Articles tagged “lccs”

Airlines

Southwest Cuts Financial Outlook, Blames Revenue Management ‘Complexities’

Southwest's cut in revenue guidance for the current quarter comes just three weeks after a vocal activist investor called for big changes at the airline.

Southwest Cuts Financial Outlook, Blames Revenue Management ‘Complexities’

Airlines

The Challenge With the Long-Haul, Low-Cost Business Model

The long-haul, low-cost business model has proved to be a challenge for airline executives. But with changes in travel preferences and advancements in aircraft technology, could we finally see a breakthrough?

The Challenge With the Long-Haul, Low-Cost Business Model

Skift Research

The Challenge With Long-Haul, Low-Cost Airlines

The Long Haul Low-Cost business model has proved to be a challenge for airline executives, with very little success and numerous airline fatalities. However, with the evolution of the low-cost airline business model, changes in travel preferences post-pandemic, and advancements in aircraft technology, could we finally see a breakthrough in the last remaining frontier of commercial aviation?

The Challenge With Long-Haul, Low-Cost Airlines

News Blog

Saudi Carrier Flynas Hires Goldman, Morgan Stanley for Potential IPO Next Year

Saudi Arabian low-cost carrier Flynas has hired Goldman Sachs Group, Morgan Stanley and Saudi Fransi Capital for a potential initial public offering on the Saudi Exchange (Tadawul), according to a Bloomberg report. Flynas expects to go public next year. Earlier reports had suggested that Saudi Arabian sovereign wealth fund — Public Investment Fund (PIF) had been…

Airlines

Inside Dubai Airport’s Almost $3 Billion Mega Expansion

With an annual passenger volume of just under 90 million, it's no surprise that the primary focus of Dubai International Airport's expansion endeavors is directed towards elevating customer experience.

Inside Dubai Airport’s Almost $3 Billion Mega Expansion

Airline Weekly

The Gulf Sees a Wave of New Budget Airlines

For much of the past two decades, one of the biggest stories in global aviation was the rise of the Gulf carriers. Now, within the Middle East itself, another story has taken center stage: The rise of low-cost carriers.

The Gulf Sees a Wave of New Budget Airlines

Airline Weekly

Wizz Air Stumbles

After a bloody first half of 2022, followed by an underwhelming summer, Europe’s Ryanair-wannabe, Wizz Air, reported heavy underlying losses for calendar fourth quarter. Its operating margin? Negative 17 percent. The label “Ryanair wannabe” is not an insult.

Wizz Air Stumbles

Hotels

Accor’s Corporate Reorg, Explained

Today’s edition of Skift’s daily podcast looks at Accor’s corporate reorganization, low-cost Transatlantic losses, and Marriott’s blended future.

Accor’s Corporate Reorg, Explained

Airline Weekly

United Confronts New Realities

Polite. Complimentary. Respectful. Nobody would use these adjectives to describe Scott Kirby’s attitude toward low-cost airlines.

United Confronts New Realities

News Blog

EasyJet Partners with Datalex to Personalize Fare Options

Datalex, a Dublin-based tech company, partnered with easyJet to up the airline's game in merchandising to travelers and the customer experience. EasyJet offers passengers Standard, Standard Plus, and Essentials fares, as well as add-ons such as extra legroom. EasyJet fare types. Source: EasyJet A Datalex spokesperson said this new digital retail partnership with the airline…