Skift Airline Weekly

Numbers were put to the misery South African Airways has been experiencing when, last month, the airline finally reported earnings for its fiscal year ending in March 2017. Those numbers included a gut-wrenching negative 9% operating profit margin on the year. “Crisis” isn’t too strong of a word. What is SAA doing to turn things […]

Air France/KLM and Lufthansa have a lot in common, including the fact that both distantly trail IAG (the parent company of British Airways, Aer Lingus, Iberia and Vueling) in terms of profitability among Europe’s Big Three airline groups. What does IAG have that the others don’t? Meanwhile, Virgin Atlantic turned in a profitless 2017 partly […]

Life is good in Australasia—especially if you’re Qantas or Air New Zealand. Both carriers are enjoying a bit of a golden age that stems from good management and some macro tailwinds. Meanwhile, Virgin Australia, seemingly unable to catch those tailwinds, drifted toward a disheartening 2% operating profit margin in 2017. Scandinavia’s SAS, meanwhile, had a […]

Not only does Ryanair keep on rolling, it seems to be gaining speed. Its full-year 2017 operating profit margin will almost certainly be the world’s best after every airline has reported. Ryan-like Wizz Air is also among the world’s profit leaders despite paying a lot more for fuel than last year. Korean Air and Asiana […]

With the bulk of U.S. airlines having now reported fourth quarter earnings, what has unfolded is largely a success story. 2017 wasn’t as good as 2015 or 2016, but it was generally good. Gone are the exhilarating margins of 25% and 27%. Instead we’re seeing healthy margins of 17% and 19%. Delta continues to set […]

Delta’s 2017 profits were down slightly from the glory days of 2015 and 2016. But make no mistake: This airline is performing very well. Consider that fuel prices increased 23% in the fourth quarter, and the airline was still slightly more profitable in the quarter year over year. The transatlantic market is performing well. The […]

Just a few years ago, the often-troubled SAS was merely inches away from seeing its light burn out permanently. Since then the airline has rallied. This past October the airline completed its best fiscal year in two decades. Is the airline merely surfing the buoyant European economy? Or is it building long-term success? Finnair is […]

Jet Airways had a pretty mediocre third quarter. Still, there are plenty of signs of hope for the often troubled airline. In fact, Jet has posted 10 consecutive profitable quarters. India’s low-cost carrier IndiGo, meanwhile, is raking in double digit profit margins. And SpiceJet—an airline that fairly recently had buzzards circling above it—had its best […]

European low-cost carrier easyJet isn’t doing as well as competing LCCs Ryanair and Wizz Air. But make no mistake: easyJet is doing well. The airline’s 20% operating profit margin for the April-through-September period puts it among the most profitable carriers in the world at the moment. In the U.S., Delta and Alaska Airlines have been […]

The third quarter is usually a splendid time for airline profits in Europe, and this year has been no exception. Ryanair is more than surviving its recent bout of operational difficulties, having turned in a stellar earnings report. Europe’s Big Three all improved year-over-year with IAG posting its biggest quarterly profit margin to date. Air […]