Airlines under pressure -
The market for airlines is under extreme competitive pressure. We have seen some recent examples of European airlines that have gone into insolvency proceedings (Air Berlin, Condor, Germania, Monarch, Small Planet, Flybe). Airlines are struggling with volatile commodity markets and political instabilities (trade wars, protectionism). In addition, the Covid-19-Crisis (‘Coronavirus’) is leading to further distress.
Please see full publication below for more information.