Read MoreFall? What fall? It still feels like summer for U.S. airlines, judging from comments by several carriers at an investor event last week. Peak, summer-like demand persists despite the change of seasons, as new financial guidance from United makes clear....
Read MoreEuropean consolidation got a leg up last week, but not in the way many expected. Italian authorities named the offer from private equity firm Certares with Air France-KLM and Delta as their preferred bidder for ITA Airways instead of frontrunner...
Read MoreSeptember 1 marks the beginning of spring in Australia and New Zealand, two airline markets, appropriately enough, now springing back to life. Demand for Qantas and Air New Zealand is in many respects just as strong if not stronger than...
Read MoreAirlines from Thailand, South Korea, and Turkey headlined the earnings parade last week, offering mixed messages on the recovery. Travelers are clearly returning to the beaches and cities of Thailand, though not yet in sufficient quantity to deliver profits for...
Read MoreThe second quarter earnings results keep rolling in, depicting an airline industry enjoying a resurgence in demand, but also a shortage of supply, especially of people and planes. Korean Air stole the show with a thundering 22 percent operating margin...
Read MoreWith many airlines having now reported their second quarter results, some clear trends are emerging. Most importantly, travel is back in a big way in all but a few markets, like China. On the other hand, high fuel prices are...
Read MoreThere’s life in the airline industry again. For the first time since the onset of Covid, the aviation world gathered near London for the Farnborough Air Show. Delta grabbed the spotlight with a blockbuster order for Boeing’s 737-10, not to...
Read MoreSecond quarter earnings season is underway, ushered in with solid performance from Delta. The Atlanta-based giant earned a double-digit operating margin for the spring quarter, a welcome lift from its loss-splattered results during two years of pandemic misery. Delta is...
Read MoreAs expected, America’s skies were busy this Independence Day holiday. And they would have been busier still were it not for high ticket prices, elevated by high fuel prices, and constrained capacity. Also, as expected, traveler patience was a must,...
Read MoreAs America’s Independence Day holiday approached, airlines and their customers braced for more operational distress. Simply put, airlines, airports, and air traffic control towers throughout the U.S. are understaffed, owing to tight labor markets and earlier downsizing. The problem, however,...
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