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
British Airways is a Profit Machine [not-audio_url] [/not-audio_url]

Duration: 47:52
In this week's episode, Gordon and Jay discuss the latest financial results and operational strategies of British Airways and Qantas. They delve into British Airways' impressive earnings, particularly in the North Atlant…
Is India the World's Hottest Airline Market? [not-audio_url] [/not-audio_url]

Duration: 43:21
This week hosts Gordon Smith and Jay Shabat discuss the upcoming Skift India Forum, focusing on major airline players like Air India and Indigo. They explore Singapore Airlines' strategic investment in Air India and the…
Is Southwest Airlines Losing its Magic? [not-audio_url] [/not-audio_url]

Duration: 35:53
In this week's episode, Gordon Smith is joined by Airline Weekly's Jay Shabat and Skift airlines reporter Meghna Maharishi. Part one is focused on the big picture trends as U.S. earnings season draws to a close. In part…
Breaking Down Japan Airlines and British Airways [not-audio_url] [/not-audio_url]

Duration: 37:59
In this episode of the Airline Weekly Lounge, hosts Gordon Smith and Jay Shabat delve into the current state of Japan Airlines and British Airways. They explore Japan Airlines' historical performance, recent financial tr…
What a Frontier-Spirit Merger Means for Air Travel [not-audio_url] [/not-audio_url]

Duration: 34:34
In this episode of the Airline Weekly Lounge, hosts Gordon Smith and Jay Shabat delve into the potential merger between Frontier Airlines and Spirit Airlines. They discuss the historical context of their relationship, th…
Breeze Airways' Big Break: A ULCC Finally Profits [not-audio_url] [/not-audio_url]

Duration: 26:11
Note: This episode was recorded prior to the American Eagle collision with a military helicopter on January 29, 2025. In this episode of the Airline Weekly Lounge, hosts Jay Shabat and Meghna Maharishi analyze the financ…
Setting the Scene for a Brazilian Airline Mega-Merger [not-audio_url] [/not-audio_url]

Duration: 39:10
In this episode of the Airline Weekly Lounge, hosts Gordon Smith and Jay Shabbat discuss significant developments in the airline industry, focusing on a potential mega merger in Brazil involving Azul and Gol, and the acq…
Why Egypt Is an Airline Market Worth Watching [not-audio_url] [/not-audio_url]

Duration: 32:35
In this episode, Gordon and Jay discuss the current state of the Egyptian aviation scene, highlighting the booming tourism sector despite regional unrest. They explore the factors contributing to Egypt's tourism success,…
The U.S. Airlines Growing and Shrinking in 2025 [not-audio_url] [/not-audio_url]

Duration: 32:02
Gordon Smith and Jay Shabat crunch the big numbers to reveal which U.S. carriers are in expansion mode in the first quarter of 2025 and which operators are shrinking year-on-year. Takeaways The US airline industry is see…
What Does 2025 Mean for the Airline Industry? [not-audio_url] [/not-audio_url]

Duration: 31:19
In this week’s episode, Gordon Smith and Jay Shabat turn their attention to the year ahead. Going region-by-region, the pair share the emerging stories that are on their radar for 2025 and beyond. Connect with Airline W…