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When we fly, most of us have no idea what kind of plane we're on, we just get in and go. Travel and airline journalist Edward Russell tells us what kinds of planes dominate the U.S. market, why they dominate the market, how long planes stay in circulation, and the process for buying, selling, and regulating big ol' jet airliners. Plus: America's best small airport, one thing he'd change about the check-in process, and the biggest change facing the airline industry.https://byerussell.substack.com/
Linking the Travel Industry is a business travel podcast where we review the top travel industry stories that are posted on LinkedIn by LinkedIn members. We curate the top posts and discuss with them with travel industry veterans in a live session with real audience members. You can join the live recording session by visiting BusinessTravel360.com and registering for the next event.Your Hosts are Riaan van Schoor, Ann Cederhall and Aash Shravah.Stories covered on this session include -In the UK, American Express Global Business Travel has been granted a Rail Delivery Group Travel Agent Licence, allowing them to not only sell National Rail products but also offer refunds and customer care on those products. The Landline Company gains Air Canada as it's 4th airline customer. Edward Russell tells us more....whilst Canadian airline Lynx Air announce they are to shut down.SAF (Sustainable Aviation Fuel) mandates in Singapore will result in airfare increases. UK based agency for the film and entertainment industry TAG expand their US operations with the acquisition of ATLANTIS TRAVEL & TOURS. The new Turkish Airlines wallet may not be all it seems to be. See why Seth Miller thinks so. The American Airlines move to force buyers into their preferred channels caused a great, divided debate on here. If you follow me you know where I stand on this; Mark Ross-Smith is on the same page and his post sums it up exceptionally well for me.You can subscribe to this podcast by searching 'BusinessTravel360' on Google Podcast, Apple Podcast, iHeart, Pandora, Spotify, Alexa or your favorite podcast player.This podcast was created, edited and distributed by BusinessTravel360. Be sure to sign up for regular updates at BusinessTravel360.com - Enjoy!Support the show
Edward Russell, former Doctor Who Brand Manager, joins us this week for an epic interview, giving us a deep-dive into the formative years of Doctor Who's 21st century revival!Between 2006 and 2017 Edward's influence extended across pretty much anything Doctor Who releated that we either read, listened to, watched, played with or went to!In this episode, we talk about...Being a conductor between people working on DWSmash Hits, Madonna and KylieWorking with the BBC to manage one of their top brandsFairly representing all DoctorsAppealing to a wide audience of fansPutting out trailers during football gamesMarketing discussionsGood DW merch and not so good merchDoctor fameThe prospect of another cancellationWorking with David, Matt and Peter and their first meetings with EdwardTouring the country with Matt and KarenTouring the world with Peter and JennaPutting on Symphonic Spectaculars, 50th Celebrations and other eventsWatching the new episodes... All this and so much more!Support the show Subscribe to Who Corner to Corner on your podcast app to make sure you don't miss an episode! Now available to watch on YouTube! Join the Doctor Who chat with us and other fans on Twitter and Facebook! Visit the Who Corner to Corner website and see our back catalogue of episodes! Enjoying what we do? Consider joining our Explorers Subscription plan for more content! Who Corner to Corner: Great guests and 100% positive Doctor Who chat!
A* Le 25 octobre 1694 : la cocktail party de l'Amiral Russell Cette semaine, nous embarquons à bord d'un des yachts de la Marine Royale anglaise à la suite de l'amiral Edward Russell et de sa flotte - un voyage qui va nous conduire au 17e siècle en pleine guerre de 9 ans à Cadix, en Espagne, où se prépare la cocktail party du siècle... Sujets traités : Edward Russell, amiral, cocktail party, Marine Royale , anglaise,,flotte, Cadix Merci pour votre écoute Un Jour dans l'Histoire, c'est également en direct tous les jours de la semaine de 13h15 à 15h sur www.rtbf.be/lapremiere Retrouvez tous les épisodes d'Un Jour dans l'Histoire sur notre plateforme Auvio.be : https://auvio.rtbf.be/emission/5936 Et si vous avez apprécié ce podcast, n'hésitez pas à nous donner des étoiles ou des commentaires, cela nous aide à le faire connaître plus largement.
Subscriber-only episodeEdward Russell, former Doctor Who Brand Manager, joins us this week for an epic interview, giving us a deep-dive into the formative years of Doctor Who's 21st century revival!Between 2006 and 2017 Edward's influence extended across pretty much anything Doctor Who releated that we either read, listened to, watched, played with or went to!In this episode, we talk about...Being a conductor between people working on DWSmash Hits, Madonna and KylieWorking with the BBC to manage one of their top brandsFairly representing all DoctorsAppealing to a wide audience of fansPutting out trailers during football gamesMarketing discussionsGood DW merch and not so good merchDoctor fameThe prospect of another cancellationWorking with David, Matt and Peter and their first meetings with EdwardTouring the country with Matt and KarenTouring the world with Peter and JennaPutting on Symphonic Spectaculars, 50th Celebrations and other eventsWatching the new episodes... All this and loads more!Watch this episode on YouTube - https://youtu.be/Rgu1yTczshc Subscribe to Who Corner to Corner on your podcast app to make sure you don't miss an episode! Now available to watch on YouTube! Join the Doctor Who chat with us and other fans on Twitter and Facebook! Visit the Who Corner to Corner website and see our back catalogue of episodes! Enjoying what we do? Consider joining our Explorers Subscription plan for more content! Who Corner to Corner: Great guests and 100% positive Doctor Who chat!
