With confidence on the rise after a busy 2017 marked by growing passenger numbers, new destinations, digital innovations and even airline launches, European carriers are looking to expand capacity in 2018. But could they be falling into the familiar trap of overconfidence and overcapacity? Airline investors seemed to fear that possibility, with both Air France-KLM and International Airlines Group’s (IAG) shares falling after reporting their respective 2017 results, when they also ...


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