Articles tagged “lccs”

Singapore Airlines CEO Lays Out Challenges Without Any Domestic Routes

Singapore Airlines CEO Lays Out Challenges Without Any Domestic Routes

Elizabeth Osder, Skift

In a rare appearance at Skift Forum Asia, Singapore Airlines CEO Goh Choon Phong says the carrier is in a unique position: It doesn't operate a single domestic route. So it has to make up for the valuable revenue stream it lacks from domestic traffic feed by competing aggressively in a fragmented market.

3 weeks ago

United President Warns New Low-Cost Carriers Can’t Control Their Business Model

United President Warns New Low-Cost Carriers Can’t Control Their Business Model

Dennis Schaal, Skift

Network airlines have long sought to drive out low-cost carriers by matching fares in certain markets. But now, equipped with basic economy fares and other options, United Airlines' Kirby vows to match the fares of new entrants in a much more rigorous way.

3 weeks ago

Ex-United President Is Selected as CEO to Lead IndiGo Into a New Era

Ex-United President Is Selected as CEO to Lead IndiGo Into a New Era

Raini Hamdi, Skift

IndiGo’s appointment of veteran airline CEO Ronojoy Dutta to lead its aggressive expansion, particularly into new long-haul territory, is a fresh departure from the woes of non-happening Air India or Jet Airways.

5 months ago

Recession Watch: The Debt Load of the Travel Industry’s Public Companies

Recession Watch: The Debt Load of the Travel Industry’s Public Companies

Dennis Schaal, Skift

When it comes to their debt, easyJet has a much more liquid position than Ryanair, while United and Delta have a lighter debt burden relatively speaking than American Airlines. In the event of a recession, debt loads would be one critical factor among many in hamstringing or contributing to a company's ability to maneuver.

5 months ago

Ryanair Issues Profit Warning as Fares Tumble

Ryanair Issues Profit Warning as Fares Tumble

Christopher Jasper, Bloomberg

Ryanair's lowered guidance is a sign of how tough things are for European airlines at the moment. Fortunately, the airline is still highly profitable; the same can't be said for some of its smaller rivals.

5 months ago

JetBlue Founder Reveals Details on His New Tech-Focused International Airline

JetBlue Founder Reveals Details on His New Tech-Focused International Airline

Dennis Schaal, Skift

David Neeleman argues that the competition won't be able to touch his new airline, which likely won't be named Moxy, because it will be so different. Plenty of other airlines will have something to say about that.

8 months ago

3 Ways Chinese Millennials Are Transforming the Flight Experience

3 Ways Chinese Millennials Are Transforming the Flight Experience

Jing Travel

As Chinese millennials and Gen Zers come of age, their shopping binges won't likely be as important, and they'll be willing to venture to off-the-beaten-track destinations more than their elders were. They'll have a lot of market power, and airlines and other sectors will have to adapt.

9 months ago

Mexico’s Volaris Sticks With Its U.S. Focus Despite Recent Stumbles

Mexico’s Volaris Sticks With Its U.S. Focus Despite Recent Stumbles

Brian Sumers, Skift

Yes, 2017 wasn't the best year for Volaris. But don't count out the airline. It has one of the lowest cost bases in the world. That's always a good thing — especially in a downturn.

1 year ago

Virgin Atlantic Is Struggling to Cope With Low-Cost Competition

Virgin Atlantic Is Struggling to Cope With Low-Cost Competition

Christopher Jasper, Bloomberg

Competition from legacy carriers and a new generation of long-haul discounters might just be too much for Richard Branson. How else to explain his decision to sell a significant stake in Virgin Atlantic to Air France-KLM?

1 year ago

Lufthansa Is Very Worried About Rivals’ Plans in Germany

Lufthansa Is Very Worried About Rivals’ Plans in Germany

Richard Weiss, Bloomberg

Ryanair and EasyJet have both used the demise of Air Berlin to boost their operations in Germany. You get the feeling that we'll be hearing a lot more from Lufthansa's low-cost unit Eurowings in the coming years.

1 year ago

South African Airways Transfers Planes to Its Low-Cost Carrier in Another Restructuring Bid

South African Airways Transfers Planes to Its Low-Cost Carrier in Another Restructuring Bid

Arabile Gumede, Bloomberg

South African Airways seems to be in a perpetual state of restructuring. CEOs have come and gone at an alarming rate as the losses keep accumulating. Setting a break-even goal of three years is incredibly optimistic.

1 year ago

Norwegian Air’s Flights to Brazil Highlight Latin America Focus in 2018

Norwegian Air’s Flights to Brazil Highlight Latin America Focus in 2018

Carolina Millan and Jorgelina do Rosario, Bloomberg

Norwegian Air has an ambitious agenda in Latin America. In addition to the flights to Brazil, Norwegian is flying to Argentina, where it will have a robust domestic route network, as well, despite regulatory challenges.

1 year ago