Τελευταία νέα
HomeAviationEurope`s airlines all struggling as a result of the current market uncertainties

Europe`s airlines all struggling as a result of the current market uncertainties

Europe`s largest airlines are all reporting weaker results for the month of February, taking a hit from the…

Europe`s largest airlines are all reporting weaker results for the month of February, taking a hit from the prospect of war in Iraq before the war actually starts. Airlines across Europe have already stored aircraft, cut staff and flights during the course of a long industry slowdown, but if February volumes are worse than expected, carriers could be forced to make still deeper cuts to safeguard earnings, analysts said.



Full-service carriers have already lost market share to low-cost carriers easyJet and Ryanair on shorter routes, so they can ill afford further falls in the numbers of long-haul and business passengers. February 2002 data was already weak as volumes had fallen for months after the hijacked airline attacks in the USA on 11 September 2001.

Co-Founder & Managing Director - Travel Media Applications | Website | + Posts

Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.

27/01/2023
26/01/2023
25/01/2023
24/01/2023
23/01/2023