Delta Airlines has reaffirmed its profit guidance, which is crucial for the airlines sector. U.S. airlines are facing constraints on growth due to shortages of new planes, jet engines, and pilots, leading them to pursue growth through acquisitions, raising antitrust concerns. This could have implications beyond the airline industry, as discussed in the context of $JBLU and $SAVE. The dominance of the 'big five' airlines in the industry is also highlighted, with airlines worldwide spending approximately half a billion dollars annually on in-flight entertainment, potentially impacting companies like $LGF.
"Airlines worldwide spend an estimated half a billion dollars a year on movies, television shows, live TV, podcasts and music" Meaningful for $LGF. Less material for the others. https://t.co/Pdm3XX4xm4
How the "big five" airlines came to dominate the skies https://t.co/E8MvgIyp6V
Weekend Thoughts on Antitrust, and how $JBLU / $SAVE might have effects beyond the airline industry https://t.co/2OhIqxfwwM
US airlines' plans for growth constrained by antitrust concerns https://t.co/FYUWUyVNOs https://t.co/HgkQ3PS1CK
⚠️ ANALYSIS-US AIRLINES' PLANS FOR GROWTH CONSTRAINED BY ANTITRUST CONCERNS Shortages of new planes, jet engines and pilots have left U.S. airlines with little choice but to pursue growth through acquisitions - which then puts them in the crosshairs of anti-trust regulators. https://t.co/u0wteCJpHn
Delta Sticks to Profit Guidance. Why That’s Important for the Airlines Sector. https://t.co/7rmMKvI2P8