Latest news with #BarryBiffle
Yahoo
3 days ago
- Business
- Yahoo
Two Major Airlines Share Huge Warning to Domestic Travelers
Two Major Airlines Share Huge Warning to Domestic Travelers originally appeared on Parade. Two of the nation's biggest airline executives are signaling turbulent skies ahead for domestic travelers. Frontier Airlines CEO Barry Biffle sounded the alarm during the company's second-quarter earnings call on Tuesday, August 5, cautioning that cuts to flight schedules may be inevitable. 'There's going to continue to be reductions in capacity in this industry,' he said, noting that many domestic routes are no longer profitable. Biffle explained that the supply of flights within the U.S. has outpaced demand, squeezing margins for airlines. 'I'm talking about domestic fares in the domestic marketplace,' he said. 'We believe that the entire industry is not making money…nThe domestic [flights are] not making money. And that's because there is too much supply relative to demand.' People reports that the low-cost carrier received $929 million in revenue for the quarter but posted a net loss of $70 million. His comments come just weeks after United Airlines CEO Scott Kirby issued a similar prediction, per The Street. Speaking earlier this summer, Kirby pointed out that 'every airline that's not named United or Delta' is losing money on a sizable portion of its routes. 'And the only way for them to get margins that are anywhere close to their WAC is to stop flying places that lose money. And that is going to ultimately happen,' he said. RELATED: The World's Most Family-Friendly Airport Isn't Where You'd Expect While Kirby suggested the changes wouldn't happen 'tomorrow' or 'in the near term,' he emphasized that 'economic gravity is ultimately going to win,' predicting that reductions in supply would benefit United and Delta most in the long run. Biffle's remarks, however, imply that the reckoning could arrive faster than expected — potentially leading to fewer flight options and reduced competition on domestic routes. For travelers, that could mean higher fares and less flexibility when booking trips within the U.S. Two Major Airlines Share Huge Warning to Domestic Travelers first appeared on Parade on Aug 10, 2025 This story was originally reported by Parade on Aug 10, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Two Major Airlines Share Huge Warning to Domestic Travelers
Two Major Airlines Share Huge Warning to Domestic Travelers originally appeared on Parade. Two of the nation's biggest airline executives are signaling turbulent skies ahead for domestic travelers. Frontier Airlines CEO Barry Biffle sounded the alarm during the company's second-quarter earnings call on Tuesday, August 5, cautioning that cuts to flight schedules may be inevitable. 'There's going to continue to be reductions in capacity in this industry,' he said, noting that many domestic routes are no longer profitable. Biffle explained that the supply of flights within the U.S. has outpaced demand, squeezing margins for airlines. 'I'm talking about domestic fares in the domestic marketplace,' he said. 'We believe that the entire industry is not making money…nThe domestic [flights are] not making money. And that's because there is too much supply relative to demand.' People reports that the low-cost carrier received $929 million in revenue for the quarter but posted a net loss of $70 million. His comments come just weeks after United Airlines CEO Scott Kirby issued a similar prediction, per The Street. Speaking earlier this summer, Kirby pointed out that 'every airline that's not named United or Delta' is losing money on a sizable portion of its routes. 'And the only way for them to get margins that are anywhere close to their WAC is to stop flying places that lose money. And that is going to ultimately happen,' he said. RELATED: The World's Most Family-Friendly Airport Isn't Where You'd Expect While Kirby suggested the changes wouldn't happen 'tomorrow' or 'in the near term,' he emphasized that 'economic gravity is ultimately going to win,' predicting that reductions in supply would benefit United and Delta most in the long run. Biffle's remarks, however, imply that the reckoning could arrive faster than expected — potentially leading to fewer flight options and reduced competition on domestic routes. For travelers, that could mean higher fares and less flexibility when booking trips within the U.S. Two Major Airlines Share Huge Warning to Domestic Travelers first appeared on Parade on Aug 10, 2025 This story was originally reported by Parade on Aug 10, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Frontier Airlines CEO Issues Bleak Warning About the Future of Domestic Air Travel — Including Costs and Convenience
