A pair of airlines under massive financial pressures faced different investment outcomes this week. Still, the long term prospects for WOW Air and Jet Airways both remain unclear.
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Also in this episode:
- Will the Amsterdam – Brussels route see flights banned? And could integrated rail service help address connecting issues?? Maybe even a hyperloop play involved.
- Jet Airways finally had its founder step aside, helping pave the way for a fresh round of capital to be invested. But with so many planes grounded – including the international fleet – the outlook is bleak.
- WOW Air’s future is even more tenuous. Multiple investors have walked away and odds of finding the additional $41mm needed to keep flying seem low.
- Kansas City is getting a much needed new airport terminal, with the groundbreaking held this week. Yes, it is expensive. Seth makes the argument that it is a smart investment.
- Does the grounding of the 737 MAX spell the beginning of a decline for the commercial aviation world? A recent piece in The Air Current argues yes. We’re less convinced.
- Oh, and a British Airways flight went to the wrong airport.
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Just a quick point— both PHL-JFK and PHL-EWR are gone now.
Having the JFK connection was actually super useful for international travel. It’s a PITA to get to via transit from Philly (subway, Amtrak, subway, airtrain), and so the flights were actually a timesaver.
Yeah…we should’ve been more clear that those were past routes for slot squatting. But it still was impressive they existed.