The U.S. Air Travel Recovery Flatlines

The U.S. Air Travel Recovery Flatlines

If one thing's clear from the airlines that have reported third-quarter results it's that the U.S. domestic travel recovery has plateaued. That's not necessarily bad, passenger numbers are above 2019 levels, but the industry's higher cost structure could make a low-growth environment challenging. Edward Russell and Jay Shabat discuss. Plus, the latest from Routes World in Istanbul. Reading List American Airlines Had a Rough Quarter, but Points to 2024 Tailwinds United Faces Higher Costs – and What Else We Learned on the Earnings Call Air France-KLM’s SAS Takeover: Do Copenhagen, Oslo, and Stockholm Hubs Stay? Fast-Growing Istanbul Airport Wants More Budget Airline Competition AirAsia, Chastened from Pandemic Losses, Takes Disciplined Approach to Growth Royal Jordanian, Wizz Air Weigh Costs of Israel-Hamas War

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Episoder(428)

Airline Weekly Lounge Episode 110: A Mess in Mexico

Airline Weekly Lounge Episode 110: A Mess in Mexico

More and more people are traveling by air in Mexico, but Mexico’s airlines continue to struggle. All four of its main carriers had a disappointing 3rd quarter, which is historically peak season. VivaA...

21 Nov 201845min

Airline Weekly Lounge Episode 109: Happy at Heathrow

Airline Weekly Lounge Episode 109: Happy at Heathrow

Of Europe’s “Big Three” airline groups, International Airlines Group (IAG) continues to significantly outperform the other two, namely Air France/KLM and Lufthansa Group. A big part of IAG’s success i...

13 Nov 201829min

Airline Weekly Lounge Episode 108: Is American Airlines OK?

Airline Weekly Lounge Episode 108: Is American Airlines OK?

American Airlines truly set itself apart from its peers in the third quarter—and not in a good way. AA posted a dismal 7.5% operating profit margin, nearly half of Delta’s 13.9% margin. But, with good...

31 Okt 201833min

Airline Weekly Lounge Episode 107: Amazing Race

Airline Weekly Lounge Episode 107: Amazing Race

Delta is doing a remarkable job keeping pace with rapidly rising costs. Sure, the airline’s third-quarter fuel bill rose 35% year over year. But rising revenues offset enough of those costs that Delta...

17 Okt 201822min

Airline Weekly Lounge Episode 106: Not So Sunny at Sun Country

Airline Weekly Lounge Episode 106: Not So Sunny at Sun Country

Sun Country is largely missing out on the golden age that U.S. carriers have been basking in since 2015. In the past 12 months (ending with the second quarter, the most recent to be reported) all the ...

4 Okt 201844min

Airline Weekly Lounge Episode 105: Satisfaction in Sydney

Airline Weekly Lounge Episode 105: Satisfaction in Sydney

Qantas continues to romp. In the first half of 2018, the flying kangaroo posted a 9% profit margin—one point better than in the same period last year. And with that, Qantas is working on its fourth co...

12 Sep 201836min

Airline Weekly Lounge Episode 104: Better, But Not Good

Airline Weekly Lounge Episode 104: Better, But Not Good

Revenues and margins improved for Cathay Pacific in the first half of 2018, and the second half is usually better for Cathay. Still, will it be enough to lift the Hong Kong carrier out of its malaise?...

28 Aug 201833min

Airline Weekly Lounge Episode 103: Canadian Conundrum

Airline Weekly Lounge Episode 103: Canadian Conundrum

Thanks to rising costs, it’s no surprise profits have declined at Air Canada and WestJet. But rising costs alone don’t explain how these Canadian carriers continue to consistently underperform their U...

14 Aug 201837min

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