Reported 8 months ago
Holiday travel in the U.S. is at its busiest ever, but U.S. airlines' stocks are down by 40% in the past five years, while European airlines have dropped by 25%. Despite increased demand, airlines are facing challenges with rising costs, shortages of staff, operational disruptions, and overcapacity. Legacy carriers are also struggling to compete with premium economy offerings and have overlooked the lessons learned before the pandemic, leading to aggressive expansion plans that exacerbate overcapacity issues.
Source: YAHOO