Reported about 21 hours ago
As US travel demand plummets due to economic uncertainties, budget airlines like Southwest, Frontier, and JetBlue are facing significant operating margin declines, while full-service carriers such as Delta and United manage to maintain stability by appealing to high-end travelers. This shift marks a departure from past trends where budget airlines often thrived during downturns. With increased focus on customer loyalty and premium offerings, legacy airlines are set to surpass low-cost carriers in profitability, as the latter grapple with a weak domestic market and reduced profitability post-pandemic.
Source: YAHOO