Avolon foresees industry ‘turbulence’ in 2020
Boeing’s 737 Max “will safely return to revenue service” in 2020, Avolon has predicted in a new report, but the lessor expects “turbulence” in the aviation industry amid geopolitical uncertainty and rising environmental concerns. “While in 2019 we buckled up, in 2020 we will navigate through turbulence,” states Avolon in a 2020 outlook report. “The fog of geopolitics will continue, with hot spots abounding, from US trade confrontations, escalating tensions in the Middle East and unrest in Hong Kong.” The “flight shame” movement...“was a meaningful drag on growth for air travel in northern Europe” last year, and the airline industry “must be relentless in its efforts to continuously improve” efficiency and “communicate its progress to the flying public”, argues Avolon. <br/>
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Avolon foresees industry ‘turbulence’ in 2020
Boeing’s 737 Max “will safely return to revenue service” in 2020, Avolon has predicted in a new report, but the lessor expects “turbulence” in the aviation industry amid geopolitical uncertainty and rising environmental concerns. “While in 2019 we buckled up, in 2020 we will navigate through turbulence,” states Avolon in a 2020 outlook report. “The fog of geopolitics will continue, with hot spots abounding, from US trade confrontations, escalating tensions in the Middle East and unrest in Hong Kong.” The “flight shame” movement...“was a meaningful drag on growth for air travel in northern Europe” last year, and the airline industry “must be relentless in its efforts to continuously improve” efficiency and “communicate its progress to the flying public”, argues Avolon. <br/>
