As Delta is set to report first-quarter earnings on Wednesday, concerns about high fuel prices have taken center stage. With the current pace of the fuel price increases, it appears that most airlines might not be able to eke out a profit this year.
Jamie Dimon didn't write a travel memo per se, but he might as well have. Softening consumer demand, oil shocks, AI disruption, and an immigration crisis — the threats are real, and they're arriving all at once.
As India’s peak travel season approaches, the increase in fuel surcharge by both IndiGo and Air India now casts doubt on whether outbound travel will continue its upward trajectory.
Keeping Wilson in place until a successor is found is a sensible call, with Air India Express already without a permanent CEO, having two carriers without leaders simultaneously is not a risk the Tatas can afford.
The move to make seat selection free of charge was meant to make travel more convenient for passengers. But the government's decision to put it on hold has once again pitted flight economics against traveler satisfaction.
AirAsia X is raising fares to absorb soaring fuel costs while keeping capacity largely intact. The airline is betting the crisis will pass before its low-cost model is tested too hard.