Loading

Monarch states aviation industry in the midst of a “perfect storm”; fares to increase again

Monarch Airlines’ Managing Director, Tim Jeans recently stated that the aviation industry is currently in the middle of a “perfect storm”, with excess capacity and excessively low fares leading to “ultimately unsustainable” yields, which are threatening the industry. According to Mr Jeans, carriers are caught in a “vicious circle” of lowering fares to fill premium seats at the cost of profits, made even worse by the global financial downturn.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 1,211 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.