Airlines
Post-Olympic travel boom helps Easyjet boost profits for fiscal 2012
Turns out people just wanted to get out of UK post-Olympics to celebrate, and short haul, low-cost was the best way to go.
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.
Cruises
Considering the Costa disaster, Carnival’s third quarter results aren’t that bad
Carnival's advantage in this market is its incredible value proposition to cruisers. Despite Costa's sinking consumers are drawn by its low, low prices and promise of a sunny escape from bad economic news at home.
Airlines
Low-cost European carrier Air Berlin stumbles after disappointing earnings report
Fuel costs are hitting some lines hard this season. Is it time for the budget carriers to stop pretending that air travel can really be so cheap?
Online Travel
Priceline names its own challenges as discounting and mobile competition heat up
Priceline has stated for months that its growth rates would inevitably decline given the size of its business, and Expedia is apparently making some gains, too -- at least domestically.
Online Travel
Priceline.com shares fall with predictions for an underwhelming third-quarter
Although Priceline.com's profits and revenue rose in Q2, the company expects to take a hit on European bookings impacted by the recession and increased competition with Expedia for U.S. business.
Tourism
Disney’s earnings report is impressive but the market is unimpressed
Movies weren't as impressive as analysts wanted them to be, but the Mouse House's park and cruise ship revenues were very strong.
Airlines
Sure, British Airways didn’t have the best quarter ever, but it’s got €4 billion stacked away
It's not exactly Apple money, but IAG's billions will help see it through the tough patches, even if the euro loses a bit of steam.
Uncategorized
Zipcar disappoints with quarterly results, stock plunges lowest level yet
Zipcar's numbers were hurt by a slow down in new members, but the growing competition from peer-to-peer car sharing programs is undoubtedly a concern.
Airlines
Virgin Atlantic slips into the red for only the third time in its 28-year history
Losses are never much fun, but Virgin is seeing an uptick in flyers, and this year it gets some new planes that are more efficient and will help cut fuel costs.