NEED TO KNOW Frontier Airlines CEO Barry Biffle warned that domestic airline travel may get less convenient and more expensive for travelers He made the comments during the airline's recent second-quarter earnings call Biffle said domestic flights are not profitable for airlines due to a lack of demand, compared to the supplyFrontier Airlines CEO Barry Biffle has issued a bleak warning about the future of affordable airline travel. 'There's going to continue to be reductions in capacity in this industry,' Biffle said during the company's second-quarter earnings call on Aug. 5, per The Economic Times. Biffle added that airlines will likely be forced to cut the number of flights and routes they provide to travelers, as many domestic-focused ones are proving unprofitable, The Street reported. This would ultimately translate to fewer flight options and fewer budget fares for customers. 'I'm talking about domestic fares in the domestic marketplace,' Biffle said on the call. 'We believe that the entire industry is not making money [...] The domestic [side] is not making money. And that's because there is too much supply relative to demand.' While the budget airline made $929 million in profit in their second quarter of 2025, the airline had a net loss of $70 million, the company's public financial records show. United Airlines CEO Scott Kirby made similar comments about the lack of profitability of current airline models during the company's second-quarter earnings call as well, per The Street. Kirby said, 'If I dig deeper into it and I look at every airline that's not named United or Delta, I can find at every single one of them, a double-digit percentage of their route network that loses money. And the only way for them to get margins that are anywhere close to their [wholesale acquisition cost] is to stop flying places that lose money. And that is going to ultimately happen.' The PEOPLE Puzzler crossword is here! How quickly can you solve it? Play now! However, not all airline execs are in agreement over the pessimistic prognosis of the industry. American Airlines CEO Robert Isom addressed Kirby's comments during his company's second-quarter call, stating, per Forbes, 'We don't run our airline based on other airlines' perception of our business." And while Islom acknowledged the 'reluctance of domestic travelers' to get more involved in the more profitable international travel 'game,' he added, 'We think that's going to change." Never miss a story — sign up for to stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories. These discussions come at a time when the airline industry has been under much public scrutiny. Back in March, CNN reported that the 'fear of flying' had driven down ticket sales in recent months, after several high-profile plane crashes. 'We saw a pretty immediate stall in both corporate travel and bookings,' Delta Air Lines CEO Ed Bastian said at the time, per the outlet. 'Consumer confidence and certainty in air travel started to wane a little bit as questions of safety came in.' Several airlines have since implemented strategies to try to entice potential customers and stand out in the competitive market. Frontier Airlines previously announced that it would be offering a new option called "Economy Bundle" through Aug. 18, which includes a 'free carry-on bag, free seat selection, and free flight changes.' Read the original article on People Sign in to access your portfolio
Yahoo
4 days ago
- Business
- Yahoo
Frontier Airlines CEO Issues Bleak Warning About the Future of Domestic Air Travel — Including Costs and Convenience
NEED TO KNOW Frontier Airlines CEO Barry Biffle warned that domestic airline travel may get less convenient and more expensive for travelers He made the comments during the airline's recent second-quarter earnings call Biffle said domestic flights are not profitable for airlines due to a lack of demand, compared to the supplyFrontier Airlines CEO Barry Biffle has issued a bleak warning about the future of affordable airline travel. 'There's going to continue to be reductions in capacity in this industry,' Biffle said during the company's second-quarter earnings call on Aug. 5, per The Economic Times. Biffle added that airlines will likely be forced to cut the number of flights and routes they provide to travelers, as many domestic-focused ones are proving unprofitable, The Street reported. This would ultimately translate to fewer flight options and fewer budget fares for customers. 'I'm talking about domestic fares in the domestic marketplace,' Biffle said on the call. 'We believe that the entire industry is not making money [...] The domestic [side] is not making money. And that's because there is too much supply relative to demand.' While the budget airline made $929 million in profit in their second quarter of 2025, the airline had a net loss of $70 million, the company's public financial records show. United Airlines CEO Scott Kirby made similar comments about the lack of profitability of current airline models during the company's second-quarter earnings call as well, per The Street. Kirby said, 'If I dig deeper into it and I look at every airline that's not named United or Delta, I can find at every single one of them, a double-digit percentage of their route network that loses money. And the only way for them to get margins that are anywhere close to their [wholesale acquisition cost] is to stop flying places that lose money. And that is going to ultimately happen.' The PEOPLE Puzzler crossword is here! How quickly can you solve it? Play now! However, not all