Geopolitics no longer hovers in the background for travel, it shows up directly in booking numbers. It could be a diplomatic freeze, or a conflict nowhere near your destination. Demand vanishes or, almost worse, reroutes overnight to a competitor destination that was ready to catch it.
Drama, drama, in the air. Drama, drama everywhere. The U.S. airline industry is witnessing dramatic changes indeed. No, United isn’t merging with American. But Southwest is quietly achieving a heroic turnaround, posting Delta-like profit margins. But as Southwest soars, Alaska Airlines is flying in the opposite direction. We take a closer look in this week’s feature story.
Spirit Airlines appears to be close to receiving a $500 million lifeline from the government in a move that would be unprecedented for the airline industry.
In a region that has been hit hard by the fuel crisis, Air New Zealand CEO Nikhil Ravishankar told Skift that the company is “nervous about what the future holds.”
As the terms of a bailout for Spirit are being finalized, President Donald Trump said on Thursday he was interested in the U.S. buying the airline and selling it for a profit once oil prices drop.