The big three Gulf carriers are still very important, but because of a variety of reasons, they're no longer as scary as they were a few years ago. Still, this is good news for U.S. airlines.
Care to buy a plane ticket without needing a credit card? Soon a few airlines will test enabling air travelers to pay for their tickets by taking payments directly from consumer accounts. Three cheers for testing innovations.
It's hard to know what to make of this. There could be something there, or the inspector general's office could just be changing the scope of its audit of the FAA to placate several members of Congress.
Investors sometimes ask why Southwest Airlines has avoided straying too far from its roots. They wonder if it should assign seats, or add a business class cabin, or sell meals on board. But Southwest almost always prefers simplicity. Given how much WestJet — once a Southwest clone — has struggled as it has evolved, we now understand why Southwest is so conservative.
There hasn't been a new major airport built in the United States since 1995. Why? Well, politics can be tricky, as we're seeing in Mexico City. Its new airport is slated to begin accepting flights in 2020. But will it? The answer is probably yes, despite recent rumblings. But who knows.