airline execs are in agreement over the pessimistic prognosis of the industry. American Airlines CEO Robert Isom addressed Kirby's comments during his company's second-quarter call, stating, per Forbes, 'We don't run our airline based on other airlines' perception of our business." And while Islom acknowledged the 'reluctance of domestic travelers' to get more involved in the more profitable international travel 'game,' he added, 'We think that's going to change." Never miss a story — sign up for to stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories. These discussions come at a time when the airline industry has been under much public scrutiny. Back in March, CNN reported that the 'fear of flying' had driven down ticket sales in recent months, after several high-profile plane crashes. 'We saw a pretty immediate stall in both corporate travel and bookings,' Delta Air Lines CEO Ed Bastian said at the time, per the outlet. 'Consumer confidence and certainty in air travel started to wane a little bit as questions of safety came in.' Several airlines have since implemented strategies to try to entice potential customers and stand out in the competitive market. Frontier Airlines previously announced that it would be offering a new option called "Economy Bundle" through Aug. 18, which includes a 'free carry-on bag, free seat selection, and free flight changes.' Read the original article on People Sign in to access your portfolio Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Frontier Airlines CEO Issues Bleak Warning About the Future of Domestic Air Travel — Including Costs and Convenience
NEED TO KNOW Frontier Airlines CEO Barry Biffle warned that domestic airline travel may get less convenient and more expensive for travelers He made the comments during the airline's recent second-quarter earnings call Biffle said domestic flights are not profitable for airlines due to a lack of demand, compared to the supplyFrontier Airlines CEO Barry Biffle has issued a bleak warning about the future of affordable airline travel. 'There's going to continue to be reductions in capacity in this industry,' Biffle said during the company's second-quarter earnings call on Aug. 5, per The Economic Times. Biffle added that airlines will likely be forced to cut the number of flights and routes they provide to travelers, as many domestic-focused ones are proving unprofitable, The Street reported. This would ultimately translate to fewer flight options and fewer budget fares for customers. 'I'm talking about domestic fares in the domestic marketplace,' Biffle said on the call. 'We believe that the entire industry is not making money [...] The domestic [side] is not making money. And that's because there is too much supply relative to demand.' While the budget airline made $929 million in profit in their second quarter of 2025, the airline had a net loss of $70 million, the company's public financial records show. United Airlines CEO Scott Kirby made similar comments about the lack of profitability of current airline models during the company's second-quarter earnings call as well, per The Street. Kirby said, 'If I dig deeper into it and I look at every airline that's not named United or Delta, I can find at every single one of them, a double-digit percentage of their route network that loses money. And the only way for them to get margins that are anywhere close to their [wholesale acquisition cost] is to stop flying places that lose money. And that is going to ultimately happen.' The PEOPLE Puzzler crossword is here! How quickly can you solve it? Play now! However, not all airline execs are in agreement over the pessimistic prognosis of the industry. American Airlines CEO Robert Isom addressed Kirby's comments during his company's second-quarter call, stating, per Forbes, 'We don't run our airline based on other airlines' perception of our business." And while Islom acknowledged the 'reluctance of domestic travelers' to get more involved in the more profitable international travel 'game,' he added, 'We think that's going to change." Never miss a story — sign up for to stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories. These discussions come at a time when the airline industry has been under much public scrutiny. Back in March, CNN reported that the 'fear of flying' had driven down ticket sales in recent months, after several high-profile plane crashes. 'We saw a pretty immediate stall in both corporate travel and bookings,' Delta Air Lines CEO Ed Bastian said at the time, per the outlet. 'Consumer confidence and certainty in air travel started to wane a little bit as questions of safety came in.' Several airlines have since implemented strategies to try to entice potential customers and stand out in the competitive market. Frontier Airlines previously announced that it would be offering a new option called "Economy Bundle" through Aug. 18, which includes a 'free carry-on bag, free seat selection, and free flight changes.' Read the original article on People Erreur lors de la récupération des données Connectez-vous pour accéder à votre portefeuille Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données
