Boeing CEO Outlines Path to Recovery After Nearly $4 Billion Quarterly Loss
Boeing CEO Kelly Ortberg said the company was “seeing encouraging signs” as it tries to recover following a rough 2024.
Travel Industry Earnings Coverage
Don't miss out on Skift's in-depth coverage of earnings reported by public travel companies, including online travel agencies, hotel brands, airlines, and technology companies. Our earnings stories cut through the numbers to explain what's really happening at companies and within the industry as a whole.
Oyo's Expansion Plan: From Goa to Religious Spots — India Report
Oyo is ensuring it stays competitive in the growing spiritual tourism market, a sector that has caught the attention of major players like MakeMyTrip and proven to be a significant revenue driver for them.
IndiGo Returns to Profitability, Eyes Early Long-Haul Launch
Indian airlines are looking to turn the country into a global aviation hub. But competition from Gulf carriers looms.
MakeMyTrip Finds New Growth in Spiritual and Live Tourism
MakeMyTrip’s earnings call highlights a crucial point: Travel is no longer a luxury but an integral part of contemporary Indian lifestyle.
American Airlines’ Outlook Falls Short as It Expects Rising Costs
American said it was anticipating higher costs driven by lower capacity and expensive labor contracts to dampen its first-quarter outlook.
Breeze Airways Reports First Profitable Quarter Since 2021 Launch
Breeze, one of the newer carriers in the U.S., recorded its first profitable quarter as its ultra-low-cost rivals struggle.
United Airlines Sees Winter Travel Boom as Profits Soar
Winter travel ranging from popular ski destinations in the U.S. to southern Europe are some of the reasons why United’s profits surged.
Coldplay and Weddings to Drive Growth at Indian Hotels Co.
With foreign tourists yet to return, domestic business and leisure travel is fueling IHCL's growth. And anciliary businesses are diversifying its revenue streams.
What Premier Inn’s Results Tell Us About Budget Travelers and Rising Costs
Premier Inn's headline performance number wasn't great. Revenue per available room was down 2.5% year-over-year in the third quarter. But in hotels, like in life, context is everything.
Southwest Pauses Corporate Hiring, Most Summer Internships to Cut Costs
Following a bitter battle with an activist investor, Southwest is pausing corporate hiring and most summer internships to cut costs and improve margins.