Regional travel is on the verge of rebounding. What Next?
On the 14th of May, last Friday, only seven commercial flights arrived at Florence Airport, according to data by Flightradar24. The city, one of the top touristic cities in Italy, had only a handful of domestic services to key cities and a couple of flights to some of the big European hubs, as travel restrictions to Italy remained tight. This example illustrates the current state of the aviation sector in Europe. The borders were not closed, but restrictions are such that tra
Winter arrived early: the hard reality of the aviation industry in Europe
European Airlines hopes for a quick recovery have been shattered again. Bailouts continue to disincentivize restructurings.
Learning from the past: Lessons for big airlines
Having crossed paths in an airport lounge with a senior manager from one of Europe's largest airlines, it was strikingly clear that in this industry we have short memories or we need to be better at learning from the experiences of others. And perhaps, that my generation of executives who are now in leadership roles haven't learned enough from our predecessors. In this lengthy conversation it seemed clear that this manager credits the success of airlines in the United States
The sun is shining, but the dominos are falling as airlines begin to collapse
As we hit mid-November, a crisp wintery air is sweeping across Europe, bringing with it a feeling of freshness and clearing the hustle and bustle of summer. But as the fresh, clean and crisp air of winter rolls into Europe, another reality also sets in - not every airline will make it through a cold winter. We say farewell to Estonian Air and Intersky this month and we expect another handful wont make it to next summer. Airlines finally begin to enjoy the benefits of lower fu
Cloudy skies over Europe
Airlines are enjoying unprecedented profits Airlines around the world are enjoying a profitable summer and the prospects for 2015 and 2016 look highly positive. This is due to airlines in North America having restructured costs multiple times over the past decade, while European airlines have only recently been improving costs (though some remain far behind). European and Asian airlines benefit from the rational nehaviour of their American and Canadian counterparts being rati
