With the Northern Hemisphere’s fall season now officially underway, airlines in North America and Europe will begin picking over the summer’s air travel trends and reporting earnings for the third quarter.
As the peak third quarter in the North Hemisphere comes to an end and airlines prepare to report on their earnings for the period, there was a flurry of order and acquisition activity last week.
This week will see the start of the ICAO Assembly in Montreal, where member states will gather to set the agenda for international aviation regulations and standards for the coming three years.
Last week saw several developments and observations from leaders regarding the future of low-cost air travel in the USA.
With the busy second-quarter earnings season over, hints have been emerging regarding airline performances during the critical July-September period.
The April-June earnings period winds down with a slight show of improvement from China’s three largest operators, even as they continued to be loss-making.
While most major global carriers have already reported second-quarter financial results, a trio of major Chinese airlines are poised to break the quiet period with a snapshot of the sector’s health.
Last week saw two Brazilian carriers report their earnings during a challenging period for operators in the country, while Spirit Airlines raised “substantial doubt” over its ability to survive
Following a flurry of financial results in the past week, earnings season takes a brief pause with most European and North American operators having reported their earnings. Focus will soon turn to several key Asia Pacific operators by the end of the month.
With most major carriers having reported second-quarter results at the tail end of earnings season, there is still intrigue in the week ahead – namely, the financial performances of a pair of US discounters and two Latin American flag carriers.