Issues

AirAsia’s Finally Coming Together

For most airlines, the post-Covid era started in 2022 or 2023. For the AirAsia family, it feels like it’s only just beginning now. In this week’s feature story, we explore AirAsia’s long-delayed restructuring, its move to fuse shorthaul and longhaul operations, and the sweeping fleet ambitions that could redefine low-cost flying well beyond its Asia-Pacific heartland.

Europe’s Happy Demand Story

Despite a global backdrop filled with geopolitical tensions and economic uncertainty, European airlines delivered a strong and highly profitable summer. Ryanair at 36% margins, long-haul premium demand booming, consolidation reshaping the map, and tourism still powering the continent like a force of nature. This week’s feature story tries to make sense of it all.

Emirates Faces New Headwinds

The Dubai Airshow returns this week, and once again Emirates steps into the spotlight – but the landscape has shifted dramatically since its 2013 shopping spree. The carrier faces tighter airport constraints, delayed next-generation aircraft, and intensifying competition. Yes, Emirates remains financially strong and is buoyed by Dubai’s global appeal, but complacency isn’t an option. In this week’s feature story, we explore how the airline may choose to adapt as challenges mount.

Is Frontier on the Verge of a Turnaround?

As rivals retreat and Spirit sheds capacity, Frontier is reinventing itself with first-class seats, loyalty perks, and a bold push into new markets. But can it really fly high alone, or is consolidation still the only cure? In this week’s feature story, we weigh up the key question: Is Frontier’s independence its greatest strength or biggest risk?

Better Days for Mexico's Volaris

They say when the U.S. sneezes, Mexico catches a cold. That’s certainly true for Mexican low-cost carrier Volaris. Its earnings were in poor health throughout the first half of 2025, largely due to U.S. policies on tariffs and immigration. Those symptoms now appear to be fading. Volaris reports that demand recovered in recent months, with continued momentum into the final months of the year. In this week's feature story, we take a deep-dive look at one of the region's most dynamic operators and ask what could come next.

Southwest's Numbers Are Still Ugly

Southwest Airlines is changing faster than at any time in its history. Assigned seating, bag fees, even talk of first-class cabins and airport lounges. But are its bold moves starting to pay off? Not quite yet. Southwest's latest results were rough once again, with margins barely positive and far from the glory days that made it a Wall Street darling. Still, there are signs that better times are on the horizon, as we discuss in this week's feature story.

Delta Decouples From Airline Gravity

Big changes are underway in the U.S. airline market. In its Q3 earnings presentation last week, Delta described a domestic sector that’s getting significantly stronger, but that's far from the only highlight. In our feature story, we dissect the data and cut through the executive commentary to explain why Delta is upending industry norms.