Sky News in discussion with
Peter Morris, Chief Economist
Results tagged “airlines”
Despite the recent economic downturn there have still been new airlines starting operations across the world during this time. The number of these carriers may have slowed a bit during the last 18 months, but there are certain signs that things are beginning to pick up. Reviewing the start-up data has shown that there are a number of airlines who are in the process of acquiring their very first aircraft. Of course, just because the first aircraft has left the paint shop does not necessarily mean they are about to start flying passengers around, but these are a few to watch out for.
At a customer meeting a few weeks ago I was asked what airlines were on my watch list this year. Apart from saying “everybody but nobody” I couldn’t think of a single name. As the industry enters another year of losses, how is it that we haven’t had more bankruptcies?
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