Market's view on International Airlines
Published on April 2024
- Heathrow has achieved record high numbers in passenger traffic during the traditionally quieter first quarter, transitioning from a £60 million loss last year to a £189 million profit this year, with expectations raised for the upcoming busy summer season.
- Despite the successful recovery post-pandemic, Heathrow is facing potential disruptions due to upcoming strikes from ground staff.
- Stock watchers discuss the performance of various airlines and the impact on associated stocks, noting positive movements in US airlines and a potential positive impact on UK-based airlines.
- Concerns are raised about pilot shortages and the financial and operational challenges they may pose for airlines, with specific references to pay disputes and recruitment struggles at Jet2 and EasyJet.
- There are discussions about the need for competitive pay to retain and attract pilots, especially for expanding fleets, with comparisons made between different airlines’ salary offers.
- The turbulent situation in the airline industry is highlighted by some watchers, mentioning that apart from Ryanair, investing in European airlines has been risky.
- Global geopolitical events, such as tensions in Israel, are noted for their potential impact on market reactions.