This week’s “Blizzard” edition of PlaneBusiness Banter is now posted.
This week we bring you all the good stuff from this week’s JP Morgan Aviation, Transportation and Industrials Conference. This conference is always timed perfectly — it lets airlines update 1Q guidance, and it also allows them to look out into 2Q as well. All the major U.S. carriers presented, including United Airlines, American Airlines, JetBlue, Southwest Airlines, Delta Air Lines, and Alaska Airlines, in addition to Air France, IAG, and WestJet.
We also take a look at who could win and who could lose if the New York and New Jersey Port Authority decides to remove the current perimeter rules in effect at LaGuardia.
Oh, and then there is that cat fight going on in Georgia between legislators and Delta Air Lines. But is this really just about taking the airline’s jet fuel tax exemption away? No, as is usually the case with politics, there is more to the fight than meets the eye.
Meanwhile, across the pond, reports this weekend claim that British Airways apparently hacked into the laptops and phones of employees back during the nasty union/management fights in 2011. The catch? The airline owned the phone and/or computers. Interesting story on how all of this came to light.
It was a horrible week for airline stocks last week. Wasn’t too much better for the market as a whole, but the airlines took it on the chin especially hard.
Meanwhile, the price of crude dropped again, but the price of jet fuel rose. We’ll tell you why.
All of this and more in this week’s edition of PlaneBusiness Banter.