Reported about 1 year ago
Travel demand is projected to reach a record high this summer, but airlines, facing issues with Boeing, are unable to access new planes efficiently, affecting growth. Analysts Peter McNally and George Ferguson discuss how Delta Air Lines is managing the situation well, attributing their success to their tech ops business allowing them to conduct maintenance and repairs independently. They highlight labor costs impacting airlines' profitability post-pandemic and the potential pilot shortage in 2026-2027. Ferguson mentions the challenges airlines face with capacity, while McNally underscores Delta's effective navigation amidst these issues. They also discuss the impact of bag fees on airline revenue and customer satisfaction.
Source: YAHOO