United's Fascinating First Quarter

FromAirline Weekly Lounge

Start listening View podcast show

United's Fascinating First Quarter

FromAirline Weekly Lounge

ratings:

Length:

33 minutes

Released:

Apr 19, 2024

Format:

Podcast episode

Description

Fresh out of United's Q1 earnings call, Gordon Smith and Jay Shabat discuss the headline numbers and critical trends facing the U.S. carrier.

Released:

Apr 19, 2024

Format:

Podcast episode

Titles in the series (100)

The editors of Skift Airline Weekly discuss the most interesting developments within the commercial airline industry. In keeping with Skift Airline Weekly’s style, conversation generally centers on one question: How do you make money in this industry?

Skip carousel

Airline Weekly Lounge Episode 9: A New Frontier: Posting a $54m profit in its second quarter, Frontier Airlines has joined the ranks of America’s most profitable airlines. Frontier and America’s other ultra-low-cost carrier, Spirit, are both highly profitable and have big growth ambitions. As long as o... by Airline Weekly Lounge
25 min listen
Airline Weekly Lounge Episode 18: Korean Air's Success Amid the Struggle: The number of challenges facing Korean Air could fill an A380. Nonetheless the airline remains quite profitable. Korean Air’s prime competitor, Asiana, has not been as fortunate, and we discuss the differences. Meanwhile, Aegean Airlines is doing just fi... by Airline Weekly Lounge
25 min listen
Airline Weekly Lounge Episode 10: Southwest’s Golden Years: In airline years, Southwest is certainly old enough to be put out to pasture. Instead, the massive airline is making money like never before. Could some of its contrarian moves, like no bag fees, actually be working? Or is it something else? Oil prices a... by Airline Weekly Lounge
20 min listen
Airline Weekly Lounge Episode 2: Postcards from the Hedge: American Airlines doesn’t hedge its jet fuel, and now it’s enjoying the fruits of that somewhat contrarian strategy. Is AA onto something here? Is fuel hedging a smart play? Will other airlines mimic AA and reject hedging altogether? Those are some of th... by Airline Weekly Lounge
23 min listen
Airline Weekly Lounge Episode 1: Can It Get Any Better?: Our inaugural episode of the Airline Weekly Lounge went live today. Within it, Seth Kaplan and I discuss this golden age for U.S. aviation. Can profits get any better? Along those lines, Delta reported earnings last week. They were exemplary, of course, ... by Airline Weekly Lounge
25 min listen
Airline Weekly Lounge Episode 13: Great American: Well that didn’t last long. American Airlines, the biggest carrier in the world, set a new quarterly profit record, with a $1.9b net profit in the third quarter. Of course, there are some technicalities at play here, but it broke Delta’s two-week old rec... by Airline Weekly Lounge
22 min listen
Airline Weekly Lounge Episode 11: Lufthansa's Competition Grows: Lufthansa is facing competition from Ryanair, Wizz Air, easyJet, Air Berlin, Vueling, Turkish Airlines, Emirates and probably your brother. Competition is not a new thing, but the severity is growing. Meanwhile, Air New Zealand resides in a small country... by Airline Weekly Lounge
24 min listen
Airline Weekly Lounge Episode 41: Korean Divergence: Why are we seeing such different results from the two big Korean airlines? Korean Air again overcame systemic challenges to deliver a standout performance in the first quarter. And although the fuel situation certainly helped, the story wasn’t only about... by Airline Weekly Lounge
25 min listen
Airline Weekly Lounge Episode 3: The European Earnings Picture Is Complicated: With most European airlines having now reported second-quarter earnings, the picture is filling in. But it’s a mosaic—not a portrait. Some carriers did well. Some did lousy. One thing we learned from Ryanair and Wizz Air is that it’s good to be an ultra-... by Airline Weekly Lounge
23 min listen
Airline Weekly Lounge Episode 4: The Wild, Wild Eastern Market: The creditors of bankrupt Skymark Airlines chose All Nippon Airways (ANA) as its equity partner going forward. This of course leaves Delta—again!—without a dance partner in Asia. With that news, we take the opportunity to consider the condition of Japan’... by Airline Weekly Lounge
23 min listen
Airline Weekly Lounge Episode 5: Cold Comfort in Canada: Canada may be a cold place, but right now its two major airlines are cruising along with comfortable profit margins. Still, what we’re seeing from WestJet and Air Canada is a far cry from what U.S. carriers are experiencing. Why is there such a disparity... by Airline Weekly Lounge
20 min listen
Airline Weekly Lounge Episode 12: Delta's Payday: How did Delta achieve its record-breaking quarter? We touch on some of the root causes, including Delta’s push for cheap aircraft and near-perfect operations. Also, we discuss Delta’s plan for flat or zero capacity growth in the fourth quarter. And will ... by Airline Weekly Lounge
20 min listen
Airline Weekly Lounge Episode 8: Africa's Biggest Airline?: Ethiopian Airlines is growing aggressively—and apparently profitably—while other African carriers are struggling. The airline’s centralized location seems to give it a big advantage over other African carriers. Meanwhile, Ethiopian doesn’t face a lot of ... by Airline Weekly Lounge
22 min listen
Airline Weekly Lounge Episode 17: EasyJet Does It: Not so surprisingly, easyJet wrapped up a strong earnings season in Europe with some strong numbers of its own. We looked at what’s working for easyJet but also why it can’t quite top rivals Ryanair or Wizz Air. Then it’s pretty much all downhill from th... by Airline Weekly Lounge
