Europe’s Uncertain Recovery
More Europeans may be taking their summer holidays, but it still was a historically bad quarter for the continent’s airlines, especially for those that staked their fortunes on long-haul premium traffic.
The once-in-a-lifetime Covid crisis already is reshaping the global airline business in profound ways. In London, the world’s largest air travel market, the upheaval has some major players in retreat, and others (like Wizz Air) sensing a once-in-a-lifetime opportunity. Never...Read More