Other Industry News
Summer is typically the best time of year for airlines. It is when profits are stockpiled to help pad the slower, colder seasons. Alas, JetBlue joins a handful of US carriers who did not enjoy summer 2023, reporting a loss of $153 million for Q3.
The US Department of Transportation will require Netherlands-based airlines to file schedules for approval to operate to the United States for Summer 2024, a move triggered by cuts to capacity at Amsterdam's Schiphol Airport. The schedule filing requirement is the first step of any countermeasures the DOT might enact
Total average fare increased for Allegiant in Q3 2023, but, similar to its ULCC competitors in the US market, the breakdown of those fares shifted. And it is not all good news.
Holiday Swap has been part of the pitch for Global Airlines, as founder James Asquith boosted his reputation for building startups in challenging travel verticals. The data, however, does not appear to support such claims.