Singapore Airlines and Copa Airlines were two champions of the December quarter with standout financial results. What set them apart from the pack? Edward Russell and Jay Shabat discuss on the Airline Weekly Lounge. Reading List Singapore Airlines Looks Beyond Strong Profits to Big Things From Air India Deal Copa’s Stars Aligned in Fourth Quarter
Spirit Airlines lags other U.S. airlines in financial performance. In fact, it lost money last year while most of its peers produced profits. Can it fix its cost problems and restore order? Edward Russell and Jay Shabat discuss on the latest Airline Weekly Lounge. Plus, is Azul in trouble? Reading List Spirit Airlines Struggles to Control Costs as It Awaits Fate of JetBlue Merger Brazil’s Azul Eyes Potential Restructuring Chile’s JetSmart Enters Fray as Potential Spoiler to Viva Air-Avianca Merg...
A goodbye to the Boeing 747, the Queen of the Skies. The planemaker delivered the last off the line of the iconic jumbo jet to Atlas Air on Tuesday. Reading List Skyfaring: A Journey with a Pilot by Mark Vanhoenacker Atlas Air celebrates the final 747 delivery with a tribute to the Queen (Flightradar24)
It's a busy earnings week with American, Southwest, Alaska, and JetBlue all reporting. Edward Russell and Jay Shabat preview what they're listening for ahead of the airline calls on Thursday, January 26. Plus, EasyJet's strong December quarter revenues suggest their network shift to southern Europe is working. Reading List American Airlines Sees First Full Year of Profitability Since 2019 Southwest Airlines Vows to Return to Recovery Plan by March After Meltdown Alaska Airlines’ Exposure to Tech...
Was that a hint of an Irish accent when United Airlines CEO Scott Kirby took down the U.S. industry for being unprepared for the post-Covid operating reality? Edward Russell and Jay Shabat discuss. Plus, the U.S-China air service recovery is in the hands of government officials. Reading List United CEO Says U.S. Airline Industry Unprepared for Post-Pandemic Realities by Edward Russell Geopolitics Get in Way of Resuming U.S.-China Flights as Demand Surges by Edward Russell
Welcome to fourth quarter airline earnings season. Oil prices have come down from the peak of the year but labor costs are climbing as the system of pulleys and levers that determine the industry's costs continue to fluctuate. Edward Russell and Jay Shabat discuss what they're looking at as airlines report. Plus, the ongoing evolution in air service to small cities across the U.S. Read this week’s issue of Airline Weekly: https://airlineweekly.com/issues/ Read the latest aviation headlines at AW...
Southwest Airlines had a terrible, horrible, no good, very bad holiday season. The cancellation of 15,000-plus flights between Christmas and New Years will weigh on its fourth quarter results, but consumers' memories are short and the airline will survive. Edward Russell and Jay Shabat discuss. Plus, what European country does Eurocontrol's latest data show led the continent's air traffic recovery last year? Further Reading: European Airlines Could Face Steep Operational Challenges in 2023 by Ja...
It's been quite the year in aviation. From Covid variants to staffing shortages and flight disruptions, and industry dealmaking, 2022 took us for some interesting turns — but then what year does not? Edward Russell and Jay Shabat discuss what they'll be following in the New Year. Enjoy the last Airline Weekly Lounge episode of 2022. Read daily coverage of the airline industry at https://airlineweekly.com/aw-daily/ Subscribe to Airline Weekly at https://airlineweekly.com/subscribe/
Delta Air Lines and United Airlines unveiled ambitious plans this week. The latter ordered up to 300 new Boeing aircraft, 200 of them 787s. CEO Scott Kirby claims the deal will cement United's status as the so-called U.S. flag carrier. And the former aims to recover its pre-pandemic profit margins in just two years. Can Delta and United do it? Edward Russell and Jay Shabat discuss in the 'Lounge. Read more about United and Delta on Skift. For deeper insights into aviation, subscribe to Airline W...
Labor is making big headway at U.S. airlines. The Air Line Pilots Association reached an agreement-in-principal with Delta Air Lines in a deal that could set a new benchmark for pilot pay if ratified. Edward Russell and Jay Shabat discuss the ramifications this week. Plus, IATA's brightening financial outlook for 2023. Read more about Delta Air Lines at Skift: https://skift.com/tag/delta-air-lines/ Get essential airline industry news at https://airlineweekly.com/
EasyJet is making good on its recovery plan. From expanding at slot-constrained airports like Lisbon and opening new seasonal bases in Greece, the airline is on its way back to the black. Edward Russell and Jay Shabat discuss EasyJet's results for the fiscal year that ended in September. Plus, the Air India-Vistara merger. You can read more about EasyJet at Skift. For in-depth coverage of aviation, subscribe to Airline Weekly.
Airlines want more planes to meet travel demand but, with supply chains backed up, there are few new models to go around. That's good news for aircraft lessors with more than 90 percent of leases being renewed, up from around 60 percent historically, Air Lease Corp. Executive Chairman Steven Udvar-Hazy said at the Skift Aviation Forum. Listen to Airline Weekly Editor Edward Russell's discussion with Udvar-Hazy at the forum.
Thanksgiving travel in the U.S. is back, said Airlines for America President and CEO Nicholas Calio. But while it will be as busy as it was three years ago, it will also be different as more people take blended trips and make it a Thanksgiving week. Calio and Edward Russell discuss the holiday outlook, plus the U.S. industry's recovery, operations, and air traffic control staffing. For daily coverage of the airline industry follow along at https://airlineweekly.com/aw-daily. For deep coverage of...
