Issue Summary

With the global economy perking up and oil prices falling again, airlines in most parts of the world are looking forward to the second half of 2017. In the first half, some new and advancing developments challenged the status quo, including the rise of longhaul LCCs and Chinese carriers on intercontinental routes. Low commodity prices continued to weigh on airlines in commodity-heavy economies like South America, the Middle East and Russia. And while the U.S. dollar slipped in value against most currencies during the half, its relative strength remained a headache for many non-U.S. airlines. Nevertheless, in the first quarter…