Boeing's 737 Max is back in the headlines for all the wrong reasons. An Alaska Airlines 737-9 lost a door plug after a sudden decompression on January 5 that prompted the FAA to temporarily ground all Max 9 variants with door plugs. Edward Russell and Jay Shabat discuss. Plus, JetBlue's leadership transition and outlook. Reading List Buttigieg on Boeing 737 Max 9's Return: ‘Until It Is Ready, It's Not Ready' Alaska Cancels 737 Max 9 Flights Through Saturday as It Awaits FAA Approval for Inspections United Airlines Finds Loose Bolts on At Least 5 Boeing 737 Max 9 Planes JetBlue Names Joanna Geraghty as CEO, First Woman to Lead a Major U.S. Airline
Episode Notes Choice Hotels has long relied on traditional broadcast and outdoor billboard advertising to drum up brand awareness. But the company is turning to streaming platforms including Spotify and using a touch of celebrity in its new year-long marketing campaign, reports Senior Hospitality Editor Sean O'Neill. Choice Hotels is experimenting with digital-video ads and podcast placements, which are cheaper than traditional TV sports, to better target demographic groups. The company will also feature Emmy winner Keegan-Michael Key in a set of six spots. Chief Marketing Officer Noha Abdalla said a celebrity like Key could help Choice Hotels grab consumers' attention quickly on TikTok in particular. Next, we turn to the fallout from the recent accident aboard an Alaska Airlines aircraft that's temporarily grounded certain Boeing 737 Max planes. Although Alaska and United Airlines both canceled hundreds of flights over the weekend, both airlines may not suffer a major financial hit from the grounding, reports Edward Russell, editor of Skift publication Airline Weekly. Raymond James analyst Savanthi Syth estimates that the financial hit from the grounding could be akin to that from a severe weather event. That's based on the belief that the Federal Aviation Administration will explain what airlines need to inspect, which would allow them to begin returning to service. Boeing provided airlines information on Monday on how to inspect the planes, according to Reuters. Finally, Indian online travel agency EaseMyTrip has suspended all flights to the Maldives in what the company's CEO called “solidarity with the nation,” reports Asia Editor Peden Doma Bhutia. Calls for boycotts of the Maldives have grown after many in India have accused Maldivian politicians of disparaging Prime Minister Narendra Modi. Modi sparked a social media controversy after urging Indian travelers to visit India's Lakshadweep Islands, where he recently traveled to. Bhutia notes angry tweets called Modi's Lakshadweep visit a suggestion to visit domestic destinations instead of the Maldives. India was the Maldives' largest tourism source market in 2023, with roughly 210,000 Indians visiting the archipelago. Episode Presenter and Producer: Jose Marmolejos
What does Air France-KLM think of the future? It's bullish. Jay Shabat and Edward Russell discuss the group's recent investor day. Reading List Air France-KLM Bullish on the Future TAP Air Portugal Sale Delayed Up To a Year, Air France-KLM CEO Says The Airline Weekly team outlines the significant changes at Air France-KLM since Ben Smith became CEO in 2018. The airline, which was underperforming compared to its peers, has seen considerable improvements, particularly in the operating margin of Air France, which was notably low in 2019. Key strategies discussed include the transformation of Air France's short-haul routes, particularly moving operations at Orly Airport to their low-cost carrier, Transavia France. This move aims to address the historic losses in domestic routes. They also touch on the expansion of the Flying Blue loyalty program and the integration of SAS's loyalty program. The hosts discuss the airline's fleet strategies, focusing on Air France KLM's preference for the Airbus A350 and Boeing 787 and 777 models, and the potential risks of relying heavily on a single aircraft type. Shabat and Russell also cover Air France KLM's business strategy, including their approach to fleet diversification and cost-cutting measures, and they speculate on potential future developments, like the acquisition of Air Europa if IAG's deal falls through, and the impact of Air France-KLM's stake in SAS. Hosts: Jay Shabat and Edward Russel Producer: Jose Marmolejos
Delta, JetBlue, and Southwest all dropped updates on the fourth quarter outlook in recent weeks. The verdict? Travel demand is good, fuel is down, and operations are largely better than expected. Edward Russell and Jay Shabat disucss. Plus, the state of airline labor relations in the U.S. Reading List Delta Lays Out the Case For Continued Strength Flight Attendants Want More from U.S. Airlines. It Might Take a Strike to Get There. The flight attendants of CHAOS (Planet Money)
Episode Notes Choice Hotels believes it's taken another key step toward its planned takeover of Wyndham Hotels & Resorts. Choice Hotels said on Tuesday it had bought enough Wyndham stock to nominate candidates to Wyndham's board, reports Senior Hospitality Editor Sean O'Neill. Choice Hotels said it purchased more than $110 million of Wyndham stock. In addition, it is putting forth an exchange offer to present to Wyndham shareholders for a vote next year. Wyndham said its board is reviewing the offer and would give a recommendation to its shareholders within 10 days. But Wyndham stated Choice's offer seems to be unchanged from one it previously rejected. Next, Canada won't surpass its pre-Covid visitor numbers until 2025. One reason why is China's ongoing ban on group travel into Canada, writes Global Tourism Reporter Dawit Habtemariam. Meaghan Ferrigno, Destination Canada's chief data and analytics officer, said Canada's tourism industry would get a major boost from Beijing ending the ban. Ferrigno added that Destination Canada wasn't currently marketing group travel in China, instead focusing on individual Chinese travelers. Tourists from China spent the most in Canada of any other group in 2019. Finally, flight attendants at Southwest Airlines recently overwhelmingly rejected a new contract. That's a major sign of the widespread discontent many flight attendants are feeling, reports Edward Russell, editor of Skift publication Airline Weekly. Nearly two-thirds of Southwest flight attendants who voted rejected a contract that would have included pay increases of 36% over five years. Russell writes one issue was a lack of pay during the boarding and deplaning processes, with almost all U.S. flight attendants only being paid when an aircraft door is closed. American Airlines flight attendants have authorized a potential strike. Russell notes that if American flight attendants were to go through with one, it would have a significant impact on the U.S. airline industry. American flies nearly a fourth of all U.S. domestic flights.
There are three big reasons for Alaska Airlines proposed $1.9 billion merger with Hawaiian Airlines: scale, loyalty, and premium traffic. And there are lots of questions too. Edward Russell and Jay Shabat discuss. Reading List Alaska Airlines in Deal to Buy Hawaiian Airlines for $1.9 Billion Alaska Airlines Needs New Growth – That's Why It's Looking to Buy Hawaiian Alaska-Hawaiian Merger Faces a Justice Department Wary of Airline Combos What Could an Alaska-Hawaiian Loyalty Program Look Like? Think Marriott Bonvoy 8 Airline Mergers That Shaped Today's U.S. Industry
Ask Skift Is the AI Chatbot for the Travel Industry: Ask Skift Your Questions Episode Notes Navan, a travel and expense management startup, has laid off 5% of employees at the company, accounting for about 145 people, writes travel tech reporter Justin Dawes. Kelly Soderlund, a spokesperson for Navan, said in an email that the layoff affected teams across departments. She said in a statement that Navan is “refocusing efforts to move faster toward profitability” as its enters the next phase of its company. Navan has raised well over $1 billion in venture capital, most recently $154 million in October 2022. Next, a summit about mental health highlighted the risk for pilots, writes airline reporter Edward Russell. The issue received new attention in October after an Alaska Airlines pilot Joseph Emerson nearly brought down a plane while suffering a mental health crisis. Emerson said that he had experienced depression-like symptoms since the death of a friend in 2018 — some five years before the incident. More than 55% of pilots have expressed reluctance to report mental health issues due to fear of career reprisals, according to researcher William Hoffman Jennifer Homendy, chair of the National Transportation Safety Board, is firm that something needs to be done. She stated at the summit in Washington, D.C.: “There's a culture right now, which is not surprising to me, that you either lie or you seek help. We can't have that. That's not safety.” Finally, advertisements on Google by Air France, Lufthansa, and Etihad were banned for giving what the U.K.'s Advertising Standards Authority said was “a misleading impression” of their environmental impact, writes airline reporter Meghna Maharishi. The ad by Etihad, for example, implied that customers can travel with “total peace of mind” regarding its environmental advocacy. The ASA said it did not have adequate evidence that that was true. Etihad and Lufthansa took down the ads following the ruling. The ASA said Air France “did not provide a substantive response” to its ruling.
