Airlines

Combined net profit hit US$12.1 billion, but rising fuel prices cloud outlook for carriers

Renewed Middle East volatility has raised fresh doubts over whether weaker carriers can generate enough cash during the summer to survive the winter

Sun Group is betting big on Phu Quoc infrastructure to sustain visitor momentum beyond the summit

EasyJet has struggled to recover since the Covid-19 pandemic

Many carriers are keeping suspensions in place

The opportunity set could go up to US$8.5 billion

Shift back to Gulf airlines has been gradual rather than pronounced, data shows

The carriers will also ‘deepen cooperation’ between their KrisFlyer and PhoenixMiles frequent flyer programmes

Consumer demand for air travel remaining high, airlines are unlikely to lower their fares