While air traffic in China has seen a strong recovery year on year with a 312 percent increase in domestic flying in May, this is not immediately reflected in the financial results of the major Chinese carriers. China Eastern, China…
The coming twelve months could be crucial for the consolidation of the airline industry in Southern Europe. Not just in Italy, where a final decision on the partial sale of ITA Airways is delayed as a new administration has entered…
American Airlines is not as outspoken on its full-year guidance as United Airlines but is nevertheless positive that in the short-term, it will return to profitability during the second quarter, it said on April 21. The first quarter produced a…
Spirit Airlines is not convinced yet that the unsolicited offer of JetBlue ‘constitutes a superior proposal’ compared to that of Frontier Airlines, but it could be. It is open to engaging in discussions with JetBlue, Spirit says in a short…
Just before the pandemic hit the industry in 2020, airline leaders were positive that Europe was about to have a much-needed round of consolidation. They agreed that there were way too many airlines, fighting for the same piece of cake.…
This is a conversation you probably will not enjoy watching. Bill Blain, strategist at Shard Capital in the UK offers a stark review of where we are and the tough road going forward. Before we come out of the contagion,…