In my last post, I showed how the airline industry has consolidated significantly, with most European and US airlines falling into just three mega-groups that control a significant share of the world’s seats. But the consolidation appears nowhere near over. The airline industry is genuinely hard to forecast. Hub airports, widebody fleets, equity stakes, and airline alliances play out over 10 to 20-year lifespans. The economic forecasts they are built on are inherently uncertain, however. Demand, fuel prices, regulation, geopolitics, industrial issues, climate policy, or air accidents can derail what looked like a sure path…
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Travel -after COVID19
In two weeks, I was meant to depart for an around the world trip: Thailand-Egypt-Athens and the Greek Islands- Milan- Malaga- Morocco- New York- Seattle and Spokane- Los Angeles-Taipei-Bangkok-Sydney. All carefully planned from late last year, it was going to be a fun trip that included three bucket list items and a new One World partner Royal Air Maroc. Seeing many of those destinations are now “COVID19 hotspots”, this would now be an insane and impossible trip. Instead, I am grateful that I am safe and healthy and, I’m looking forward to voyaging from MBR…
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