24 min listen
Airline Weekly Lounge Episode 7: Checkmate for United? Not Quite: Can United Airlines’ new CEO overcome the carrier’s inherent challenges? United is big, powerful and, at the moment, very profitable. But it’s also underperforming Delta and American. When United and Continental merged, it was supposed to be “checkmate.”... by Airline Weekly Lounge
25 min listen
Airline Weekly Lounge Episode 21: Ultra Low-Cost Competition: Ultra-low-cost carriers like Frontier Airlines are facing in 2016 a whole different animal—a beast that we call “fare compression.” In fact, America in 2016 might see a first-time experiment in which the ultra-low-cost model goes up against the forces of... by Airline Weekly Lounge
28 min listen
Airline Weekly Lounge Episode 16: Spirit Air CEO Interview: More than anything, Spirit Airlines’ business model is built on low fares, which it uses to stimulate demand and fill its planes. But what happens when fuel prices drop, enabling airlines like JetBlue to drop fares too? In a wide-ranging interview, we as... by Airline Weekly Lounge
29 min listen
Airline Weekly Lounge Episode 23: Relatively Resilient Revenues by Airline Weekly Lounge
25 min listen
Airline Weekly Lounge Episode 33: Is Virgin Merging With Alaska?: If the U.S. airline market were to see even more consolidation, what kind of effect would it have? That’s one question we consider in a discussion about the possible acquisition of Virgin America by another airline. We also talk about possible consolidat... by Airline Weekly Lounge
29 min listen
Airline Weekly Lounge Episode 19: American Air CEO Interview: Shouldn’t Doug Parker be dancing in the end zone? He is, after all, the CEO of a mega-airline with mega-profits at a time of economic strength and falling fuel prices. But even this airline has challenges. In this week’s episode, we ask him how American ... by Airline Weekly Lounge
37 min listen
Airline Weekly Lounge Episode 42: Ryanair's Runaway Success: Ryanair is like a runaway train, in that nothing seems to be able to stop it. Despite unfavorable hedges, terrorism, air traffic control strikes and plenty of economic weakness, the airline still managed to turn a profit during the historically weak firs... by Airline Weekly Lounge
32 min listen
Airline Weekly Lounge Episode 56: Frontier Airlines CEO Interview: Because Frontier Airlines is a non-publicly-traded carrier (which, for one thing, means it doesn’t have earnings calls), it’s all the more interesting to interview the airline's CEO Barry Biffle. Of course, we asked about a possible merger with Spirit or... by Airline Weekly Lounge
23 min listen
Airline Weekly Lounge Episode 31: Turkish Blend: It’s good to be a Gulf carrier—Gulf carriers are well positioned to connect the whole world. But it might be better to be a near-the-Gulf carrier like Turkish Airlines. Turkish offers a blend of service as an intercontinental carrier and also as a gatewa... by Airline Weekly Lounge
30 min listen
Airline Weekly Lounge Episode 14: IAG Is A-OK: Whew! The busiest week of earnings season has us hustling. We kick off our around-the-world sprint with IAG, the airline group that is British Airways, Iberia, Vueling and more recently Aer Lingus. While IAG led Europe’s Big Three in profits, Lufthansa n... by Airline Weekly Lounge
23 min listen
Airline Weekly Lounge Episode 24: Rapidly Receding Revenues: Where Delta’s revenues were relatively resilient, United’s are rapidly receding, at least in the fourth quarter. In Episode 24—informally “part two” of U.S. earnings season—we discuss the sources of United’s revenue declines and the many moves the airlin... by Airline Weekly Lounge
31 min listen
Airline Weekly Lounge Episode 40: Emirates Strikes Back: Emirates last week posted an operating margin nearing 10% for its fiscal year. That’s significantly better than the 7% the year before and a whole lot better than the 5%, 4%, and 3% posted in the years prior to that. Is the airline permanently out of its... by Airline Weekly Lounge
30 min listen
Airline Weekly Lounge Episode 39: Eurowing and a Prayer: Is growing Eurowings a safe bet? Lufthansa’s low-cost unit had a rough first quarter and that might not be the last. Eurowings is growing like gangbusters, propelling itself into the teeth of a crowded airline market and doing so with an unproven low-cos... by Airline Weekly Lounge
31 min listen
Airline Weekly Lounge Episode 46: Left Behind by Brexit?: In the wake of Brexit, will the U.K. be able to remain in the European Common Aviation Area? We don’t know. But we do know that if the U.K. is relegated to some other status, it would obviously impact airlines inside and outside the U.K. In this episode ... by Airline Weekly Lounge
38 min listen
Airline Weekly Lounge Episode 35: Chinese Airlines Show Stress: Is China’s slowing economy taking its toll on the country’s Big Three carriers? So far Air China, China Eastern and China Southern have held up well and posted a rather good 2015. But the fourth quarter of 2015 showed some signs of deterioration—even by ... by Airline Weekly Lounge
29 min listen
Airline Weekly Lounge Episode 37: Southwest and Alaska Outperform: While Delta, American and United have all seen both revenues and costs dropping, Southwest and Alaska just experienced the opposite in the first quarter. In fact, Southwest and Alaska rode a wave of rising revenues (say that three times fast) and rising ... by Airline Weekly Lounge
25 min listen