Episode Notes Alaska Air Group said it would buy Hawaiian Airlines in an all-cash transaction valued at $1.9 billion, including Hawaiian's debt. The parent company of Alaska Airlines and regional Horizon Air said it would continue to operate Hawaiian as an independent brand, reports Edward Russell, editor of Skift publication Airline Weekly. The proposed merger isn't a sure thing, given that it faces antitrust review by the Biden Administration. Analysts noted that JetBlue recently attempted to merge with Spirit Airlines, but that deal has since been mired in legal review. Given that the route networks of Alaska and Hawaiian wouldn't lead to the same concentration as the networks of JetBlue and Spirit, the probability is higher that the Alaska-Hawaiian deal will go through, reports Russell. Next, the American Society of Travel Advisors (ASTA) and American Airlines are going head-to-head in a complaint before the U.S. Department of Transport (DOT). The debate hinges on whether American Airlines has been wrong to withhold about 40% of fare inventory from travel agencies that fail to adopt its preferred booking technology, reports Selene Brophy, Skift's experiences reporter. Last month, American Airlines defended itself to regulators about its assertive push of the so-called new distribution capability while accusing travel agents of standing in the way of innovation. Skift asked ASTA for the group's response, which it published on Monday exclusively. ASTA said, “What's lacking from American Airlines's response is how atrocious their workflow is for new reservations.” “We fully support the adoption of modern retailing methods when the necessary technologies are ready and in place, and we're thankful for other airline partners who recognize that and have taken a more responsible approach.” The complaint is under review by U.S. regulators, with a response expected next year. Finally, Travelport said Monday that it had raised $570 million in new equity from investors, writes Skift tech reporter Justin Dawes. The world's third-largest travel technology company will add new major backers, including Davidson Kempner Capital Management and Canyon Partners, to its existing equity stakeholders, Siris Capital and Elliott Investment Management. With this new investment, Travelport will have a stronger balance sheet with the least debt amongst its peers, it said. Travelport competes with larger peers Amadeus and Sabre in helping travel agencies book flights from airlines. Once again, as with the other two stories of the day, the travel industry waits for regulators to decide what to do.
Virgin Atlantic in a good year turns a modest profit. In bad years, it loses money. So why is Shai Weiss so confident the airline will turn a profit next year? Jay Shabat and Edward Russell settle in for a cuppa to discuss. Plus, EasyJet's results. Reading List Virgin Atlantic CEO Focused on Return to Profitability in 2024 Virgin Atlantic Pressures UK for Sustainable Aviation Fuel Support EasyJet Raises Profit Outlook After ‘Record' Summer, Orders More Airbus Planes
Ask Skift Is the AI Chatbot for the Travel Industry: Ask Skift Your Questions Episode Notes A new class of drugs is helping make progress in the fight against obesity. However, Editor-in-Chief Sarah Kopit reports the global travel industry isn't yet ready for a shift that could have a colossal impact on businesses. Kopit notes the so-called Ozempic Era could benefit cruise and tour operators and airlines – businesses that have food as a cost. For example, the more an aircraft weighs, the more fuel it takes to fly. Bloomberg cited one analyst who thinks United Airlines could save $80 million a year if the average passenger lost 10 pounds. But there could also be losers – travel companies that count on food as a revenue generator, such as hotels and entertainment venues. Even a small decrease in spending on food and drinks while traveling would hurt. Next, several next generation travel products have been revealed at the Amazon Web Services' ongoing conference in Las Vegas, writes Travel Technology Reporter Justin Dawes. Dawes cited the Amazon One Enterprise, a kiosk that scans the palm of the hand to verify a person's identity, as one product that could help hotels and airports operate more efficiently. AWS said the tech is meant to help turn companies away from traditional security access measures — like fobs and passwords — that can lead to security breaches. In addition, AWS revealed some new generative artificial intelligence capabilities for Amazon Connect, a platform that companies can use to streamline operations in customer-service contact centers. Choice Hotels is already using some of those capabilities in its customer service contact center. Finally, Virgin Atlantic Airways completed a transatlantic flight this week using only sustainable aviation fuel. The company is calling on the UK government to provide more support for the greener way of flying, reports Edward Russell, editor of Skift publication Airline Weekly. Virgin Atlantic CEO Shai Weiss said the flight was important to show that sustainable aviation fuel could fully power a flight across the Atlantic safely. Russell notes the fuel is considered to be the holy grail of its decarbonization efforts. But the global supply of sustainable aviation fuel is limited, and Weiss urged the British authorities to provide a price support mechanism to help bring down its cost. Russell writes most airlines are clamoring for a mix of sustainable aviation fuel mandates and financial support.
Episode Notes Lengthy waits for visitor visas have hurt the U.S. tourism recovery. The problem isn't expected to die down in 2024 — especially in Colombia, Mexico and India, writes Global Tourism Reporter Dawit Habtemariam. U.S. State Department representatives said demand for visas reached record highs in those three countries. Previously, the visa backlog had been driven by pent-up demand and staffing shortages at multiple U.S. embassies. Both resulted from the pandemic. Julie Stufft, deputy assistant secretary for visa services, said agencies now need to contend with strong demand that goes beyond the Covid hangover. Lengthy U.S. visitor visa waits will cost the U.S. travel industry roughly $12 billion in lost traveler spending this year, according to the U.S. Travel Association. Next, Dolly Parton has been in the news recently, thanks to a recently released album and a new book. Parton and her partner company have also opened a new independent hotel, reports Senior Hospitality Editor Sean O'Neill. Dollywood's HeartSong Lodge & Resort is the latest collaboration between Parton and Herschend Family Entertainment. O'Neill writes they run hotels on their own, without having to rely on a major global brand or a third-party management. Parton and Herschend also finance their projects through their own capital and bank loans, rather than take the more common path of getting multiple investors. Finally, Canadian carriers Air Transat and Porter Airlines are planning a joint venture that would enable them to grab a larger market share, reports Edward Russell, editor of Skift publication Airline Weekly. The newly unveiled pact would allow Porter and Transat to coordinate routes, schedules and fares across their networks. The two companies would essentially be able to merge their respective operations without the cost or challenges of actually combining. Russell adds Porter and Transat would be able to better compete with Air Canada, which dominates the Canadian market.
