Past Issues

Issue No. 831

A Crisis Like No Other

Crises have wracked the airline industry almost since its inception. Wars, diseases, economic recessions and depressions, jet fuel price spikes — the list is almost endless and illustrates an industry almost uniquely prone to exogenous shocks. The Covid-19 pandemic started...

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Issue No. 830

Hope for the Holidays

As the Delta Variant Depresses Demand, Airlines Pin Their Recovery Hopes on the Holidays It was a good summer for airlines in many parts of the world, all things being relative. Leisure demand came back as people who had been...

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Issue No. 829

Nascent Recovery Ushers In Era of Change

Airlines Begin to Emerge From the Crisis to New Competition and Remade Markets Welcome back! The airline industry is making its usual summer-to-fall transition in a very changed world. Leisure travel demand soared in many regions during the summer, as...

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Issue No. 828

The 737 Max Is Back

After two fatal accidents, regulators around the world grounded the Boeing 737 Max for almost two years. When the FAA re-certified the aircraft, most Max operators allowed passengers to book away from the type. Media reports were awash with stories...

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Issue No. 827

Lufthansa’s Mixed Bag

The three biggest European airline groups have reported their second-quarter earnings results, and it's the same mixed bag for Lufthansa as it was for IAG and Air France/KLM. Leisure markets are booming, while longhaul and business are a fraction of...

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Issue No. 826

Europe’s Tepid Summer

Second-quarter and first-half earnings for European airlines have proved to be a mixed bag. While their U.S. counterparts pop open champagne and say the worst of the crisis is over, European airline CEOs are more measured. Some markets, like Spain,...

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Issue No. 825

Will Delta Bring Out the Bears?

Alaska, American and Southwest all reported profits in the June quarter, albeit with the beneficent help of Uncle Sam, with the steady return of U.S. travelers giving them — and United — optimism for the recovery this fall. In fact,...

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Issue No. 824

Delta Kicks Off June Quarter Results

We kick off June quarter earnings with Delta Air Lines, who had a rosy outlook for the recovery — at least in the U.S. The carrier turned a profit in June, and expects the black ink to continue to flow...

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Issue No. 823

Canada’s Airlines Awaken

At long last, Canada has begun to relax some Covid-19 restrictions on domestic and international travel. For much of this year, the country had had among the strictest rules, requiring travelers to provide test results and quarantine in government-approved hotels...

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Issue No. 822

Colombian Airlines Plot Post-Pandemic Course

Colombia is in the grips of a terrible new wave of Covid-19, with the number of cases higher than it was a year ago. But that's not stopping the government from encouraging airlines to add more international routes. A host...

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Issue No. 821

Kelly Hands Over LUV’s Reins

It’s the end of Southwest’s Kelly era, as CEO Gary Kelly gets set to pass the torch to Robert Jordan, the carrier’s current executive vice president of corporate services. Kelly, of course, took the mantle shortly after Southwest’s legendary founder,...

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Issue No. 820

Cargo Proves Its Lasting Value

Airlines rediscovered freight during the pandemic. Well, that's not strictly true: Cargo always has been an important revenue stream. But with the surge in e-commerce during the pandemic, maritime shipping's bottlenecks, and factories rushing to restock, one of the least...

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