Airline Insight: Premium revenue cushions higher fuel costs at Europe's network carriers in Q3
In this episode, John Strickland and Garth Lund discuss Lufthansa Group’s winning bid for a stake in TAP, the Azores Airlines sale, and John’s interview with Norse Atlantic’s CEO at WAF.
In this episode, John Strickland and Garth Lund review the summer quarter results from Ryanair, Air France-KLM, Lufthansa Group and IAG, plus Emirates' half-year result.
What we cover:
- Ryanair sees a lower but still strong margin on higher fuel costs and slightly weaker fares
- Premium revenue helps Air France-KLM, Lufthansa and IAG offset higher fuel costs
- Emirates delivers a first half profit despite Gulf disruption
Podcast also available on Apple Podcasts and Spotify.
Disclosure: At the time of recording, one of the presenters, Garth Lund holds a personal shareholding in Wizz Air, mentioned in this episode. This episode does not address the company's share price or investment case.
About the author
Garth Lund helps airlines, airports and airline tech improve commercial performance through Alpcor Aviation, which publishes The Engine Cowl.
Garth Lund helps airlines, airports and airline tech improve commercial performance through Alpcor Aviation, which publishes The Engine Cowl.