More Episodes from Airline Weekly Lounge

Skip carousel

Spirit Airlines and Japan by Airline Weekly Lounge
31 min listen
Euro-Things by Airline Weekly Lounge
32 min listen
JetBlue and Volaris by Airline Weekly Lounge
33 min listen
Why Delta's Flying High by Airline Weekly Lounge
31 min listen
Low-Cost, Long-Haul Challenges by Airline Weekly Lounge
30 min listen
The Michael O'Leary Interview: The Michael O'Leary Interview by Airline Weekly Lounge
33 min listen
High Flyers and Terminal Declines by Airline Weekly Lounge
28 min listen
The Lufthansa Problem by Airline Weekly Lounge
31 min listen
American Airlines Fights Back by Airline Weekly Lounge
28 min listen
IAG Earnings in the Spotlight by Airline Weekly Lounge
26 min listen
Megatrends 2024: Supply Chains and Climate Change by Airline Weekly Lounge
26 min listen
A Surprise Thai Turnaround by Airline Weekly Lounge
28 min listen
Plotting A New Frontier by Airline Weekly Lounge
29 min listen
The Rising Fortunes of Ryanair: Ryanair has its problems, but it is doing much better than most. by Airline Weekly Lounge
28 min listen
What do United Airlines and easyJet Have in Common? by Airline Weekly Lounge
43 min listen
Judge to JetBlue: No Merger for You by Airline Weekly Lounge
32 min listen
What’s the Latest with Boeing’s 737 Max? by Airline Weekly Lounge
20 min listen
Air France-KLM's Outlook by Airline Weekly Lounge
28 min listen
U.S. Airlines See Strong December Quarter Demand by Airline Weekly Lounge
28 min listen
The Alaska-Hawaiian Merger: Pros and Cons by Airline Weekly Lounge
30 min listen
An All British Affair by Airline Weekly Lounge
26 min listen
Steven Udvar-Hazy at the Skift Aviation Forum by Airline Weekly Lounge
33 min listen
Boeing’s Big Week in Dubai by Airline Weekly Lounge
25 min listen
Ryanair and Singapore Airlines Watch the Competition by Airline Weekly Lounge
25 min listen
American Airlines CEO Robert Isom by Airline Weekly Lounge
37 min listen
Hawaiian and Volaris's Struggles by Airline Weekly Lounge
25 min listen
The U.S. Air Travel Recovery Flatlines by Airline Weekly Lounge
26 min listen
Delta's Profit Machine by Airline Weekly Lounge
25 min listen
Air France-KLM Moves on SAS by Airline Weekly Lounge
30 min listen
Breeze Founder and CEO David Neeleman: Breeze Airways founder and CEO, and perennial airline entrepreneur, David Neeleman sat down for a wide ranging conversation with Brian Sumers at the Skift Global Forum. by Airline Weekly Lounge
28 min listen

