Articles tagged “Asia-Pacific”

As is so often the case in the airline industry — even when revenues climb, profits can still experience a notable descent.

Down. Down. Down. In 2024, Japan Airlines saw its annual profit margins drop again. Putting aside the pandemic-blemished period, JAL’s profitability declined for a sixth consecutive year. Last week, it posted a 7% operating margin for calendar year 2024. Not just down versus 2023, but a far cry from its 15% heyday. What’s happening? In this week's feature story we ask if the double-digit margins are gone forever and if JAL can turn things around.

Ten years ago, Airline Weekly published a story about Taiwan’s booming airline traffic. East Asian economies were growing rapidly, low-cost carriers were expanding aggressively, and Emirates had just launched services linking Taipei with its Dubai mega-hub. Today, as 2024 nears its end, Taiwan’s airline market is again flourishing, however the dynamics are rather different. In this week's feature, we examine the key factors driving impressive margins and double-digit growth.

Talk about bad luck. Greg Foran’s first day as chief executive of Air New Zealand was February 3rd, 2020. Barely a month later, the Covid virus all but grounded the airline’s passenger business. The crisis would end. But Foran’s luck didn’t get much better. Today, about 16% of ANZ’s jet fleet is grounded due to engine issues, affecting both B787s and A320-family Neos. Despite the woes, Foran and his team are bullish about the carrier's prospects, as we discover in this week's feature story.

Recorded at the Skift Global Forum East held in Dubai earlier this month, AirAsia CEO Tony Fernandes speaks to Skift Asia Editor, Peden Bhutia. In a wide-ranging conversation, the pair…

A defining characteristic of the AirAsia empire has always been its corporate complexity. Now it stands to simplify by bringing AirAsia and AirAsia X together as one, while leaving aside…

Ten years ago Qantas was struggling. Dangerously thin profits, if not outright losses in some periods, drove its then-CEO Alan Joyce to undertake controversial cost-cutting measures. Fast forward to 2024, and Qantas is earning higher margins now than before the pandemic. With a new leadership team in place, Qantas believes things will get even better. In this week's feature story we separate the facts from the marketing fluff and ask what the future holds for the Flying Kangaroo.

Australia’s Qantas is flying high once again, but will its 'Project Sunrise' ultra-long haul endeavors be worth the time and effort?

It wants oh so badly to beat Delta. But it will have to try again in Q3. In Q2, United delivered solid profits. But Delta’s margins were still a bit…

In part one of this week's podcast, Gordon Smith and Jay Shabat discuss Q2 results from Delta Air Lines and Norwegian, looking for clues as to what the future could…