Episode Notes U.S. airline pilots who believe they need treatment for depression often face difficult choices, such as whether to disclose their mental health issues. The new Federal Aviation Administration administrator is looking to establish a system to better help pilots dealing with mental health issues, reports Edward Russell, editor of Skift publication Airline Weekly. Under current policy, disclosure leads to a lengthy evaluation process during which pilots can't fly. Joseph Emerson, the Alaska Airlines pilot who nearly crashed a plane in October, said he had experienced symptoms of depression and that many pilots don't come forward. FAA Administrator Mike Whitaker said this week the agency needs a system and has already formed a new committee to evaluate mental health rules and recommend changes. Russell writes studies have found many pilots experience some form of mild depression. Next, Wyndham Hotels & Resorts blasted Choice Hotels latest attempt at a hostile takeover, describing it as a “step backwards,” reports Executive Editor Dennis Schaal. Wyndham said it received a letter from Choice CEO Pat Pacious last week, which it stated was Choice's first communication since going public with its bid. However, Wyndham Chair Stephen Holmes said Choice has failed to address critical issues Wyndham has raised, especially the timeline for Choice to obtain regulatory approval. Schaal writes the regulatory issue — and the possibility a deal could get blocked — is a major concern for Wyndham. Schaal adds that Wyndham believes the hostile bid would undervalue its growth potential. Finally, China's travel rebound helped Trip.com Group's third quarter revenue surpass 2019 levels, writes Asia Editor Peden Doma Bhutia. Bhutia reports Trip.com Group posted a net revenue of nearly $2 billion in the third quarter. That's a 99% increase from last year as well as a 31% jump from 2019 levels. CEO Jane Sun attributed the company's strong third quarter to Chinese consumers increasingly prioritizing spending on travel. In addition, Bhutia notes Trip.com executives are optimistic about China's travel demand remaining strong despite uncertainties in the global economy.
Episode Notes The U.S. aviation industry is prepping for a record number of flyers to take to the skies for Thanksgiving this year. They're doing so amid ongoing labor and air traffic controller issues, reports Edward Russell, editor of Skift publication Airline Weekly. The TSA and U.S. airlines predict 30 million travelers will fly from November 17 to 28. Russell writes this year's holiday forecast comes while the aviation industry is already straining at the seams. Airlines are still grappling with pilot and air traffic controller shortages, especially in the New York City area. U.S. Secretary of Transportation Pete Buttigieg said the government is taking steps to limit flight disruptions as much as possible. But he acknowledged some delays and cancellations are outside of anyone's control, with inclement weather forecast across the U.S. in the coming days. Next, a new report reveals that climate change and sustainability issues largely aren't a priority for U.S. tourism boards, writes Global Tourism Reporter Dawit Habtemariam. Only 8% of U.S. tourism boards strongly prioritize tackling climate change and cutting greenhouse gas emissions to zero. That's according to a survey of more than 300 destination marketers by travel marketing platform Sojern. Meanwhile, 62% of European tourism boards have made climate change a significant priority. However, U.S. — as well as Canadian — tourism boards placed much more emphasis on celebrating racial and ethnic diversity in their marketing efforts than their counterparts in Europe. Finally, Vietnam is poised to offer visa-free entry to Indian nationals, reports Contributor Ashvita Singh in the Skift India Newsletter. Vietnamese Minister of Culture, Sports and Tourism Nguyen Van Hung indicated the country would provide visa-free entry to Indian citizens as well as Chinese nationals. Indian travelers are increasingly looking to visit destinations that don't require visas. Vietnam would follow in the footsteps of Sri Lanka and Thailand, both of which currently offer visa-free entry to visitors from India.
It was a busy week for Airbus and particularly Boeing in Dubai. The airframers racked up more than 330 firm orders for new aircraft from Emirates, Ethiopian, FlyDubai, and others at the airshow. Edward Russell and Jay Shabat discuss. Plus, Korean Air's summer quarter results. Reading List Emirates' Tim Clark on ‘Trust' in Boeing, Supply Chain Issues and the End of Innovation Emirates Makes $52 Billion Deal With Boeing At Dubai Airshow
The U.S. is grappling with an air traffic controller shortage that could run into the next decade, reports Edward Russell, editor of Skift publication Airline Weekly. A new Federal Aviation Administration report found the agency is on pace to only have about 200 more controllers in 2032 than it does now. The report also said that planned hiring numbers would barely make up for retirements and others leaving the position. Russell notes the shortage has contributed to flight reductions and aviation safety concerns. The report also provided recommendations for boosting air traffic controller staffing, including expanding capacity at the FAA Academy in Oklahoma City. Next, digital nomad startup Outsite has raised $325 million with the goal of purchasing 150 boutique hotels in Europe, writes Travel Technology Reporter Justin Dawes. Dawes reports the company is focused on purchasing hotels in France, Spain, Portugal and Italy. Outside properties are meant for remote workers looking to book stays between one week and three months. Outside founder Emmanuel Guisset said there's plenty of demand for its properties, but it needs more inventory. Outside currently has roughly 50 properties in its portfolio around the world. Finally, Tripadvisor has released a preview of its 2024 study on the Experience of Travel, which revealed the majority of travelers treasure experiences over material objects, writes Travel Experiences Reporter Selene Brophy. Roughly 67% of travelers surveyed said they place more value on experiences than things. In addition, 95% of travelers said they would reduce discretionary spending in areas such as food or entertainment to fund their travels. Tripadvisor surveyed more than 5,600 travelers from seven countries for the study.
Ryanair and Singapore Airlines had good summers, and the former will be among the most profitable globally. Both, however, are watching industry schedules closely as they look forward through the winter. Edward Russell and Jay Shabat discuss. Reading List Ryanair Expects Summer Revenue Surge to Continue as Competitors Slow Growth Singapore Airlines Doubles Down on Strategic Initiatives as Competitors Recover
Ask Skift Is the AI Chatbot for the Travel Industry Go deeper into the business of travel with Skift's new AI chatbot. Ask Skift Your Questions Episode Notes Booking.com took a step to diversify its offerings on Thursday. The company launched cruises in the U.S. via a partnership with cruise agency World Holdings, reports Executive Editor Dennis Schaal. Schaal writes Booking.com offering cruises is part of its efforts to be a larger force in the U.S., the world's largest cruise market. A company spokesperson said Booking.com's cruises would offer customers access to exclusive offerings and deals on its platform. Schaal adds that Booking.com customers would be able to choose from more than 10,000 sailings on 30-plus lines. Next, Americans have gone overseas in large numbers this year. So what have been the most popular destinations for U.S. travelers? Flight booking data reveals Cancun and London are Americans' top international destinations so far this year, reports Senior Hospitality Editor Sean O'Neill. Roughly 17.5% of all flight bookings from U.S. cities to international destinations from January through August were for Cancun. U.S.-Cancun bookings hit 91% of 2019 levels. Meanwhile, London was the second-most popular destination from U.S. airports with 8.5% of bookings. Meanwhile, New York City was the top domestic destination for U.S. travelers with roughly 4% of flight bookings. Finally, Wizz Air has experienced enormous growth coming out of the pandemic. But that growth is set to come to a halt next year, reports Edward Russell, editor of Skift publication Airline Weekly. The Hungary-based airline has been boosted by an increase in seats in London and Italy as well as the arrival of dozens of new Airbus jets. However, Russell notes that Wizz has been hit hard by engine issues affecting a large number of its jets. Wizz expects that at least 45 of its roughly 200 planes will be grounded in January. The airline has also suspended flights to Israel. Meanwhile, Wizz recorded a $560 million operating profit and 17.1% operating margin in the six months ending in September.
