Summary
- Plagued by expansion constraints, airlines may have missed the short window of opportunity to regain financial stability.
- Costs have risen steeply, forcing fares higher. While demand is strong this is tolerable.
- Share prices are near post-pandemic lows for most airlines.
- An uncertain outlook as the northern autumn approaches. Business travel recovery will become important.
Navigating between falling demand and rising costs
As they try to navigate the narrow straits between Scylla,…