Airlines are betting that they can hold onto their pricing power even as the price of fuel decreases due to strong demand and fewer competitors in the industry.
An AI-powered airline is a fine ambition – but it won't touch the fuel price, the grounded engines, or the weak Kiwi dollar doing the real damage. Ravishankar's edge is that he seems to know it.
The centenary deadline may have slipped, but Şeker's broader point is that Turkish Airlines is now big enough that the number of aircraft it operates matters less than what it does with them.
As one of the largest travel markets continues to shrink due to political tensions, Canadian carriers told Skift that U.S. travel is still producing healthy margins.
Ordering more widebodies would allow American to invest in more international growth — a key market that has fueled the profits of chief rivals Delta and United.
Airlines across the world have been cutting capacity and raising airfares to keep up with higher fuel costs. But even as travel is becoming more expensive, consumers still want to spend.