Do airline failures belie brighter outlook?

Graham and Lewis discuss the recent collapses of European carriers Flybe and Flyr, asking whether those developments belie a much brighter outlook for the industry in 2023. They also consider recent comments from United Airlines chief executive Scott Kirby about fundamental changes to the industry coming out of the pandemic, which he suggests could make growth plans undeliverable if peers fail to act. Expanding on Kirby’s comments, they further consider whether the industry is better prepared for the strong demand ahead as carriers and the wider sector gear up for the northern hemisphere summer. Music credit: Tea K Pea “highabove”/Creative Commons How significant are exits of Flybe and Flyr from Europe’s airline market? https://www.flightglobal.com/airlines/how-significant-are-exits-of-flybe-and-flyr-from-europes-airline-market/151879.article Investors see value in airlines as 2023 outlook improves https://www.flightglobal.com/airlines/investors-see-value-in-airlines-as-2023-outlook-improves/151997.article Why does United Airlines chief think competitors are ‘in denial’? https://www.flightglobal.com/airlines/why-does-united-airlines-chief-think-competitors-are-in-denial/151803.article European airports hope for ‘boring’ summer after ramp-up disruptions https://www.flightglobal.com/networks/european-airports-hope-for-boring-summer-after-ramp-up-disruptions/151926.article