Turkish Airlines had a blowout third quarter. The airline's revenues and capacity are way up from 2019 with no pause in sight. Edward Russell and Jay Shabat discuss Turkish's outlook. Plus, Ryanair's cautious outlook despite surprisingly robust travel demand. Get more aviation insights and subscribe to Airline Weekly. Read more about airlines at Skift.com.
Air France-KLM wants TAP Air Portugal, but so does International Airlines Group. IAG also wants Air Europa, and maybe even EasyJet. And the Lufthansa Group is back in play for ITA Airways. Edward Russell and Jay Shabat discuss the outlook for Europe's Big Three airline groups and their latest merger machinations. Plus, the outlook from Emirates. Get more aviation insights and subscribe to Airline Weekly. Read more about airlines at Skift.com.
Who would have thought three years ago that we'd be talking about the bright future for Norwegian Air? One restructuring and pandemic later, and the discounter is profitable and taking corporate travel share from competitor SAS. Edward Russell and Jay Shabat discuss the news from the Nordics, plus Hawaiian Airlines' continued struggles. Get more aviation insights and subscribe to Airline Weekly. Read more about Norwegian Air at Skift.com.
Latin American airline executives are mostly bullish on the near-term outlook but, given their exposure to the strong U.S. dollar and other macro pressures, are cautious about what the new year may hold. Edward Russell and Jay Shabat discuss the forecast from the ALTA Leaders Forum in Buenos Aires this week, plus American and United's third quarter results. 11:34
Delta Air Lines CEO Ed Bastian claimed this week, after his airline reported a robust third quarter profit and sees seemingly unsated demand, that travel is "countercyclical" to the economic winds. And he's not alone, International Airlines Group and United Airlines have separately said they see no signs of travel demand waning. Edward Russell and Jay Shabat discuss Bastian's prognosis, plus what's up in Amsterdam.
What's the ado with Austin, Cancun, Ho Chi Minh City, Paris Orly, and Riyadh? All of the airports are seeing tremendous growth above pre-pandemic levels. Edward Russell and Jay Shabat discuss why. Plus, Boeing's 737 Max: the good news and bad news.
The "real revenue growth" at American Airlines is in blended trips, or travel that includes both business and personal aspects, Chief Commercial Officer Vasu Raja said at the Skift Global Forum earlier in September. Nearly half of the airline’s revenues now come from these blended trips. What’s more, this new classification of trip is driving the carrier’s revenue growth more than anything else today. “What the pandemic really unlocked, and the recovery from it, is the great merging,” Raja said....
The U.S. travel recovery is strong, and maybe nearly complete. If there is one airport that epitomizes the strength of the leisure-first recovery, it is Orlando where seemingly endless domestic demand before the pandemic has translated to much the same post-pandemic. Listen to Edward Russell discuss the state of the industry with moderator Racquel Asa, chief marketing officer at Beep, at an event marking the opening of the airport's new $2.8 billion Terminal C. Also, chilaquiles.
Is Indian aviation's moment here? Air India under Tata ownership has a deal for new airplanes, while the country's largest airline, IndiGo, keeps growing and several new startups are adding new competition to the market. Edward Russell and Jay Shabat discuss, plus the Tijuana Airport's Cross Border Xpress bridge to the U.S. and how its changing California-Mexico travel.
Chinese airlines struggled mightily during the first half of the year under the country's zero-Covid policy. The Big 3 all lost money but China Eastern, based in Shanghai — which suffered several lockdowns — lost the most. Edward Russell and Jay Shabat discuss the situation and how it may be turning around. Plus, Orlando Airport's new $2.8 billion terminal.
What does post-pandemic life like for a destination carrier like Hawaiian Airlines? CEO Peter Ingram joins Edward Russell to discuss the airline's recovery and outlook, including the long-awaited reopening of Japan. Plus, what Hawaiian might do with the new Boeing 787s that arrive soon.
Flying through London is getting a little better with the end of capacity caps at Gatwick Airport. But constraints remain in place at Heathrow until the end of October, and British Airways has already reduced its schedules through the winter. And always eager Ryanair is ready with more seats to grab market share, Edward Russell and Jay Shabat discuss the situation. Also, American Airlines' regional strategy.
The Lufthansa Group has spent the better part of 20 years trying to improve its fortunes through consolidation. Some deals, like of Swiss, have been winners, others, like of Austrian and Brussels, not so much. Edward Russell and Jay Shabat discuss Lufthansa's aim, and what a potential ITA Airways deal could mean for the group. Also, what's in the Inflation Reduction Act for airlines.
Meet Steve Sisneros, the airport czar at Southwest Airlines. As vice president of airport affairs, he oversees current and future real estate at the carrier's 121 airports. Edward Russell and Sisneros chat about Southwest's new facilities in Denver and Phoenix, and the status of Terminal 0 plans in Los Angeles.
Southwest Airlines had a secret weapon in the second quarter: Its fuel hedges. That helped propel it to an impressive 17% operating margin. High oil prices pulled down the results of most other U.S. airlines during what was an otherwise strong quarter. Also, Edward Russell and Jay Shabat discuss what’s next for JetBlue and Spirit now that they’ve agreed to merge.
Airlines globally will need more than 41,000 aircraft over the next 20 years, according to Boeing's latest outlook. Edward Russell sat down with Boeing's Vice President of Commercial Marketing Darren Hulst at the Farnborough Air Show to discuss the outlook. Also, what is Boeing's response in the so-called middle-of-the-market that Airbus has run away with with its A321neo? Get more essential airline news at Airline Weekly.
What's travel like in the U.S. now? Busy and, in some cases, like a T.J. Maxx, The Wall Street Journal's new travel columnist Dawn Gilbertson told Edward Russell of her 11 flight, six airline "stress test" of the system over the July Fourth holiday weekend. We also chat with her about her role and her view on covering airlines and the travel industry.
