A dream vacation became a maritime nightmare for those onboard a cruise ship caught in a fierce storm in the Bay of Biscay that left 100 people injured over the weekend, according to media reports.
19.10.2023 - 10:19 / skift.com / Southwest Airlines / Jay Shabat / Sarah Kopit
On Tuesday, October 17 Airline Weekly Analyst Jay Shabat and Skift Editor-in-Chief Sarah Kopit went live on LinkedIn to have a conversation on the current state of the global airline industry.
Now that third quarter airline earnings season is now underway, several dominant themes emerging. One is that fuel costs are down from last year, albeit back on the upswing. Non-fuel costs, however, are for many airlines increasing at a far greater rate than revenues. That said, industry revenues have been strong in 2023, and most airlines (though not all) say robust demand continues.
Revenues are up for another less conventional reason. Supply-side bottlenecks are greatly impeding the sector’s ability to grow, depressing capacity levels. While frustrating airlines, these bottlenecks—aircraft delivery delays, engine issues, long maintenance backlogs, labor shortages, and so on—are contributing to upward pressure on fares.
In the meantime, airlines are reacting to the many changes unfolding as pandemic nightmares fade. Leisure travel is booming, aircraft markets are tightening, geopolitics are upending route networks, and consolidation is reshaping competitive landscapes.
Want to hear more in-depth outlooks on aviation? Join us in Dallas-Fort Worth on November 1 for Skift Aviation Forum a full-day of exclusive interviews with industry executives from companies including American Airlines, Southwest Airlines, The Boeing Company, Sun Country Airlines, Air Lease Corporation, United, and many more.
Discounted price of $895 (Solo) and $745 (Group) for a limited time only. Full-price tickets are $995 (Solo) and $845 (Group).
Register now for an in-person ticket to the Texas event.
Bring the team and take your company to the next level.
Please read our FAQ for details about refunds, safety procedures, and other details.
Subscribers to Skift Research, Skift Pro, Daily Lodging Report, Short-Term Rental Report, and Airline Weekly receive discounts off full-price tickets to in-person events. Visit our Subscriber Benefits page to find your discount code.
In early fall 2023, we will offer a limited number of online-only tickets, exclusive to Skift subscribers.
A dream vacation became a maritime nightmare for those onboard a cruise ship caught in a fierce storm in the Bay of Biscay that left 100 people injured over the weekend, according to media reports.
During the closing session of the World Travel & Tourism Council’s (WTTC) Global Summit in Kigali, Western Australia was announced as the host for 2024, marking the first time the event will visit Oceania. The 24th Global Summit will be taking place in Perth in late 2024, in partnership with Tourism Western Australia.
For the first time in a decade, I went away without my husband.
Tiffany Gomas, the woman behind the viral TikTok video that had everyone talking this summer, is sharing her side of the story.
Tens of millions of travelers fly across large oceans annually. It’s routine these days. Main routes, such as between New York’s John F. Kennedy Airport and Heathrow Airport in Hounslow to the west of London, see over a dozen nonstop flights a day in each direction. The massive airports that serve them have multiple terminals connected by their own rail systems to move both people and their luggage. Thousands of workers start shifts before dawn and stay on duty until the last airplane has safely departed. More than 76,000 people work at LHR as flyers know it.
As someone who often writes about US presidents, first families, and White House history, I've wanted to visit a presidential library for a while.
Southwest Airlines currently can’t fly to or from Dallas-Fort Worth International Airport – but that could change in the near future.
The National Park Service had to shut down an eight-mile section of North Carolina's Blue Ridge Parkway after multiple reports of people trying to hold and feed a young bear.
When Samantha Brown accidentally rated a Delta Airlines representative poorly after a call, she panicked and wanted to rectify the situation. Her quick action led the airline to eventually throw a surprise party for the employee — where Brown was then able to meet the woman who assisted her on that fateful day.
Southwest Airlines executives want investors to be clear about big thing: U.S. travel demand is “healthy.” Southwest leaders repeated the word several times during the third-quarter earnings call Thursday.
I've spent more than 100 hours on trains in the last two years, from 30-hour overnight rides to quick three-hour journeys.
I grew up in the Midwest, but New York City has been my home for the past decade.