In part one, Gordon and Jay discuss a mixed set of Q2 results for Turkish Airlines. In part two, the conversation turns to Allegiant Air, with the U.S. carrier now taking Sun Country under its wing.
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00:00 Welcome and agenda
00:54 Turkish earnings overview
02:47 Why margins fell
05:16 Middle East disruptions
07:12 Gulf competition returns
08:56 Cargo boosts revenue
11:18 Q3 outlook and seasonality
12:46 Air Europa stake update
16:23 Wrap Turkish and break
17:17 Allegiant merger context
18:10 Best US margins
19:41 Product and distribution shifts
22:01 Demand and Florida focus
24:12 Fuel flexibility model
25:21 Pilot retention challenge
26:52 Forum announcements and close
28:31 Final subscribe reminders
