In a span of three months, the airline sector went from cautiously monitoring potential economic fallout from the USA to dealing with operational uncertainty from simmering tensions in the Middle East.
The ratcheting up of tensions in the Middle East is having an impact on airline operations in the region as airspace closures and safety concerns prompt re-routings and cancellations, and weigh on passenger demand.
The global aerospace industry has gathered in Paris for this year’s international air show with two recent developments weighing heavily on sentiment – and the activity that is likely to take place in Le Bourget.
The biennial Paris air show – with its history of record order announcements – is coming in under a week, but an increasingly uncertain global operating environment might dampen the prospect of mega orders this time.
The global airline industry – including the Airline Business team – is in Delhi this week for the IATA AGM, in a hotbed for passenger demand growth.
Airline leaders will this week be preparing to head to Delhi for the IATA AGM on 1-3 June.
The earnings season for the January-March quarter is drawing to a close, with this week seeing at least two low-cost operators report their financial results.
The coming week might bring some news on the shape of any tie-up between JetBlue Airways and United Airlines, with the latter holding an event in Boston on Tuesday.
There is little let-up this week from what is proving to be a very condensed airline earnings season, with operators including Air Canada, Allegiant Air, Avianca, Copa Airlines and IAG all set to report their first-quarter performances and outlooks.
As North American carriers reel from the economic upheaval of recent months, the attention now moves across the Atlantic, with several major European operators set to disclose their earnings this week.