Related podcast episodes

Skip carousel

The Market Rally's "Drive for Five" and Jamie Dimon's Letter to Shareholders 4/4/23: Carl Quintanilla and Jim Cramer discussed the recent market rally as the Dow and S&P 500 aim to extend their respective daily win streaks to five. The anchors reacted to stats from Apollo which show how the S&P's 2023 rally isn't broad-based, but driven by 20 stocks. Are the names in focus worth buying? Carl and Jim also offered their takes on the annual shareholder letter from JPMorgan Chase CEO Jamie Dimon – which covered everything from the banking crisis to the economy. Also in focus: Ford electric vehicle sales sizzle in Q1, Apple as a top teen pick, Google and staplers, upgrades and downgrades, Disney CEO Bob Iger slams Florida Gov. Ron DeSantis. by Squawk on the Street
43 min listen
Q2 Beats for BofA and Morgan Stanley, Dow Aims for 7-Day Win Streak, June Retail Sales Miss 7/18/23: Carl Quintanilla, Jim Cramer and David Faber explored market reaction to bank earnings, led by better-than-expected second-quarter results from Bank of America and Morgan Stanley. All of this coming one day after the Dow extended its daily win streak to six -- and both the S&P 500 and Nasdaq rose to levels not seen since April 2022. Also in focus: June retail sales growth missed economists' forecasts, Shares of AT&T and Verizon try to end major losing streaks, Wall Street calls and the “Magnificent 7," media stocks’ moves in light of the labor strikes in Hollywood. Squawk on the Street Disclaimer by Squawk on the Street
44 min listen
Global oil market dynamics at stake in Trump-Biden race: The US presidential election could have far-reaching implications for the global oil market. Chris Midgley, global head of analytics for S&P Global Platts, takes us through the biggest potential impacts for supply, demand and price. He covers Iran... by Capitol Crude: The US Energy Policy Podcast
19 min listen
Earnings Preview: 2nd-quarter earnings season kicks off this week. Ron Gross & Morgan Housel analyze the earnings landscape, the strength of the U.S. dollar and why the energy industry is in for some pain. Plus, we discuss the impending sweet IPO that’s... by MarketFoolery
16 min listen
02-10-20: Report: Where The Jobs Are By Sector: The January 2020 jobs report showed U.S. companies added many more positions than expected during the month. Today's Stocks & Topics: I-R-A Mistakes, January Effect in the Stock Market, The Dollar, PDCE - PDC Energy Inc., China & the... by InvestTalk
47 min listen
Markets Slump, Dimon's 20% Message, “Fedspeak” on Rate Hike Caution, and the Gig Is "Down" for Uber and Lyft 10/11/22: Carl Quintanilla, Jim Cramer and David Faber discussed the challenges facing markets in the midst of a four-session losing streak. The anchors reacted to JPMorgan Chase CEO Jamie Dimon's comments to CNBC: He said the S&P 500 could fall "another easy 20%." The Fed in the spotlight after two policymakers called for caution regarding interest rate hikes. Also in focus: Market bright spots, shares of Uber and Lyft tumble on news of a Labor Department proposal to change independent contractor rules, Meta gets downgraded and Russia reportedly added the company to its list of terrorists and extremists, how to play the chip stock slump, and the Bank of England expands bond buying to calm markets. by Squawk on the Street
43 min listen
