Airlines represent one of the most challenging and complex industries in todayās economy. With thousands of flights moving people and cargo around the world every day, airlines manage a ācomplicated logistical dance,ā as Oscar Munoz, United Airlinesā former Chairman and CEO, tells us in this episode of The Outthinking Investor. The airline industry has adapted and evolved through technological innovation, consolidation, regulatory changes, and an increasingly competitive transportation sectorāproviding universal lessons for businesses and investors. Amid a turbulent outlook, this episode explores how airlines are addressing a host of business challenges, from the threat of aircraft tariffs to volatile fuel costs and customer demand. Topics include business strategies that drive revenues and boost profits, the future of business and leisure travel, navigating antiquated air traffic control systems, the outlook for low-cost carriers, and reflections on United Airlinesā turnaround. Our guests are: Oscar Munoz, former United Airlines Chairman and CEO Jack Fitzsimmons, credit analyst on PGIM Fixed Incomeās US Leveraged Finance Credit Research team Sean Goodier, credit analyst on PGIM Fixed Incomeās European Investment Grade Credit Research team Do you have any comments, suggestions, or topics you would like us to cover? Email us at
[email protected], or fill out our survey at PGIM.com/podcast/outthinking-investor. To hear more from PGIM, tune into Speaking of Alternatives, available on Spotify, Apple, Amazon Music, and other podcast platforms. Explore our entire collection of podcasts at PGIM.com.