Episode Notes Airbnb released its latest set of product enhancements on Wednesday — including Guest Favorites, new badges that identify customers' favorite homes, reports Executive Editor Dennis Schaal. Schaal writes that Airbnb will place a Guest Favorites badge on 2 million of its properties. Those badges will help travelers pick stays based on homes' ratings. Schaal notes that hosts will benefit from several other features as well. Airbnb said hosts will be able to create AI-powered photo tours of their homes in seconds. In addition, Airbnb said it's overhauling ratings and reviews to make them more guest-friendly. Guests will be able to sort reviews by when they were written and their rating scores. Next, Las Vegas' Sphere arena opened to much fanfare in September, headlined by a U2 concert. But will it be a profitable venue? Newly released data highlighted the risks and rewards of the $2.3 billion structure, writes Travel Experiences Reporter Selene Brophy. While Sphere Entertainment CEO James Dolan expressed optimism about the Sphere's potential, Brophy notes analysts are uncertain if it will generate enough revenue to offset the enormous initial investments. Revenue from the Sphere's opening didn't cover its first quarter direct operating expenses. However, one media executive said the Sphere was on its way to becoming a global landmark due to the publicity it's already received. Brophy adds its owners are hopeful upcoming major events in Las Vegas will help expose visitors to the venue. Finally, Singapore Airlines is coming off a strong September quarter. But the company is not resting on its laurels as its rivals continue their recoveries, reports Edward Russell, editor of Skift publication Airline Weekly. Singapore Airlines posted a $589 million operating profit during the quarter. Company executives attributed the success to strong peak summer travel demand and lower fuel prices. And Russell writes the carrier is developing a multi-part strategy to maintain a competitive advantage, including extending its network of airline partnerships around the world. Russell adds that Singapore Airlines is working to increase connectivity over the city-state's Changi Airport. Singapore Airlines and budget subsidiary Scoot plan to serve 23 destinations in China by December.
American Airlines CEO Robert Isom joined Edward Russell on stage at the Skift Aviation Forum on November 1. Enjoy their wide-ranging discussion from the year-end holiday outlook to international growth and boosting loyalty revenues. Reading List American Airlines CEO Seeks to Boost Revenue and Enhance Loyalty Program American Airlines CEO Defends Direct Selling Push in Face of Travel Agent Complaints American Airlines Had a Rough Quarter, but Points to 2024 Tailwinds
Episode Notes Airbnb had a strong third quarter, recording its highest ever quarterly profits and setting a company record for revenue, writes Travel Technology Reporter Justin Dawes. The company reported net income of $1.6 billion, excluding a one-time income tax benefit. It also generated $3.4 billion worth of revenue, an 18% jump from last year. Dawes reports those record numbers were driven by 113 million bookings during the third quarter, a 14% year-over-year increase. In addition, Airbnb said it saw a 19% jump in its active listings last quarter, with Latin America and Asia-Pacific representing the regions with the highest growth. Next, American Airlines is looking to boost profitability as it flies to more underserved U.S. cities and enhances its loyalty program, writes Travel Experiences Reporter Selene Brophy. American CEO Robert Isom said at the Skift Aviation Forum on Wednesday the carrier would increase service to smaller U.S. cities, citing Roanoke, Virginia and Lubbock, Texas as examples. Isom added that American was looking to strengthen its loyalty program, which lags behind competitors. He called it an “untapped opportunity.” Finally, United Airlines strongly believes that the international travel boom hasn't peaked, reports Edward Russell, editor of Skift publication Airline Weekly. United Chief Commercial Officer Andrew Nocella said at the Forum on Wednesday that the company sees more opportunity for growth overseas. United recently ordered hundreds of new Boeing 787s and unveiled several transatlantic routes for next summer. Russell writes United saw record profits for both transatlantic and transpacific travel in the third quarter. However, Russell notes many airline industry insiders wonder if the international boom will continue. In addition, long-haul international routes cost more to operate than domestic flights, possibly leading to large losses.
Hawaiian Airlines and Volaris are two very different carriers. But they have one thing in common right now: A lot of planes affected by the issues with certain Pratt & Whitney geared turbofan engines on Airbus A320neo-family aircraft. Edward Russell and Jay Shabat discuss. Reading List Volaris Cuts Capacity Growth as Pratt & Whitney Engine Issues Ground 16 Planes Airbus A320neo Pratt Engine Issues to Ground 650 Planes Next Year Hawaiian Airlines Defends Tokyo Haneda Flight Rights as United Seeks to Expand
Episode Notes Taylor Swift wasn't the only major pop star responsible for a tourism boom this summer. Beyonce's Renaissance Tour helped lift hotel bookings across the U.S. and Europe, writes Senior Hospitality Editor Sean O'Neill. O'Neill cites Cardiff, Wales, Cologne, Germany and Houston, Texas, as cities where hotel bookings surged during stops on Beyonce's tour. Hotels in her hometown of Houston generated $18 million in revenue on the nights of her concerts, a 45% jump from the same weekend last year. However, O'Neill notes some cities — including London, Boston, and Las Vegas — didn't register a noticeable bump. He adds shows on weeknights during the school year were much less likely to drive travel demand. Next, Airbnb has been accused of violating a temporary restraining order in a New York City building, reports Executive Editor Dennis Schaal. The owner had placed the building on New York City's so-called banned building list, which blocks short-term rentals. However, the contempt motion alleges that guests were seen in the apartment on October 17 and that the listing was still on Airbnb. Schaal writes the building owner asked the judge to impose penalties for an alleged violation related to a short-term rental listing. A hearing is scheduled for October 30 in a New York State court. Finally, prominent airline industry executives will gather for the Skift Aviation Forum in Fort Worth, Texas on November 1. Edward Russell, editor of Skift publication Airline Weekly, lists five topics he's looking forward to discussing at the Forum. Russell writes that, despite constant warnings about economic downturns, the global airline industry is continuing to make progress in its recovery. While he notes that corporate travel in the U.S. has plateaued in its rebound, international travel has continued to boom. Transatlantic demand set records this summer, and many industry figures expect transpacific to surge as well.
