Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Europe's Airlines To Make A Loss Of Over $1.1bn  
User currently offlinereadytotaxi From United Kingdom, joined Dec 2006, 3281 posts, RR: 2
Posted (2 years 3 months 2 weeks 6 days 11 hours ago) and read 2316 times:

Some unwelcome news from this part of the world, but not expected.

http://www.bbc.co.uk/news/business-18391865

"That is double the scale of losses it forecast back in March."(IATA)

Do not see an up turn in the Euro zone traffic for the next six months.
 


you don't get a second chance to make a first impression!
3 replies: All unread, jump to last
 
User currently offlinesweair From Sweden, joined Nov 2011, 1824 posts, RR: 0
Reply 1, posted (2 years 3 months 2 weeks 6 days 10 hours ago) and read 2262 times:

Well looking at some of the national budgets missing the budget by 7-10% this is nothing  

User currently offlineUALWN From Andorra, joined Jun 2009, 2816 posts, RR: 2
Reply 2, posted (2 years 3 months 2 weeks 6 days 10 hours ago) and read 2186 times:

Quoting sweair (Reply 1):
Well looking at some of the national budgets missing the budget by 7-10% this is nothing  

$1.1bn for all European airlines wouldn't actually be too bad. Just for comparison, I randomly found that in Q4 2008 (in the onset of the global financial crisis), the combined US airlines lost about $1.5bn (in one quarter). And here they are, basically all of them, although merged...



AT7/111/146/Avro/CRJ/CR9/EMB/ERJ/E75/F50/100/L15/DC9/D10/M8X/717/727/737/747/757/767/777/AB6/310/319/320/321/330/340/380
User currently offlineJana From Antigua and Barbuda, joined Sep 2009, 110 posts, RR: 0
Reply 3, posted (2 years 3 months 2 weeks 5 days 20 hours ago) and read 1805 times:

Quoting readytotaxi (Thread starter):
but not expected

You mean 'not unexpected'...

Rising fuel costs, rising food prices, no salary increasements, totally failing banks and governments, tax increasements, bad market. Only a few will travel by air at a high fares and to be served with lobster, pampered in velvet long chairs, nipping champaign from crystal vases. Legacy carriers are out, LCCs will have the future. Why should we fly that much since we have internet, skype etc. instead?

[Edited 2012-06-13 00:47:43]

Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
Velvet Sky Still Trying To Make A Go Of It posted Mon Mar 19 2012 02:00:53 by cygnuschicago
Russia's S7 Airlines To Be Part Of Oneworld From 1 posted Fri Sep 24 2010 11:46:33 by AA767400
Ryanair Profits Down 85% & To Make Loss posted Mon Jul 28 2008 05:54:28 by BAStew
New Idea For Startup Airlines To Make Money posted Thu Apr 10 2008 16:57:13 by Qantas787
Airbus Likely To Make A Loss In 2006? posted Wed Jan 17 2007 15:43:58 by NAV20
Delta Report Loss Of Over $1 Billion posted Fri Nov 11 2005 01:00:17 by Dogfighter2111
Midwest Airlines To Make Its Low-cost Debut posted Wed May 28 2003 05:34:00 by Tekelberry
Northwest Airlines Posts Q1 Loss Of US$396 Million posted Wed Apr 16 2003 16:47:56 by Singapore_Air
Continental Airlines Posts Q1 Loss Of US$221 Mil. posted Tue Apr 15 2003 14:10:07 by Singapore_Air
Airlines To Check Weights Of Pax Before Boarding posted Tue Jan 28 2003 06:51:39 by JCS17