September 19, 2017
Jet Airways didn’t give up the ghost. Instead, it rose from the hospital bed and plodded toward recovery, and today the Indian airline is the proud owner of a profit streak of nine consecutive quarters. How did Jet avoid its near-death experience?
Speaking of near death, Air Berlin is watching its planes get repossessed, its pilots strike and its time run short. Meanwhile, easyJet is interlining with Norwegian, WestJet and surely others to be named later. Why is this a particularly good move? Also, why are some U.S. airlines retreating from Cuba, while others are running toward it? Lastly, United is now forecasting a severely diminished third quarter, and the reasons are many—and most are solvable.
September 5, 2017
Cathay Pacific has seen all its oxygen sucked out of the room by the hyper growth of the Chinese carriers. Is there anything to be done? Sometimes waiting is the best option. Australia has two major airlines with two very different stories to tell. While Qantas is enjoying a golden age, Virgin Australia is a tragic tale in the making.
Meanwhile, Air New Zealand, taking advantage of some of the same forces lifting Qantas, had a second quarter it could be proud of despite a 21% increase in fuel costs. Air Canada and WestJet are benefiting from a strong home economy, but the aggressive growth of both airlines might be stunting profits a bit. Lastly, Allegiant is looking for profits not just in the sky, but in real estate.