What’s it gonna take to fix Air France/KLM? The airline group has a number of problems—from labor inflexibility to a soft French economy—all in a very competitive part of the…
Delta kicked off earnings season with—yawn—another record-breaking fourth quarter highlighted by a pre-tax profit that starts with a “b” (and ends with an “illion.”) The success is coming from a…
With most European airlines having now reported second-quarter earnings, the picture is filling in. But it’s a mosaic—not a portrait. Some carriers did well. Some did lousy. One thing we…
American Airlines doesn’t hedge its jet fuel, and now it’s enjoying the fruits of that somewhat contrarian strategy. Is AA onto something here? Is fuel hedging a smart play? Will…
Forget the strike-prone labor unions, the government austerity, the economic doldrums, the high taxation, the overregulation, the expensive airports, the opposition to airport expansion, the wasteful Eurocontrol regime, the heavy…
Think Air France/KLM, and what comes to mind? An airline that prospered during the tumultuous first decade of the 2000s? A globally diversified network second to none? An iconic brand,…
In many ways, the International Airlines Group, or IAG, is a lot like its chief European rivals Lufthansa and Air France/KLM. Its margins, in fact, were similar to Lufthansa’s last…