Issues

Delta Decouples From Airline Gravity

Big changes are underway in the U.S. airline market. In its Q3 earnings presentation last week, Delta described a domestic sector that’s getting significantly stronger, but that's far from the only highlight. In our feature story, we dissect the data and cut through the executive commentary to explain why Delta is upending industry norms.

Wide Awake: A Golden Era for Widebodies? 

Building airplanes? Things haven’t been easy for aircraft manufacturers with supply chain bottlenecks, labor shortages, and cost inflation. But selling airplanes? That's no problem. In this week's feature story we deep-dive into the widebody market to find out which models are literally flying off the shelves, and identify those gathering dust on the showroom floor.

Transatlantic Triumphs

This year. Last year. The year before that. It’s been a great run for transatlantic markets, lifted by Americans visiting Europe in droves, often flying there in a premium seat. But demand for non-premium seats is now showing signs of stress. Does that herald an end to the transatlantic boom? This week’s feature story discusses the market in detail.

8 Origins of Spirit’s Downfall

Spirit Airlines went from being a profit all-star in the 2010s to a poster child for dysfunction in the 2020s. Filing for bankruptcy again, having just exited court protection in March, the ULCC is deeply distressed and losing alarming sums of money. In this week's feature story we discuss where it all went wrong, and identify possible survival strategies for the ailing carrier.

China’s Changing Airlines: 10 Things to Know

China’s 'Big Three' airline groups are still struggling to turn a profit. Domestic travel remains strong, but flights to and from places like Thailand, North America, and Europe are a challenge. Air China and China Eastern are losing money, while China Southern is scraping by with a slender margin. In this week's feature story we ask why.

Azul and Gol: Together at Last or Separate Paths?

To merge or not to merge? That's the question for two of Brazil’s three major airlines. In January, Azul and Gol signed a non-binding deal with "intent to combine their businesses.” Then came a snag. Azul filed for Chapter 11, just one week before Gol exited bankruptcy. Today, the prospect of a Brazilian mega-merger is increasingly uncertain, as we discuss in this week's feature story.

Air France-KLM’s Diverging Fortunes

Charles de Gaulle once famously asked: “How can you govern a country in which there are 246 kinds of cheese?” Fortunately for Ben Smith, governing Air France-KLM isn’t quite that complicated. But he does now preside over four different airlines, some faring well, others faring poorly, as we discover in this week's feature story.

Frozen in Time: Latam’s Cost Miracle

Will someone in South America please check the calendar? Is it still 2019? Latam, South America’s largest airline group, is paying a remarkably low 4.8 U.S. cents, excluding fuel, to fly one seat one kilometer. That’s almost identical to the 4.6 cents it paid six years earlier. In this week's feature story, we explore why Latam’s cost structure is basically the same as it was before the Covid crisis.