Jay Shabat

The Good and the Bad of Mexico’s Airline Market

Time to try again. Selling TAP Air Portugal is hardly new and novel for the Portuguese government. It once sold a stake to the old Swissair. It more recently sold…

September 25th, 2023 at 12:36 AM EDT

Air Arabia Crowned as World’s Most Profitable Airline

Can you hear the alarm bells ringing? Spirit and Frontier, two ultra-low cost carriers, delivered shockingly bad news to investors last week. The third quarter has developed far worse than…

September 18th, 2023 at 12:36 AM EDT

Spirit Airlines planes parked at a hangar at the Detroit airport

North America

Spirit Airlines Stuns with Forecast of Steep Third-Quarter Loss

Spirit Airlines delivered an extremely bearish message to investors this week, warning of a steep operating loss in the quarter that ends this month.

September 14th, 2023 at 10:07 AM EDT

Rising Fuel Prices Spook Airline Outlook

The leaves are still green across most of the U.S. But how long will U.S. airlines stay in the black?

September 11th, 2023 at 12:35 AM EDT

Aegean Airlines Airbus A320neo

Europe

Greece’s Aegean Airlines Posts Strong Profits but Cost Inflation a Concern

Greece’s Aegean Airlines, riding a wave of inbound tourism, reported an 18% operating margin for the April-to-June quarter. That was just a point less than what Europe's profit champion Ryanair…

September 8th, 2023 at 10:05 AM EDT

Mixed Messages

As September approaches, the world’s airlines can’t help but wonder what lies ahead. More of the same demand strength that propelled the industry to strong springtime profit margins — margins…

August 21st, 2023 at 12:40 AM EDT