A year on from Michael’s O’Leary’s complaints about finding “spanners under floorboards” in Ryanair’s new Max jets, and the airline’s group chief executive is feeling more upbeat about Boeing’s progress.
While trade tensions and their consequences could have a significant impact on passenger and cargo markets, it is the latter that stand most immediately exposed to US President Donald Trump’s ‘Liberation Day’ announcements.
Full-year 2024 data for Airline Business’ benchmark airlines in North America shows the region’s carriers falling short of 2023 and 2019 profitability, albeit the gap was reduced during the second six months of the year.
China’s three largest airlines disclosed a mixed picture in their full-year financial results, but were largely in unison in their warnings about competitive and operating pressures in the near term.
EasyJet chief executive Kenton Jarvis points to positive booking trends supporting its growth this summer, which includes the opening of bases at London Southend, Milan Linate and Rome Fiuminco airports.