Calm before the storm?

IATA and Fitch Ratings have commented on the strong year for airlines and are predicting another good year for 2017, but are the clouds gathering on the horizon? The mood in the industry today is turning more cautious. Expectations are increasing for a market correction. Tim Clark stated this week that he sees the market flatlining, which will remain for the next few years. As we have mentioned here many times before this year, airlines are subtly reducing capacity, deferring and parking aircraft, rationalising networks – all signs of a slowing market. Although the market expected the Federal Reserve to