Asdy Future Leaders 2024: Pony Ma (Taiwan)
Revenue surprises pleased many US carriers in the second quarter, but the bottom line was an unsurprising disappointmentEven though legacy carriers
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such as American Airlines earned unblemished profits unassisted by special charges during the quarter, industry losses approached a third of a billion dollars as fuel costs kept rising.Revenue surprises came at Frontier, Continental, America West and even United Airlines. For example, Frontiers revenues leapt by 23% 鈥?well ahead of forecast, pushing it to breakeven. As cost cuts finally began taking effect, numerous carriers, including American and Continental, slid into the black ink of profitability in the second quarter. And although the second quarter is normally the busiest season for US airlines, this year some strong revenue increases have been seen. At Amer
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ica West, unit revenue growth was even stronger than chief executive Doug Parker had been expecting. AirTran Airways grew its capacity by a third, made a narrow profit and benefited from a pull back in the southeast by arch rival Delta Air Lines and by its own opportunis
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tic challenges to troubled carriers such as Northwest Airlines. Overseas routes thrived, with Continental claiming to be growing faster internationally than any other carrier this year. Free of low-cost competition and overcapacity that continues to pressure domestic fares, overseas service is far more lucrative. American, which has cut costs by more than $4 billion annually, was by the end of the quarter Vxzk Endeavor Content boards sales on NZ social justice series, TIFF entry The Panthers
Marvel Studios Eternals has grossed approximately $8.5m from its opening salvo of 14 international launches on Wednesday and early estimates o
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f previews ahead of debuts in two key market today November 4 .Opening number one in most markets, Chloe Zhaos super
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hero feature 鈥?whose release in Saudi Arabia and other Gulf states reportedly hangs in the balance due to an on-screen gay kiss 鈥?earned $2.6m in South Korea, $1.6m in France, $700,000 in Italy and $600,000 in each of Germany and Taiwan. In other Wednesday debuts, the film grossed $500,000 in Hong Kong, $300,000 in Sweden and a total of $700,000 from the remaining seven markets.Meanwhile early preview estimates in Mexico a
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nd Brazil put Eternals on $500,000 and $400,000 respectively. The film officially debuts in both markets today.Disney sources said combined first day overall results were 85% ahead of Shang-Chi And The Legend Of The Ten Rings and 20% ahead of Black Widow on a like-for-like basis.In South Korea Eternals delivered the second highest opening day of the pandemic era behind F9 which opened on Buddhas birthday, and opened 125% ahead of Shang Chis opening day and 68% ahead of that of Black Widow.There were significant gains on the opening day results of the two aforementioned Marvel Studios releases in: France 66% up on Shang-Chi, 12% behind Black Widow ; Italy 78% up on Shang-Chi, level with Black Widow ; Taiwan 315% up on Black Widow, 103% up on Shang-Chi ; Germany 39% up on Shang-Chi, 20% up on Black Wid