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
The reaction to Delta Air Lines' controversial loyalty program changes so far have proved more bluster than anything else. Its profit, and outlook, remain sound even as U.S. domestic demand slows to "steady." Edward Russell and Jay Shabat discuss. Plus, Virgin Australia is (finally) back in the black. Reading List Delta Profit Intact After Controversial SkyMiles Changes The U.S. Economy's Secret Weapon: Seniors With Money to Spend Virgin Australia Back to Profitability but Still Faces Uphill Battle Versus Qantas
Episode Notes Airbnb has been blamed in recent years for helping average rents in some cities increase. But Taylor Marr, Airbnb's first senior housing economist, downplays its impact, reports Executive Editor Dennis Schaal. Marr said, in an exclusive news interview with Skift, that Airbnb is launching a housing research program. Although Marr acknowledged Airbnb could have negative impacts on some communities, he played down the company's role in rent increases. He cited a recently published Conference Board of Canada study that found there was no connection between Airbnb and rents. Next, Delta Air Lines struck a nerve with many of its customers when it made major changes to its SkyMiles loyalty program. However, the pushback the company received didn't hurt its bottom line during the third quarter, reports Edward Russell, editor of Skift publication Airline Weekly. Delta CEO Ed Bastian said the company didn't see a drop in bookings, spend levels or usage of its co-branded credit card with American Express. The Atlanta-based carrier changed its key loyalty metric to money spent with Delta. The company brought in roughly $1.7 billion during the third quarter under its deal with American Express. Bastian added that Delta plans to release updated requirements for its loyalty program soon. Delta generated a nearly $2 billion operating profit during the third quarter. The company's revenue increased 11% from the same period last year. Finally, ever since the first generative AI chatbot was released almost a year ago, there has been widespread discussion about it might affect travel. Indeed, a trio of tech giants have recently unveiled travel-related AI products, writes Travel Technology Reporter Justin Dawes in his Travel Tech Briefing. Dawes explores the new offerings from Amazon Web Services, Meta and Microsoft. Amazon Web Services said its platform allows travel companies to build AI tools and apps that access their own proprietary data. As for Meta, it's released a generative AI chatbot named Meta AI that could answer questions related to trip planning. Meanwhile, Microsoft revealed that users will be able to plan and complete corporate travel bookings through Microsoft 365 Chat. In addition, Microsoft said it's working to pilot a travel assistant in partnership with travel technology company Amadeus.
Ask Skift Is the AI Chatbot for the Travel Industry: Go deeper into the business of travel with Skift's new AI chatbot. Ask Skift Your Questions Episode Notes The Biden administration has taken another step to combat so-called junk fees. The Federal Trade Commission unveiled a proposed rule on Wednesday that would stop businesses — including those in the travel industry — from charging misleading fees, reports Associate Editor Rashaad Jorden. Jorden writes the rule would require companies to show consumers the full price of their purchase as well as whether fees are refundable. Under the FTC's proposal, businesses that don't comply with the agency's regulations could face fines and possibly have to refund consumers. An FTC spokesperson told Skift that the agency will hold a 60-day public comment period after which it will decide any changes to the proposal. The FTC would then vote on a final rule. Next, Disney has raised the price of tickets for both Disneyland and Disney World, writes Travel Experiences Reporter Selene Brophy. Brophy reports Disneyland raised one-day ticket prices by between 4% and 9% and also increased the prices of multi-day tickets. Meanwhile, Walt Disney World raised the price of its annual passes by nearly 10%, but it didn't increase the price of daily tickets to any of its theme parks. One travel industry insider said Disney could be betting that a small monthly increase in payment won't cause many pass holders to cancel. Finally, British Airways is the latest airline to suspend all flights to Israel following Hamas' recent attack on the country, reports Edward Russell, editor of Skift publication Airline Weekly. British Airways has joined United Airlines, Ryanair and EasyJet and other airlines in suspending service to the country. However, Russell notes an extended conflict wouldn't significantly impact the balance sheets of most major global airlines. Israel's small size makes it easy for airlines to route flights around its airspace. Meanwhile, not every airline has suspended flights to Israel indefinitely. EasyJet and Ryanair currently plan to resume flights to the country before the end of the week.
SAS is making some big changes. As part of its bankruptcy restructuring, Air France-KLM, along with other investors, will take a minority stake in the Scandinavian airline prompting a new commercial alignment and its move to the SkyTeam — not "StarTeam" — Alliance. Edward Russell and Jay Shabat discuss. Plus, has United ordered too many planes? Learn more and register for the Skift Aviation Forum on November 1 in Fort Worth, Texas. Reading List Air France-KLM to Take Stake in SAS Under $1.2 Billion Deal Portugal to Sell Majority Stake in National Airline TAP United Buys 110 Airbus and Boeing Planes Amid Persistent Capacity Constraints
Episode Notes Hilton has just released its annual whitepaper documenting major travel trends. So what did it reveal? Senior Hospitality Editor Sean O'Neill documents the three trends he found most noteworthy. O'Neill reports that only a small percentage of Hilton's guests are checking in via the company's app despite its efforts to upgrade the platform. He adds that other hotel groups may see even lower percentages of guests checking in via apps. In addition, Hilton has joined rival Marriott in unveiling a series of non-alcoholic cocktails. O'Neill writes that's a sign prominent corporations believe mocktails can generate a lot of revenue. Hilton's report also said that interest in all-inclusive resorts is booming, with O'Neill noting that event organizers are seemingly more eager to hold gatherings at resorts. Next, Saudi Arabia has announced it will bid to host the FIFA World Cup in 2034, writes Middle East Reporter Josh Corder. The kingdom is looking to follow in the footsteps of fellow Gulf State Qatar, which hosted the event last year. Corder notes Saudi Arabia must satisfy new hosting requirements to earn the right to stage the tournament. FIFA's regulations for aspiring host countries include respecting human rights and committing to sustainability. Saudi Arabia's World Cup bid is its latest effort to boost tourism through hosting major sporting events. Finally, China's resurgent domestic travel industry is helping boost the global air travel recovery, reports Edward Russell, editor of Skift publication Airline Weekly. Airline passenger traffic was nearly 96% of 2019 levels during August, according to the International Air Transport Association. That figure is the closest to pre-pandemic levels since the start of the crisis. Russell writes that the return of Chinese domestic travelers drove the increase in air traffic worldwide. Domestic air traffic in China nearly doubled compared to last year.
