November 29, 2017
European low-cost carrier easyJet isn’t doing as well as competing LCCs Ryanair and Wizz Air. But make no mistake: easyJet is doing well. The airline’s 20% operating profit margin for the April-through-September period puts it among the most profitable carriers in the world at the moment.
In the U.S., Delta and Alaska Airlines have been waging a battle for Seattle for years. And more recently, Delta and JetBlue are brawling in Boston. Is it possible all three airlines are making money at these highly contested airports? LATAM continues to rebound from the Brazilian recession. Avianca had a good summer despite labor strife and ending service to Venezuela. Finally, we close this episode looking at some growing and slowing airports.
November 15, 2017
The third quarter is usually a splendid time for airline profits in Europe, and this year has been no exception. Ryanair is more than surviving its recent bout of operational difficulties, having turned in a stellar earnings report. Europe’s Big Three all improved year-over-year with IAG posting its biggest quarterly profit margin to date. Air France/KLM and Lufthansa are enjoying a slowdown in encroachment by the Gulf carriers. Icelandair and Finnair are making the most of their warm months. And Norwegian at least made money—just not enough. Air Canada continues to edge out its rival WestJet, but both were highly profitable. The same could be said for rivals Japan Airlines and All Nippon, with JAL winning that competitive and profitable race. Click here to subscribe to podcast. –Jason Cottrell Subscribe to Podcast | Listen Whenever: iTunes | Stitcher