Fares Have Been Primed to Rise, Airlines Are Finally Making It Happen
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Earnings season has officially begun with, as always, Delta kicking off festivities late last week and then United just yesterday releasing its numbers. The airlines unsurprisingly did very well, but the results and more importantly, forward-looking guidance, show that we may have finally seen a structural shift. Airfares are up, and I don’t imagine they’ll be going back down anytime soon.
On the surface, it looks like Delta is outperforming with an operating margin of 9.4 percent
On the surface, it looks like Delta is outperforming with an operating margin of 9.4 percent
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