US Customs & Border Protection August Data | Air Crossings Stable | Europe Could Gain From US Losses
August data from the US Customs & Border Protection agency shows a decline in US border crossings. Air crossings have held up relatively well, but...
283 Views
Monthly Chinese Tourism Tracker | Momentum Shifts From Airlines to TCOM | September 2025
Chinese air travel growth continues to slow. Chinese airlines have been unable to lift margins as aircraft utilization improves, and we no longer...
528 Views
Trip.com Q225 Results | Big Buyback a Surprise | But Margins Still Under Pressure | Fair Value US$60
Trip.com announced a big share buyback last week, but its Q225 core results were unimpressive. Given modest growth expectations, we put fair value...
315 Views
US Customs & Border Patrol Traveler Data Show Mixed Picture, Sharp Drop in Northern Border Crossings
Recently released US border crossing data show a mixed bag: total crossings at the US Northern and Southern borders are down YTD, but crossings by...
344 Views
Monthly Air Cargo Tracker | April Data Shows Slowing Demand, Low (And Falling) Capacity Utilization
April data from Asian carriers and a range of air cargo gateways on both sides of the Pacific suggest moderating demand growth and low carrier...
395 Views