Norwegian Air's Possible Sale and 4 Other Aviation Trends This Week
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Airline news moves fast. Don’t miss a beat with our weekly airline newsletter. Landing in your inbox on Saturdays.>>Norwegian Air reported earnings Thursday, and a lot of analysts expected it to feel like a funeral. But something funny happened. The airline reported a profit. Does this mean it's in good shape? Probably not, but at least it's better than a loss: Norwegian Air CEO Is Wait and See on Possible Sale as Competitors Show Interest
>>As Delta goes, so goes the rest of the U.S. aviation sector. While the conversation will be centered around dealing with increased costs, all the fundamentals are still in place for Delta to continue growth across the board and expand abroad: Delta Continues Strong Growth Despite Higher Fuel Costs
>>Glitches happen and airlines lose money. But American probably could have handled last month's PSA Airlines debacle better. If it had, maybe it would have lost less money from the debacle: American Airlines Says Tech Snafu at Regional Airline Will Hurt Earnings
>>U.S. airline consumers hate to admit it — they love bashing airlines, after all — but the competitive environment is strong right now, and considering rising fuel prices, fares are decent. But if there's a new entrant into the marketplace, like David Neeleman's proposed new carrier, things could get even better for customers: The U.S. Braces for More Airline Competition. Finally.
>>In-flight credit card pitches are officially coming to United Airlines, which is great news for revenue and maybe less-great news for frequent flyers: United Becomes Latest Airline to Deploy Flight Crews to Pitch Credit Cards