Airlines

Carriers, networks, earnings and competition across the global airline business.

Airlines

The Bank Attached to an Airline: How Loyalty Programs Became Carriers' Most Valuable Asset

During the pandemic, US airlines mortgaged their frequent-flyer programs for billions — and the valuations revealed that the programs were worth more than the airlines themselves. Here's how selling miles to banks became the industry's real business.

20 August 2026 · 7 minRajkumar Agarwal

Airlines

IndiGo's Widebody Retreat Hands Air India the Long-Haul Market — For Now

IndiGo will end its damp-leased widebody operations by late October 2026, pausing most of its Europe ambitions and leaving Air India as India's only long-haul operator until the A350s arrive.

20 August 2026 · 6 minRajkumar Agarwal