Episode Notes The U.S. tourism industry has made progress in its recovery from the pandemic, but two major issues are hurting its ability to attract international travelers. What are they? Long wait times for visitor visas and outdated air infrastructure, writes Global Tourism Reporter Dawit Habtemariam. Executives speaking at the recent Skift Global Forum said the U.S. is facing fierce competition from overseas destinations that have improved their tourism infrastructure. NYC Tourism+Conventions CEO Fred Dixon highlighted Saudi Arabia as one destination his city is competing against for tourists. In addition, U.S. Travel Association CEO Geoff Freeman said long visa wait times in some top markets will cost the U.S. $12 billion in traveler spending. Freeman added those long waits don't make the U.S. a welcoming environment. In addition, Freeman described air travel to the U.S. as a hassle as roughly 23% of all U.S. flights are delayed or canceled. Next, Air France-KLM will take a minority stake in bankrupt Scandinavian carrier SAS as part of a nearly $1.2 billion deal unveiled Tuesday, reports Edward Russell, editor of Skift publication Airline Weekly. Air France-KLM will invest $145 million for almost 20% stake in SAS as part of an investor consortium that includes the Danish government. SAS will join the SkyTeam Alliance with Air France and KLM as part of the Chapter 11 restructuring deal. Russell writes the deal is the latest in a wave of European airline consolidation that includes the Lufthansa Group's pending acquisition of Italy's ITA Airways. Russell adds Air France-KLM would see its share in Scandinavia, an area long seen as Lufthansa's backyard, increase. Finally, United Airlines has placed an order for 110 Airbus and Boeing planes amid ongoing constraints limiting flight schedules, reports Airline Weekly Editor Russell. United said on Tuesday that the 110 planes will be delivered between 2028 and 2031. Russell writes the orders are driven partly by United's need to replace older jets by the end of decade. The carrier is looking to grow at the capacity-constrained airports around the world. Russell adds United's latest order will enable it to add seats to its existing schedules at, among other airports, Newark and San Francisco.
Mexico's airlines face two countervailing trends: the reopening of the U.S. to new growth countered by new restrictions at the country's busiest airport, Mexico City International. Edward Russell and Jay Shabat discuss. Plus, what U.S. airports grew most the over the past 10 years? Reading List Mexico's Airlines Lifted by U.S. Upgrade but Face Quagmire in Mexico City Giant Dallas-Fort Worth and Denver Airports Anticipate Big Growth This Year Delta's Expansion in Austin May Be Too Little, Too Late to Catch American and Southwest
Episode Notes California is looking to crack down on so-called junk fees at hotel and short-term rentals. The state's legislators have passed two bills that could impact how California's hotels and short-term rentals inform consumers about those fees, reports Senior Hospitality Editor Sean O'Neill. Senate Bill 537 would prohibit businesses that sell lodging for up to 30 days in California from displaying room rates that don't include all fees or charges, except for government-mandated taxes. Senate Bill 478 would block California businesses from advertising prices without including mandatory fees or charges, with some exceptions. The bills are on the desk of Governor Gavin Newsom, who has yet to take a position on them. While the California Hotel & Lodging Association has expressed support for the final version of the bills, Expedia Group and Airbnb both raised concerns about it. Next, Florida has seen an enormous boom in vacation rentals in recent years. But the state's short-term rental industry is facing a profit squeeze with soaring labor and construction costs, writes Short-Term Rental Reporter Srividya Kalyanaraman. Kalyanaraman writes that while Florida has always been a formidable destination for vacation rentals, it's becoming more unaffordable for visitors and residents. She adds the main factor behind Florida's soaring inflation is the high cost of housing. The surging cost of housing and growing economic divide between out-of-state investors and Florida residents has been blamed for pricing locals out. Kalyanaraman cited Miami as one Florida city that's seen an enormous demand for short-term rentals. However, an executive at real estate developer Newgard Development Group said despite the demand, it's getting more expensive to build properties with lenders tightening big construction loans. In addition, the state has experienced a shortage of labor needed to maintain and service those rentals. Finally, despite the recent boom in air travel in the U.S., the country's aviation industry is still suffering from a pilot shortage. Associate Editor Rashaad Jorden turns to Ask Skift, our artificial intelligence chatbot, for answers why. Jorden notes concerns about pilot shortages are nothing new, with thousands of U.S. pilots approaching mandatory retirement age. But major carriers made the problem worse by encouraging staff to retire early or accept voluntary leave to help avoid massive layoffs during the pandemic. Officials at budget carrier Allegiant Air said U.S. airlines are short 17,000 pilots this year. That number could double by 2032. In addition, Edward Russell, editor of Skift publication Airline Weekly, reported regional airlines have been the hardest hit by pilot shortage. Crews are leaving regional carriers for jobs at major airlines faster than the regionals have been able to replace the departed staff.
Slower bookings and "heightened" airfare discounting are hurting Frontier Airlines and Spirit Airlines this quarter. That means potentially deep losses for the ultra low-cost carriers. Edward Russell and Jay Shabat discuss what happened. Plus, the latest on the Pratt & Whitney geared turbofan engine situation. Reading List Spirit Airlines Stuns with Forecast of Steep Third-Quarter Loss Airbus A320neo Pratt Engine Issues to Ground 650 Planes Next Year
Episode Notes Airnbnb's New York City listings for short-term stays dropped 77% over a three-month period during which the city enacted stringent host registration rules. A major New York City hotel operator believes that decrease will contribute to a significant tailwind for hotels next year, reports Executive Editor Dennis Schaal. An New York City-based hotel executive, who declined to be identified, said Airbnb's struggles could give his company a boost. The hotelier noted that revenue per available room for city hotels was already projected to jump roughly 10% in 2024 from pre-Covid levels. He added the figure could rise at least three percentage points given the clampdown on Airbnb listings. However, Schaal writes not everyone in the hotel industry agrees. Some hotel owners have argued that Airbnb's inventory numbers are too low to significantly impact hotels in New York City. Next, Morocco was hit by a massive earthquake last week that caused nearly 3,000 deaths. Yet several tour operators are organizing trips in the country, writes Travel Experiences Selene Brophy. Although some tour operators decided to cancel or suspend operations following the deadly earthquake, Intrepid Travel and G Adventures have chosen to reroute trips away from areas most heavily affected. In addition, Journey Morocco, which provides multi-day tours around the country, confirmed it would be operating all of its trips. However, the company's founder Redouane Ouadi said some tours to impacted areas would be modified. Finally, JetBlue Airways CEO Robin Hayes said it's selling flights it can't fly due to the ongoing air traffic control shortage, reports Edward Russell, editor of Skift publication Airline Weekly. Hayes said at an aviation conference that Washington hasn't done enough to ease the operational limits from lower staffing levels. He urged the government to grant airlines waivers to flight rules at busy New York City-area airports well in advance. Russell writes airlines would be better able to plan schedules maximizing the number of seats to New York with fewer flights. Russell adds the waiver is needed because airlines are required to use their slots and runway timings 80% of the time or risk losing them. United CEO Scott Kirby said the air traffic control shortage could cause hundreds of flight delays that wouldn't have occurred in the past.
