Yves here. Hubert continues his deep dive into why and how airlines are fighting the operational changes needed to get them on a sounder footing. And par for the course, airplanes are now falling apart in the sky! Well just some United and JAL Boeing 777s, but still….they symbolism is arresting.
By Hubert Horan, who has 40 years of experience in the management and regulation of transportation companies (primarily airlines). Horan currently has no financial links with any airlines or other industry participants
Readers who would like a comprehensive overview of the aviation issues discussed in this series over the last year should take a look at my new article, The Airline Industry after Covid-19: Value Extraction or Recovery? just published at American Affairs.
Airline industry alarm as vaccine-led recovery hopes take a dive
16 Feb, 2021 09:00 PM
6 minutes to read
The coronavirus crisis shut the skies abruptly last year, bludgeoning the industry as it suffered the largest drop in flying since the second world war. Photo / AP
The coronavirus crisis shut the skies abruptly last year, bludgeoning the industry as it suffered the largest drop in flying since the second world war. Photo / AP
Financial Times
By: Philip Georgiadis and Claire Bushey
Johan Lundgren wasted no time in dashing off a letter of complaint when a UK government minister recently warned it was too early to even think about booking a summer break.
Operator
Good morning, everyone, and welcome to the Delta Airlines December quarter and full-year 2020 financial results conference call. My name is Cathy and I will be your coordinator. [Operator instructions] As a reminder, today s call is being recorded. And now, I d like to turn the conference over to Jill Greer, vice president of investor relations.
Please go ahead.
Investor Relations
Thanks, Cathy. Good morning, everyone, and thanks for joining us for December quarter and full-year 2020 earnings call. Joining us from Atlanta today our CEO, Ed Bastian; our president, Glen Hauenstein; and our interim co-CFO, Gary Chase. Our entire leadership team is available for the Q&A session.