Airlines

European Airlines Had A Tough First Quarter

Eurocontrol have released their latest industry monitor which shows that European airlines have endured a difficult first quarter of 2019. Even though Q1 is traditionally loss making, this year's performance is especially bad. Only two airlines - IAG Group and Wizz Air - recorded operating profits, though the latter's declined significantly. The poor results can be attributed to a number of factors including higher fuel prices, adverse currency effects, the Boeing 737 MAX being grounded and the timing of Easter.

Description

This chart shows the operating profits of selected airlines (million euro)*.

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