Air France-KLM Losses Grow and 4 Other Aviation Trends this Week
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Jet Stream Newsletter
Airline news moves fast. Don’t miss a beat with our weekly airline newsletter. Landing in your inbox on Saturdays.Air France-KLM Losses Grow as Competition Intensifies: Competition is tough in Europe at the moment and Air France-KLM’s losses don’t look good but it is traditionally a weak quarter for airlines so things should get better during spring and summer.
Expedia CEO: If United Doesn’t Talk New Deal, It Will Be ‘Completely Bewildering': It’s certainly possible that United may walk away from Expedia on September 30 if the two parties can’t reach a new contract. Expedia is downplaying the financial impact, but the repercussions would be far-reaching — and would amount to a big hit to the Expedia brand.
Skift Forum Asia: CEO Tony Fernandes Leads AirAsia to Tech Evolution: Who’s afraid of shifting the business model? Not Tony Fernandes, who transformed Asia’s airline industry and could take huge credit for the rise of Asian travel in the last two decades. Will his next transformation be as huge?
British Airways CEO Says Transformation Is Not Over Yet: Alex Cruz has not always done the popular thing, but the changes he has made have made British Airways a more financially stable airline.
Sabre Will See Revenue Fallout From Jet Airways Collapse and 737 Max Grounding: Sabre is engaged in a tough, but necessary technology transition. Beyond the system outages it has experienced recently, some of the events impacting its financial results, namely the Jet Airways financial collapse and the Boeing 737 Max groundings, are beyond the company’s control.