Issue No. 899
Champion of the Americas
Copa Is Back to Its Exceptional Pre-Pandemic Profits
Pushing Back: Inside the Issue
Any doubts about Air India’s ambition to become a leading global airline? Not after the massive order for Airbus and Boeing planes it announced last week. In the earnings space, Air Canada still can’t seem to figure out how to make money in the winter. Norwegian, another wintertime struggler, is nevertheless showing signs of promise as it seeks to prey on SAS’s misfortunes. Finnair has many misfortunes of its own but likewise showed signs of progress last quarter. And, Copa … Wow. Enough said.
More earnings this week, including a look at why Air France posted higher margins than KLM, the latter being Air France-KLM's historically stronger performer. Also, perhaps some news on the unfolding Viva Air saga in Latin America? Will one of its many suitors execute a takeover? There could be some news as well from regulators on pending merger deals, including JetBlue’s plan to buy Spirit and Korean Air’s plan to buy Asiana.