The Kings of the Caribbean
Skift Take
In part one, Gordon Smith and Jay Shabat examine the key players serving the Caribbean from the United States. In part two, we take a closer look at the latest financials from Lufthansa.
In this week’s episode, Gordon and Jay delve into the Caribbean market, highlighting established players like American Airlines as well as emerging carrier Arajet from the Dominican Republic. The conversation then shifts to Lufthansa, examining its recent financial struggles, the impact of Germany's economic challenges, and the delays in acquiring new aircraft.
This episode is presented by Riyadh Air.
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Takeaways
- The Caribbean airline market is dynamic and competitive.
- American Airlines is the largest single player in the Caribbean.
- JetBlue is a significant competitor on key New York routes.
- Arajet is a fairly new carrier from the Dominican Republic.
- The Caribbean market has potential for growth despite challenges.
- Lufthansa mainline lost money in 2024 despite strong demand.
- Germany's economic struggles have impacted Lufthansa's performance.
- Lufthansa has faced delays in acquiring next-generation aircraft.
- The Allegris rollout is crucial for Lufthansa's future success.
- 2025 is viewed as a transition year for Lufthansa.
Photo Credit: Startup Arajet has ambitious plans to knit the Caribbean together. Arajet
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