European Airlines Fear Another Lost Summer

Photo credit: Directional signs at Madrid Barajas International Airport Unsplash / Rob Wilson

U.S. airline CEOs were encouraged by passenger traffic during the week’s Memorial Day holiday, which marks the unofficial start of summer for the United States. But their European counterparts are less optimistic, and are hoping to avoid a second “lost” summer. Meanwhile, rumblings of mergers and acquisitions has caused no end of drama in Brazil.