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

Episoder(422)

Airline Weekly Lounge Episode 72: Good Is Good Enough

Airline Weekly Lounge Episode 72: Good Is Good Enough

The earnings picture for U.S. carriers in the first quarter was much worse than last year’s Q1—but that doesn’t mean it wasn’t good. It was indeed good—and good is good. Their success comes while wres...

10 Mai 201737min

Airline Weekly Lounge Episode 71: Delta Keeps Dealing

Airline Weekly Lounge Episode 71: Delta Keeps Dealing

Delta saw its operating profit margin slashed severely in the first quarter compared to last year’s Q1. Nonetheless there are plenty of reasons to smile—that’s how good things are at Delta right now—i...

25 Apr 201733min

Airline Weekly Lounge Episode 70: Virgin Sacrificed

Airline Weekly Lounge Episode 70: Virgin Sacrificed

The merger of Alaska Airlines and Virgin American is now well under way and begs the question: How is the integration taking shape? In a word: rosy. Of course, Alaska will be sacrificing the Virgin br...

11 Apr 201738min

Airline Weekly Lounge Episode 69: Lackluster Lufthansa

Airline Weekly Lounge Episode 69: Lackluster Lufthansa

When is a $2 billion annual profit disappointing? Answer: When you’re a giant airline group like Lufthansa, and $2 billion amounts to a mere 5% operating margin—and that lackluster result comes despit...

28 Mar 201731min

Airline Weekly Lounge Episode 68: Turkey’s Tough Times

Airline Weekly Lounge Episode 68: Turkey’s Tough Times

Once again we consider the ongoing demand problems in Turkey. The numbers are in, and they’re not pretty. Turkish Airlines posted a $300 million loss in 2016. Pegasus Airlines chipped another $50 mill...

15 Mar 201731min

Airline Weekly Lounge Episode 67: IAG Outperforms

Airline Weekly Lounge Episode 67: IAG Outperforms

With its fourth quarter results and a standout 2016, IAG, the airline group that includes British Airways, Iberia, Aer Lingus and Vueling, continues to separate itself from the other two members of Eu...

28 Feb 201734min

Airline Weekly Lounge Episode 66: Searching for Positives

Airline Weekly Lounge Episode 66: Searching for Positives

Air France/KLM had some good news in 2016. For one thing, its Transavia unit broke even. Also, KLM made a decent profit. But the story is rather disappointing from there, with the group posting a mere...

22 Feb 201737min

Airline Weekly Lounge Episode 65: LCCs' Strong Finish

Airline Weekly Lounge Episode 65: LCCs' Strong Finish

Europe certainly has its share of struggling airlines, but Ryanair, easyJet and Wizz Air are not among them. And for Ryanair and Wizz, fourth quarter earnings simply topped off a triumphant 2016. (eas...

14 Feb 201734min

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