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 30: Qantas' Boomerang Effect

Airline Weekly Lounge Episode 30: Qantas' Boomerang Effect

After hitting the floor in 2013, Qantas, has—like a boomerang—come all the way back and more. In fact, the Australian carrier set an annual profit record in 2015. Despite enjoying the same advantages ...

8 Mar 201628min

Airline Weekly Lounge Episode 29: IAG Has all the Right Moves

Airline Weekly Lounge Episode 29: IAG Has all the Right Moves

IAG, the airline group that includes British Airways, Iberia, Vueling and Aer Lingus, is continuing its run of success—a run that probably has peers such as Air France/KLM and Lufthansa feeling a bit ...

2 Mar 201624min

Airline Weekly Lounge Episode 28: The French Correction

Airline Weekly Lounge Episode 28: The French Correction

What’s it gonna take to fix Air France/KLM? The airline group has a number of problems—from labor inflexibility to a soft French economy—all in a very competitive part of the world. But there are reas...

24 Feb 201629min

Airline Weekly Lounge Episode 27: Profits Cool in Scandinavia

Airline Weekly Lounge Episode 27: Profits Cool in Scandinavia

Finnair, Norwegian and Icelandair all had rather forgettable off-peak fourth quarters, but not because of the chilly weather they are all enduring. Rather, each has a unique set of challenges and oppo...

17 Feb 201623min

Airline Weekly Lounge Episode 26: Singapore's Swing

Airline Weekly Lounge Episode 26: Singapore's Swing

Singapore Airlines swung back to solid profits in 2015. Does this turnaround mean the airline is returning to its former glory, not seen since 2010? Or are low fuel prices just making everyone look go...

10 Feb 201622min

Airline Weekly Lounge Episode 25: JetBlue Breaks Out

Airline Weekly Lounge Episode 25: JetBlue Breaks Out

JetBlue’s big fourth quarter was kind of a big deal. Low oil prices essentially mean that every airline is making money right now, but JetBlue’s 21% operating margin is about more than just oil prices...

3 Feb 201635min

Airline Weekly Lounge Episode 24: Rapidly Receding Revenues

Airline Weekly Lounge Episode 24: Rapidly Receding Revenues

Where Delta’s revenues were relatively resilient, United’s are rapidly receding, at least in the fourth quarter. In Episode 24—informally “part two” of U.S. earnings season—we discuss the sources of U...

27 Jan 201631min

Airline Weekly Lounge Episode 23: Relatively Resilient Revenues

Airline Weekly Lounge Episode 23: Relatively Resilient Revenues

Delta kicked off earnings season with—yawn—another record-breaking fourth quarter highlighted by a pre-tax profit that starts with a “b” (and ends with an “illion.”) The success is coming from a lot o...

20 Jan 201626min

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