Episode Notes Hyatt has seen signs that more workers in big cities are returning to their offices. That could result in the company eventually seeing more business travelers, reports Senior Hospitality Editor Sean O'Neill. CEO Mark Hoplamazian said at a recent conference that some of its New York hotels are seeing increased levels of local traffic, a sign of more people back in their offices. Hoplamazian added the increased traffic doesn't necessarily mean pre-Covid levels of business travel. But he said it's an indication of more activity in offices that will eventually boost the sector's recovery. Hoplamazian also expressed confidence that business travel would rebound fully. Next, budget carriers Allegiant Air and Frontier Airlines are poised to profit significantlyif U.S. authorities approve JetBlue Airways' proposed merger with Spirit Airlines, reports Edward Russell, editor of Skift publication Airline Weekly. JetBlue said on Monday that Allegiant would receive Spirit's assets at Boston Logan and Newark Airports under divestiture agreements reached by JetBlue. In addition, Frontier would gain Spirit's assets at New York's LaGuardia Airport. Russell notes both Allegiant and Frontier could expand their operations at the above-mentioned airports. However, the agreements between JetBlue and Allegiant and Frontier are subject to the JetBlue-Spirit merger being approved by the U.S. government. The U.S. Justice Department has sued to block the deal on the basis of concerns about competition. Finally, business travel has made significant progress in its recovery, but will spending in the sector fully rebound? Associate Editor Rashaad Jorden turns to Ask Skift, our artificial intelligence chatbot, for answers. Jordan reports that the state of business travel's recovery varies across the world. Corporate travel volumes were reported as of August to be at least 30% below 2019 levels globally. While a majority of India-based businesses expect business travel to increase this year, executives at several U.S. and European airlines have said in recent months the sector's rebound has plateaued. But the Global Business Travel Association projected last month that corporate travel spending would surpass pre-Covid levels faster than expected. The group anticipates spending will hit $1.52 trillion in 2024, two years of a previous prediction.
Fuel prices keep steadily rising after bottoming out in May. That's beginning to take a bite out the airline financial outlook for the third and fourth quarters. Edward Russell and Jay Shabat discuss. Plus, competition in Scandinavia. Reading List 3 U.S. Airlines Issue Warnings About Higher Third Quarter Fuel Costs SAS CEO Downplays Competition from Norwegian Air and Ryanair
How are airlines doing as the second-quarter earnings season wraps up? Generally good, but yield and cost concerns persist. Edward Russell and Jay Shabat discuss. Plus, Air Arabia's impressive results. We are taking a summer hiatus for the next two weeks. Expect the next episode of the Airline Weekly Lounge on September 8. Reading List Air Arabia Unveils World-Leading Second Quarter Profits U.S. Airline Review: Top 10 Takeaways from Second Quarter Earnings
Edward Russell and Jay Shabat discuss the latest Airline Weekly profit rankings for the second quarter. Plus, the latest developments at Hong Kong's Cathay Pacific.
There was one thing in common across Air France-KLM, IAG, and JetBlue in the second quarter: Transatlantic travel demand is booming. That helped lift the first two to impressive profits. But, at the latter, it wasn't enough to offset numerous U.S. domestic challenges. Edward Russell and Jay Shabat discuss. Reading List JetBlue Will Pay Dearly to End its Alliance With American Airlines Air France-KLM Looks to Spin-Off Loyalty Plan as Results Lag Peers British Airways and Iberia Parent IAG Sees No Travel Slowdown
Both Ryanair and Alaska Airlines reported some decline in yields in the second quarter and continuing into the third. But they also made clear: Overall travel demand remains robust on both sides of the Atlantic. Edward Russell and Jay Shabat discuss what's happening. Reading ListAlaska Airlines Sees Domestic Fares Weaken as Americans Take More International Trips
American Airlines and United Airlines just reported record second-quarter results, including double-digit operating margins. Will the magic continue through the third quarter and beyond? Edward Russell and Jay Shabat discuss. Reading List American Airlines Raises Outlook After Strong Second Quarter Results United Airlines to Shrink Newark Departures 10% to Avoid Future Flight Disruptions Delta Results Lifted by Strong Europe and Latin America Demand
Norse Atlantic Airways President Charles Duncan is optimistic, if nothing else, about the longhaul low-cost airline's future. But even with some summer profits under its belt, he and his team still spend nine months of the year planning for the low-demand winter season. Duncan chats with Edward Russell about the airline's strategy a year after launch, and how it plans to make the aforementioned winter work. Reading List Long-Haul Discounter Norse Atlantic Sees London Expansion as Key to Profits More Airlines Use Next-Gen Tech to Sell Journeys on Other Carriers or Trains Cranky Flier Interview with Norse Atlantic President Charles Duncan
After a decade of reckless growth in the aughts, Norwegian Air made a strategically smart decision in its deal to buy regional Wideroe. The combination would, if approved by regulators, make Norwegian-Wideroe larger than SAS in terms of seats in the Nordics. Edward Russell and Jay Shabat discuss. Plus, JetBlue is ending its alliance with American Airlines. Reading List: Norwegian Air Steps Up Pressure on SAS With $105 Million Wideroe Deal What's Next for American and JetBlue? What's Next for American and JetBlue After Court Rejects Alliance
Delta Air Lines held an investor day this week where CEO Ed Bastian said business was “gangbusters.” That's what Wall Street wanted to hear but it appears also true for a company that sees significant delta ahead, and is actively working to grow high-margin tertiary businesses. Edward Russell and Jay Shabat discuss. Plus, the operational distress in the northeastern U.S. this week. Reading List Delta Sees ‘Gangbusters' Recovery, Downplays Industry Concerns Delta Pins New Hopes on Gen Z and Millennials, Not Business Travelers United's New York Distress Shows how Weather Can Royally Mess Up an Airline's Operations
Indian airlines IndiGo and Air India grabbed headlines with orders at the Paris Airshow this week. Can the country support all of their planned growth? Edward Russell and Jay Shabat discuss. Plus, the recovery for Alaska Airlines. Reading List IndiGo's Giant Airbus Order Will Test Its and India's International Aviation Ambitions Air India Seals $34 Billion in Aircraft Orders With Airbus and Boeing Alaska Airlines CEO: No Small Cities Face Axe – Yet
Air Canada is flying double-daily high-density Boeing 777s — its equivalent of an Airbus A380 as Mark Galardo put it — to Athens this summer to meet some of the best travel demand it has ever seen. Galardo, the airline's executive vice president for revenue and network planning, joined host Edward Russell in the Lounge to chat about summer demand, Air Canada's recovery, and the evolving Canadian domestic market. Reading List Air Canada Is off to a Good Start Airline Execs Dismiss Slowdown Fears, Say It is ‘Best Recession' Industry Ever Faced