United Closes the Gap on Delta

United Closes the Gap on Delta

Author: Skift October 18, 2024 Duration: 28:50
Presented by American Airlines In this week's episode Gordon Smith and Jay Shabat provide an early status update on Q3 earnings season. With Delta on the back foot after the CrowdStrike chaos and Olympic disruption, United is eyeing the top spot. The pair also discuss the latest financials from Virgin Australia and ask what could be next for the carrier. Key Takeaways: Upcoming Skift Aviation Forum  Hosts Gordon and Jay discuss the upcoming Skift Aviation Forum on November 12th in Dallas. The event will feature a star-studded lineup of airline executives, including CEOs from major carriers like American Airlines and Southwest. Visit live.skift.com for tickets and further information. Delta’s Q3 Earnings: Challenges and Setbacks  The conversation shifts to Delta's Q3 earnings, which were slightly weaker than expected, with a 9% operating margin. The airline was negatively impacted by a software issue with CrowdStrike, costing them about 2 percentage points in margin. Additionally, they lost around $100 million in potential revenue due to reduced travel to Paris during the Olympics. Domestic and International Trends for Delta  Jay explains other factors affecting Delta’s Q3 performance, including domestic overcapacity and softer international demand in regions like Korea and Taiwan. However, domestic conditions improved toward the end of the quarter, thanks to capacity cuts by rivals such as Southwest and JetBlue. Delta expects a strong Q4, driven by these adjustments and lower fuel prices. United Airlines and Q3 Competition  We preview United Airlines' Q3 results. Jay notes that United typically performs better in Q3 due to its business-heavy hubs and strong domestic capacity growth. United has increased its domestic seat capacity by 9% in Q4, with routes like Newark-San Francisco enjoying growth. Virgin Australia’s Latest Financials The podcast ends with a brief discussion about Virgin Australia, which recently made headlines after Qatar Airways acquired a 25% stake in the airline. This move has sparked industry interest as it could strengthen Virgin Australia's international partnerships and expand its market presence. Connect with Skift Airline Weekly LinkedIn: https://www.linkedin.com/company/airline-weekly/ X: https://x.com/Airline_Weekly/ Facebook: https://www.facebook.com/airlineweekly/ Instagram: https://www.instagram.com/skiftnews/ WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/ Subscribe to @SkiftNews and never miss an update from the travel industry.

Step inside the Airline Weekly Lounge, a podcast from Skift where the editors behind the industry publication gather for a deeper, more conversational look at the world of commercial flight. This isn't just a recap of headlines; it's a focused exploration of the complex forces shaping how airlines operate, compete, and ultimately survive. Each episode digs into the week's most intriguing developments, from fleet strategies and route networks to labor dynamics and the evolving culture of travel, always with a keen eye on the bottom line. The central, driving question remains: how do carriers actually turn a profit in this famously volatile business? You'll hear analysis that connects financial results to real-world operations, discussing everything from premium cabin innovations and loyalty program economics to airport politics and environmental pressures. The tone is informed and accessible, peeling back the layers on both major global network carriers and regional players. For anyone curious about the business realities behind their boarding pass, this podcast offers a regular dose of context and clarity, revealing the intricate balance of economics, service, and strategy that keeps the industry aloft. Join the editors in the lounge for a perspective that goes beyond the news cycle.
Author: Language: English Episodes: 423

Airline Weekly Lounge
Podcast Episodes
U.S. and International Airlines at a Strategic Crossroads [not-audio_url] [/not-audio_url]

Duration: 20:04
In this week’s Airline Weekly Lounge, Jay Shabbat and guest-host Meghna Maharishi unpack the biggest takeaways from Skift Global Forum in New York. The discussion spans airline labor challenges easing in the post-pandemi…
Airline Leaders Descend on Washington D.C. [not-audio_url] [/not-audio_url]

Duration: 32:18
In part one of this week's show, we discuss the key developments from a major U.S. aerospace summit in Washington D.C. attended by Skift airline reporter, Meghna Maharishi. In part two, Gordon and Jay explore the factors…
What’s Happening at WestJet? [not-audio_url] [/not-audio_url]

Duration: 35:42
As WestJet places the biggest aircraft order in its history, we discuss the past, present, and future direction of Canada’s second-largest airline. The conversation also includes updates on the latest developments at Jet…
Profits A'Plenty for Australian Airlines [not-audio_url] [/not-audio_url]

Duration: 29:19
In part one, Gordon and Jay discuss robust financials from the Qantas Group and Virgin Australia, and explore why Air New Zealand continues to struggle. In part two, the conversation turns to China and the headwinds drag…
Can Spirit Airlines Survive? [not-audio_url] [/not-audio_url]

Duration: 27:19
In part one, Jay and Meghna discuss the prospects of Spirit Airlines as it struggles to revive. In part two, the conversation turns north to Air Canada and its path ahead following a costly, peak-season flight attendant…
What are the World’s Busiest Airports? [not-audio_url] [/not-audio_url]

Duration: 29:45
In this week's show, Gordon and Jay take a step back from the business of airlines to explore the world's busiest airports. As we discover, the global top 10 is constantly changing with a fierce battle to maintain intern…
What is America's Most Profitable Airline? [not-audio_url] [/not-audio_url]

Duration: 31:00
In this week's show, Gordon and Jay unpack the latest earnings season data at major U.S. carriers. From the winners to the losers and everything in between, we examine the key factors driving profitability in Q2 2025. Fo…
What is Air France-KLM's Weakest Link? [not-audio_url] [/not-audio_url]

Duration: 30:29
In part one, Gordon and Jay unpack the latest financials from the Air France-KLM Group and explore a mixed set of results. In part two, the discussion turns to a superstar performance from South America's Latam Airlines…
American, Alaska, Southwest: Who Came Out on Top? [not-audio_url] [/not-audio_url]

Duration: 32:20
Today hosts Gordon Smith and Jay Shabat discuss the latest earnings reports from major U.S. airlines, focusing on the performance of American Airlines, Southwest Airlines, and Alaska Airlines. They analyze the factors af…
United Airlines and Ryanair in an Age of Uncertainty [not-audio_url] [/not-audio_url]

Duration: 33:49
Gordon and Jay discuss the latest earnings reports from United Airlines and Ryanair, exploring their financial performance, market comparisons, and the broader economic outlook. They delve into United's strategic partner…