European airline optimism about returning to profitability in 2004 is fading as quickly as the year. Two-digit traffic growth, strong load factors and decent yields are not enough to offset the punishing blows dealt by soaring fuel prices. The inability to achieve a sustainable return on investment is paving the way for an in-depth debate centered on reconsidering the airline industry's business model. "Market recovery has materialized, this is undisputable, traffic is improving but ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Losses Loom for European Airlines Despite Upswing In Traffic".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.