Europe's regional airlines brace for big changes in 2017
The European Regions Airline Association predicted that 2016 results for its 53 airline members will prove to be “better than expected”. Monday, it also forecast “big changes” for the sector in the coming year or so, driven in part by the uncertain Brexit process through which the UK is set to leave the EU. The association’s president, Boet Kreiken said, “Europe is in the doldrums; there is lots of complexity and upcoming elections [in various countries]. The effectiveness of the EU institutions is being tested and we are feeling it.” Kreiken explained that day-to-day ERA airlines are facing “airport capacity issues, lack of physical space to manoeuvre, and too many ATC delays.” More broadly they face continued threats from LCCs as well as uncertainty with the general economic environment and currency exchange issues. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-02-21/general/europes-regional-airlines-brace-for-big-changes-in-2017
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Europe's regional airlines brace for big changes in 2017
The European Regions Airline Association predicted that 2016 results for its 53 airline members will prove to be “better than expected”. Monday, it also forecast “big changes” for the sector in the coming year or so, driven in part by the uncertain Brexit process through which the UK is set to leave the EU. The association’s president, Boet Kreiken said, “Europe is in the doldrums; there is lots of complexity and upcoming elections [in various countries]. The effectiveness of the EU institutions is being tested and we are feeling it.” Kreiken explained that day-to-day ERA airlines are facing “airport capacity issues, lack of physical space to manoeuvre, and too many ATC delays.” More broadly they face continued threats from LCCs as well as uncertainty with the general economic environment and currency exchange issues. <br/>
