Air France

The Emergence of Convergence: Europe’s airline sector approaching U.S.-like levels of profitability

Air France

The Emergence of Convergence: Europe’s airline sector approaching U.S.-like levels of profitability

August 2018
1 min read
Seth Kaplan

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Issue Overview

Most of Europe’s publicly traded airlines have now reported their second-quarter results. A few like Aegean and SAS will report later this month. Others like Virgin Atlantic, Alitalia, TAP Air Portugal and LOT Polish—as non-public companies—generally keep their financial reports to themselves. Even without total transparency, however, there’s enough new information to delineate the key trends and forces shaping Europe’s airline sector mid-way through 2018. Here, in no particular order, are the most important: