Farnborough Airshow preview. Aircraft orders, the morning after. Whose feet are burning now?
This is the Perspective from today's edition of Europe Airline Daily - the comprehensive new pre-digested daily update on strategic news from Europe, saving you time and keeping you right up to date. Complimentary subscriptions to this report are currently available. Register now!
As Farnborough looms again, three major issues confront airlines: rising costs, falling demand and – here it comes: rising capacity. Costs – at least for fuel – are largely uncontrollable. Demand is also outside the reach of airlines, except to the extent that they can discount to stimulate new business, a challenge when costs are rocketing. But new aircraft are self-inflicted. [681 words]