The Gathering Storm & The Silver Lining

When Ryanair makes a loss, you know most airlines across Europe are in trouble. Ryanair is no longer the profit machine it once was due to hikes in labour costs, impacts from strikes, pilot shortages and air traffic control problems. Even so, it remains the airline in Europe with some of the best margins. Every airline from Emirates through to American, are reporting slowing traffic and pressure on margins. For many airlines the problems with customer sentiment are compounded by equipment problems across just about every new aircraft type save for the A220/C Series. Indeed, where would Virgin Atlantic be