Issues

Q1 earnings season started off pleasantly enough: Delta showed nice profits. United showed nice profits. Last week, by contrast, American, Southwest, and Alaska all revealed Q1 losses. As you’ll read below, the news wasn’t all bad. Premium demand, for example, seems still immune from the brewing economic storm. Fuel prices, meanwhile, are exactly where airlines want them to be: In the basement.

Brand loyal. Brand loyal. Brand loyal. Say that 31 times. Then again? You don’t need to. United already did. No kidding. In its Q1 earnings call last week, United repeated the phrase over and over, keen to underscore one of its chief arguments: That it is winning with travelers who care about more than just price. In this week's feature story, we crunch through the commentary from Kirby and Co.

The whole world was watching. On Wednesday, Delta became the first major U.S. travel company to report first quarter earnings. What would it say about the crisis in confidence unfolding throughout the U.S. economy? How much worse have things gotten in the past month, since Delta first warned about deteriorating demand trends?

Alright, so here we go again. Something’s gone awry in the world, and airlines are among the first to feel it. Following last week’s U.S. plan to essentially dismantle the global trading system, uncertainty has reached a fever-pitch. In this week's feature story we deep-dive into one of the thorniest battles in this emerging economic conflict, and ask how (or perhaps, if) Canada's airlines can come out fighting.

Is there ever a good time to start a new airline? Certainly not during a pandemic. Recurrent airline founder David Neeleman launched Breeze Airways in May 2021, a month in which U.S. airports handled just 50 million passengers. Last May, for perspective, they handled 80 million. In this week's feature story we examine the opportunities and the stubborn challenges of this plucky outlier that doesn't mind flying against the wind.

What’s Turkey’s largest airline? Of course, it’s Turkish Airlines. But don’t overlook another Turkish carrier that’s growing and profiting at least as impressively...

A longterm plan to rightsize the federal government and reindustrialize the U.S.? Or economic suicide? To large swathes of corporate America right now, it feels like the latter. Tariff uncertainty and mass layoffs are rattling consumer and business confidence while erasing trillions in value from stock markets. Are airlines affected? As America’s largest carriers made clear last week, the answer is an emphatic yes.  

British Airways earned a $2.6 billion operating profit in 2024. Its rival Lufthansa lost almost $100 million. In this week's feature story we find out what's going so right at BA.

Ready for a shakeup? India’s international airline markets are about to change, big time. India’s own airlines want a bigger piece of the pie. Foreign carriers see the pie getting larger. Even distant low-cost carriers like Wizz Air want a taste. In this week's feature story, we examine who will be the likely winners and losers.

For an airline, the closest thing to happiness is cheap fuel. No wonder so many American carriers are smiling. During the final quarter of 2024, U.S. airlines enjoyed a roughly 20% drop in jet fuel prices.