Air France-KLM reported a significant loss of â¬249 million in Q1 2024, improving from over â¬500 million last year, attributed to rising travel demand.
Airlines' turbulent start to the year shows why budget carriers are racing to overhaul their business models
Major airlines emphasize premium cabins as essential for revenue amid economic uncertainty, while budget carriers are gradually adopting similar strategies.
Airlines' turbulent start to the year shows why budget carriers are racing to overhaul their business models
Major airlines emphasize premium cabins as essential for revenue amid economic uncertainty, while budget carriers are gradually adopting similar strategies.
Five years after the era of lockdowns, travel demand remains strong with Americans expected to spend $1.35 trillion on trips by 2025, indicating a robust recovery.
Airlines desperately want more planes - but Boeing and Airbus can't keep up
"Airlines reeling from delays have looked to aircraft lessors to fill the gaps, but likely won't see much relief in 2025 as Boeing works to get its assembly lines back on track."
United and Delta are significantly increasing flights to Europe to meet growing travel demand post-COVID, transforming Europe into a year-round destination.