O'Leary and team now have one of the cleanest balance sheets in commercial aviation – the timing, with fuel costs hammering rivals, could hardly be better.
Condor’s stripey planes grab the attention, but CEO Peter Gerber’s bigger challenge is turning a decades-long leisure specialist into a credible network competitor to Lufthansa.
A slew of geopolitical issues and intensified regulatory scrutiny following a deadly crash have derailed Air India’s plans for transformation. Wilson said the turnaround will “take some more time.”
No one in European aviation talks more than Michael O'Leary, and few are better placed to call what's coming. His earnings Q&A is one of the most candid industry insights you'll get this quarter.
After years of thorny negotiations, United flight attendants ratified a new five-year contract that will give them significant raises and boarding pay. And even with high fuel costs, airlines don’t expect those record contracts to change.
What was sold as a minority investment has become outright control in record time. Expect Lufthansa to bring the same German gusto to the looming battle for TAP Air Portugal.
Although Spirit was a small airline, it had a sizable impact on airfares across major markets in the U.S. Now that it has shut down, industry experts say to expect more airfare increases compounded by high fuel costs.