Railroad Recession & Airline Boom | Jay Shabat on Planes & Trains

On todays episode of Forward Guidance Jay Shabat Senior Analyst at Skift & Author of both Airline Weekly & Railroad Weekly joins the show for a discussion on the state of the Airline & Railroad industries in 2023.

After the pandemic shock of 2020, Jay walks through how the ensuing 3 years have shaped the industries stating that airline demand continues surging, but freight demand is painting a different picture. Does airline & railroad demand give a useful insight into the health of the U.S economy? To hear all this & more, you'll have to tune in!


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(00:00) Introduction

(00:52) The State Of Airlines In 2023

(03:09) How The Pandemic Impacted The Airline Industry

(10:32) We're Not Seeing An Economic Slowdown Yet

(20:40) International Travel

(25:06) Why Airlines Aren't A Great Business

(29:15) The Airline Industry Would Have Gone Bankrupt If Not For Government Assistance

(36:20) The State Of Freight In 2023

(51:44) Consolidation In The Freight Industry

(57:40) What Can Freight Tell Us About The U.S Economy?

(01:10:02) How Do Airlines Hedge?


Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

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