The U.S. Air Travel Recovery Flatlines

If one thing's clear from the airlines that have reported third-quarter results it's that the U.S. domestic travel recovery has plateaued. That's not necessarily bad, passenger numbers are above 2019 levels, but the industry's higher cost structure could make a low-growth environment challenging. Edward Russell and Jay Shabat discuss. Plus, the latest from Routes World in Istanbul.

Reading List

• American Airlines Had a Rough Quarter, but Points to 2024 Tailwinds
• United Faces Higher Costs – and What Else We Learned on the Earnings Call
• Air France-KLM’s SAS Takeover: Do Copenhagen, Oslo, and Stockholm Hubs Stay?
• Fast-Growing Istanbul Airport Wants More Budget Airline Competition
• AirAsia, Chastened from Pandemic Losses, Takes Disciplined Approach to Growth
• Royal Jordanian, Wizz Air Weigh Costs of Israel-Hamas War