When United Airlines beat analyst expectations this week with a smaller-than-expected first-quarter loss and higher-than-expected revenues, one person who was not surprised was chief executive Scott Kirby.
Delta Air Lines chief executive Ed Bastian painted a positive demand picture after reiterating the airline’s full-year guidance today, describing the environment as “maybe the most-constructive backdrop” during his career.
While inflationary, geopolitical and aircraft availability issues continue to cloud the horizon, Turkish Airlines is still aiming to increase passenger capacity by 10% this year.
Brazil’s airlines are continuing to navigate tough market conditions, but there are signs that the government is listening to their concerns and may be about to offer at least $1.2 billion in new credit lines amid rising capital costs in the country.
Global airline traffic among the IATA membership in February exceeded pre-Covid levels for the first time since the pandemic, aided by the leap year adding an extra day to the month.