Jay Shabat

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Les Wizzerables

Europe’s third largest low-cost carrier (after Ryanair and easyJet) just reported another dismal quarter. 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.
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Summer in America: A Q3 U.S. Preview

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?
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The IndiGo Show

Only about 20 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.
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The Mean Seats of Singapore

Are the good times over for Singapore Airlines? Last week, it unveiled a lackluster 6% operating margin for the January-to-March quarter – roughly half the figure it earned at the same time last year. In this week's feature story, we assess the prospects for one of Asia’s most esteemed carriers.
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Allegiant’s Unique LCC Story

Allegiant earned a +9% operating margin in Q1 2025. That seems downright triumphant compared to Southwest’s figure of -2%, Frontier’s -5%, or JetBlue’s -8%, but context is key. In 2019, Allegiant’s operating margin in the first quarter was 20%. In other words, it’s performing 11 points worse today, a drop repeated at most of its LCC peers. In this week's feature story, we ask what's going on.
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Cheer in a Time of Fear: Why Lufthansa Feels So Optimistic

Heavy first quarter losses. A tariff war that threatens global commerce. Signs of softening in the all-important transatlantic market. Surely the Lufthansa Group must be worried? On the contrary, despite the rather nasty $932m Q1 net loss it reported last week, bosses at the European aviation powerhouse struck a decidedly upbeat tone. In this week's feature story, we ask if this optimism is justified.
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Will United’s Loyal Customers Shield it From a Downturn?

Brand loyal. Brand loyal. Brand loyal. Say that 31 times. Then again? You don’t need to. United already did. No kidding. In its Q1 earnings call last week, United repeated the phrase over and over, keen to underscore one of its chief arguments: That it is winning with travelers who care about more than just price. In this week's feature story, we crunch through the commentary from Kirby and Co.
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The Scary Canary? Delta Speaks Up

The whole world was watching. On Wednesday, Delta became the first major U.S. travel company to report first quarter earnings. What would it say about the crisis in confidence unfolding throughout the U.S. economy? How much worse have things gotten in the past month, since Delta first warned about deteriorating demand trends?
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Transborder Disorder: Big Trump Trouble for Canada’s Airlines

Alright, so here we go again. Something’s gone awry in the world, and airlines are among the first to feel it. Following last week’s U.S. plan to essentially dismantle the global trading system, uncertainty has reached a fever-pitch. In this week's feature story we deep-dive into one of the thorniest battles in this emerging economic conflict, and ask how (or perhaps, if) Canada's airlines can come out fighting.