A tie-up between United and American would create the largest carrier in the U.S. and have major ramifications for competition in the airline industry.
Delta is investing more than $1 billion in refreshing its business class cabins as airlines race to upgrade their premium seats to cater to high demand.
Travel companies betting on the premium boom may tend to view post-Covid wealth creation as an immutable fact. But a protracted economic shock would test the durability of the trend and their strategies.
Gulf carriers continue to offer some of the lowest fares between Europe and Asia, but as the Iran war drags on, the lure of a good deal has to be weighed against the risks of flying through the region.
When Delta purchased a refinery in 2012, industry experts were skeptical. But Delta is reaping the rewards from its refinery just south of Philadelphia.
Delta is now grappling with elevated fuel costs, causing the carrier to cut capacity and raise fares. Delta CEO Ed Bastian said the oil crisis is different from past crises due to the speed at which fuel prices have increased.