Europe’s airlines

Off-Peak Seasonal Disorder: Europe’s airlines did well in general during Q3. But will recent trends foster full-year success?

Europe’s airlines

Off-Peak Seasonal Disorder: Europe’s airlines did well in general during Q3. But will recent trends foster full-year success?

November 2016
1 min read
Seth Kaplan

Issue Overview

At first glance, Europe’s airline industry might look every bit as healthy as its U.S. counterpart. After all, the collective operating margin of its 11 largest publicly-traded carriers was 17% last quarter, almost equal to the 18% earned by America’s 10 largest airlines. But first glances can be deceiving.