Issue Summary

Not enough excitement in your life? Try following the airline business. Last week featured a frenzy of activity, from the start of JetBlue's merger trial to Virgin Atlantic's retreat from Austin... a signal of excessive post-pandemic expansion zeal? Air Canada, United, American, Icelandair, and others are nevertheless adding more transatlantic routes. Korean Air still wants to merge with Asiana. And many of the globe’s largest and most influential airlines reported their third quarter earnings.