Southwest Expects Boost From Bag Fees, Assigned Seating
Southwest is forecasting a profitable 2026 after ripping up its business model to implement assigned seating and baggage fees.
Travel Industry Earnings Coverage
Don’t miss out on Skift’s in-depth coverage of earnings reported by public travel companies, including online travel agencies, hotel brands, airlines, and technology companies. Our earnings stories cut through the numbers to explain what’s really happening at companies and within the industry as a whole.
American Airlines Takes a Bigger Hit From Government Shutdown as Another One Looms
A sharp decline in passenger traffic out of Reagan National at the end of last year is partly why American saw a bigger impact from the government shutdown.
American Sees Bookings Rebound in January, Expects Revenue to Grow
American Airlines is continuing its premium push as part of an effort to chase the record profits at rivals Delta and United.
United Adds More Flights Out of Chicago as Turf War With American Heats Up
United is bolstering its presence at Chicago O’Hare as it looks to maintain its dominance at the airport. CEO Scott Kirby said United is “drawing a line in the sand.”
Why Ixigo’s Singapore Arm Points to Potential Overseas Acquisition
Ixigo has done much of the heavy lifting in the domestic market. Outbound travel, though, plays by different rules as it needs global supply and boots on the ground. An overseas acquisition makes for a far more realistic entry point.
IndiGo Profits Hit by December Meltdown
For India’s largest airline, December wasn't so much about lost passengers as it was about the rising cost of running a complex operation at scale in a heavily regulated, rupee-dependent market.
United CEO: 10% Credit Card Cap Would Hit Rivals Harder
Co-branded credit cards are one of airlines’ most lucrative assets but some carriers would be affected more than others.
United Sees ‘Measurable Negative Impact’ in the Caribbean After Venezuela Strikes
In the weeks since the U.S. conducted strikes in Venezuela, United chief commercial officer Andrew Nocella said there has been an impact to bookings to the Caribbean.
MakeMyTrip Is Making More Money From Everything Around the Trip
MakeMyTrip’s fastest growth isn’t in flights or hotels, but in everything around them. Ancillaries are turning each trip into a bundle, boosting margins, retention, and resilience.
ITC Hotels Pushes Ahead With Asset-Light Strategy as Weddings and Events Drive Revenue
ITC Hotels' results show that as long as hotel providers offer a good product, higher room rates are not going to harm occupancy anymore.