Issues

There’s no shame in winning a bronze medal. Unless it’s a game of three players. The U.S. has just three global airlines. And for seven straight years now, the medal stand has looked the same. In the contest for best operating margin, Delta always wins the gold. United always wins the silver. And American always gets stuck with the bronze. In this week's feature story, we examine why.

Copenhagen is one of Europe’s fastest growing airports this summer. Scheduled seat capacity in the Danish capital is up 7% y/y, according to Cirium Diio. Surprisingly, Copenhagen is growing without much help from Europe’s low-cost airlines. It's legacy player SAS that’s responsible for most of the rise, as we explain in this week’s feature story.

Tariff uncertainty. A slowing job market. Negative Q1 GDP. Does a fragile American economy spell trouble for U.S. airlines? There’s seemingly no need to panic. All is well, at least for Delta. The carrier kicked off Q2 earnings season not just the airline industry but all of Corporate America. Were the numbers any good? Yes, but with some caveats, as we explain in this week’s feature story.

If a week is a long time in politics, then six months in the airline industry can feel like a lifetime. It's been a tumultuous start to 2025, even by the standards of this least predictable of sectors, and don't expect things to slow down much as we enter Q3. In this week's feature story, we briefly hit pause to reflect on the first-half of the year. Don't miss the Airline Weekly team's top 10 developments of 2025, so far.

We’re just about to start the second half of 2025, which means Q2 earnings season begins next week. As usual, Delta will get the party started, with an earnings call scheduled for July 10. Make no mistake: The first half of the year provided uncomfortable levels of uncertainty for many airlines. But amid the adversity, there are plenty of plucky carriers who aren't letting global headwinds hold them back. Among these is Saudi LCC Flynas, as we discuss in this week's feature story.

In this Australian version of David versus Goliath, Goliath always wins — at least until now. After years in the long shadow of Qantas, Virgin Australia appears to be closing the profitability gap. For the 2024 calendar year, it posted a superior operating margin of 10.8%, edging out Qantas at 10.6%. With Qatar Airways now holding a 25% stake and an IPO on the horizon, this week’s feature story explores what lies ahead for Australia's resurgent challenger.

Just two weeks ago at the IATA AGM in Delhi, the aviation world was celebrating a new golden age for Indian aviation. Last week, the mood abruptly shifted as the industry confronted its worst nightmare. For all the marvels of air travel – its economic influence, its cultural influence, all the jobs it provides, all the joy it provides – there’s nothing more distressing than a fatal accident. Our sympathies go to all affected by the Air India tragedy. In this week's issue, we explore Air India's turnaround plan as it grapples with last week's crash.

Ever wake up in the morning and feel like your engines just won’t start? Now you know how Wizz Air has felt every day of the post-pandemic era. Europe’s third largest low-cost carrier (after Ryanair and easyJet) just reported another dismal quarter, one much worse than even its official negative 10% figure suggests. In this week's feature story, we explore the key factors causing problems for the LCC and examine plans to get Wizz Air onto a stronger, more strategic, flight path.

Welcome to the new U.S. airline industry. United is now friends with JetBlue. Southwest will now charge you for bags. United and American are both investing in Brazil. Delta is investing in Canada. But is this a new and improved U.S. airline industry? That will likely depend on what wins the race to the bottom: Demand, supply, or fuel costs? All three are declining, as we discuss in this week's feature story.

Congratulations, IndiGo! You’re now a member of the Ten Billion Dollar Club. Only about 20 other airlines generate more than $10 billion in revenue annually. India's largest airline is also the club’s youngest member — it’s still a teenager at just 19. But much more important than either its size or its age is its consistently strong profitability. In this week's feature story, we examine some of the secrets behind IndiGo's enormous success.