Trade Pessimism Pause, An Executive Shake-up at T-Mobile & Fedex CEO to NYT: Let’s Debate!: Carl Quintanilla, David Faber & Jim Cramer discuss why China-U.S. trade deal pessimism is weighing on investor sentiment, as stocks hit pause on the record rally. Plus, David’s latest reporting on T-Mobile, CEO John Legere’s upcoming departure and what impact it could have on the Sprint deal. And FedEx versus the New York Times: CEO Fred Smith challenging the publisher to a debate, but the paper standing by its reporting that the shipping giant paid no taxes in 2018. by Squawk on the Street
43 min listen
March Powers, April Sours? 3/31/22: The major averages on pace for their first positive month of the year. Scott Wapner and the Investment Committee debate the great bounce-back in March and whether April will see more gains. Or, have the gains been pulled forward? And later, Jim Cramer calls in to debate AMD and Intel, the Committee have some differing opinions! by Halftime Report
52 min listen
J-Bo & Jared: Caleb Grill's dismissal, Iowa destroys Indiana and more: The fellas discuss the Caleb Grill situation and Iowa's win over Indiana by Iowa Everywhere
54 min listen
Episode 750 - Nissan in Grape Danger, Prices Fall as China Cools, 2012 Sales Will Improve: Episode 750 - Nissan in Grape Danger, Prices Fall as China Cools, 2012 Sales Will Improve by Autoline Daily - Video
8 min listen
10-08-19: High-Profile Investor Warns Stocks Could Tumble 15% By Early Next Year: Citing the U.S.-China trade war, this opinion says the economic conditions in the U.S. are not conducive for risk-taking. Today's Stocks & Topics: BIG - Big Lots Inc., Return on Equity, CVS - CVS Health Corp., China Trade Deal, Investment... by InvestTalk
46 min listen
12-09-19: Strategist: U.S.-China Trade War Is ‘Unresolvable’: Market volatility is fueled, in part, by the uncertainty of the unresolved U.S.-China trade dispute-- and one analyst says there is "no end in sight". Today's Stocks & Topics: U.S. Manufacturers, Inherited I-R-As, D - Dominion Energy Inc.,... by InvestTalk
46 min listen
Sound On: Gas Tax Holiday Gimmick, Did Powell Predict a Recession? by Balance of Power
38 min listen
Fed Decision Day, Regional Banks After the Sell-off, AMD and Yum Brands CEOs 5/3/23: Jim Cramer and David Faber explored what to expect from the Fed's much-anticipated decision on interest rates -- and where regional banks fit into the picture following the group's Tuesday sell-off. AMD CEO Lisa Su and Yum Brands CEO David Gibbs joined the program to discuss their companies' respective quarterly results and outlook. Also in focus: Lilly gets a boost from its Alzheimer’s drug trial, reaction to earnings from the likes of Ford and Starbucks, plus why shares of Estee Lauder took a 20% hit. Squawk on the Street Disclaimer by Squawk on the Street
44 min listen
DC Major League Rugby Update, APC and Club Recaps (EOD204) by Earful of Dirt - The Major League Rugby Podcast
53 min listen
Steel market adapts to rapid changes as coronavirus spreads across US: Unlike other commodities sectors, the domestic steel market seemed to be largely immune during the first few weeks of Covid-19’s spread across the US. Prices held relatively steady and mill production was fairly constant, with most participants... by Commodities Focus
12 min listen
Williams & Blum: Recapping the Mandel interview; previewing UNI: Game week is here! Williams & Blum talk UNI, Big 12, the Mandel interview and more. by Cyclone Fanatic
62 min listen

Discover this podcast and so much more

United's Fascinating First Quarter

United's Fascinating First Quarter

Description

Titles in the series (100)

More Episodes from Airline Weekly Lounge

Related podcast episodes