Airlines are betting that they can hold onto their pricing power even as the price of fuel decreases due to strong demand and fewer competitors in the industry.
Next time you’re in Las Vegas, don’t bet on the number six. During the first four months of this year, passenger traffic at Las Vegas airport was down 6% versus the same four months last year.
An AI-powered airline is a fine ambition – but it won't touch the fuel price, the grounded engines, or the weak Kiwi dollar doing the real damage. Ravishankar's edge is that he seems to know it.