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More Articles >>Why Are Lower Cost Airlines Struggling to Turn a Profit?
Photo by Forsaken Films on Unsplash Despite the desirability for cheap travel and high summer demand, low-cost airlines such as Spirit, JetBlue, and Southwest are currently facing serious profitability issues. There are several variables that lead to this struggle: Overabundance of Cheap Seats: There
Read MoreAre Major Airlines Retreating from their Climate Goals?
Photo by Daniel Norris on Unsplash Air New Zealand has officially abandoned its goal to reduce carbon emissions by 2030. The airline claims that major obstacles remain in obtaining more efficient planes and shifting to more sustainable fuel sources. This retreat is significant because the carrier is
Read MoreThe Skift Aviation Forum Returns. What Is It?
Image Courtesy of Skift The Skift Aviation Forum returns on November 12th, 2024 in Dallas, TX. This annual forum provides CEOs, senior executives, and thought leaders from the aviation industry and related fields with chance to attend panels and discuss the trends and future of aviation. This year’s
Read MoreWhy Is It So Hard for Airlines to Maintain Profitability?
Photo by Kenny Eliason on Unsplash After a period of unprofitability, the airline sector returned to healthy profits last year with a net profit of $23.3 billion, according to the International Air Transport Association (IATA). Fortunately, for 2024, the industry is expected to continue profitability
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