The low-cost airline model still works in the U.S., but only in two forms: network exclusivity or premium-lite pricing. Ultra-low-cost carriers that hesitate will end up consolidating by force, not choice.
Other low-cost carriers have attempted to outfly reality — adding capacity, chasing share, and hoping costs would normalize. Allegiant and Sun Country have done the opposite.
Surveys by Skift Research across four major markets reveal shifting allegiances for loyalty programs, a widening confidence gaps among leisure travelers, and other trends for 2026.
Global travel is expected to end 2025 on a high note, growing 4% year-on-year as of November, fueled by a shift toward the "experience economy" where travelers are now chasing high-impact, live events rather than just destinations.
Travel venture capital is no longer in freefall — but it is far from fully recovered. Now defined by discipline, funding is concentrated in fewer, larger bets on proven companies.