Airline Insight

Ep 3: European network airlines deliver a strong Q1

Airline Insight

Show Notes

Q1 saw almost across-the-board margin improvement among Europe's network airlines but higher fuel prices have put a damper on expectations for the rest of 2026. In this episode, John Strickland and Garth Lund look at how the three network airlines groups in Europe performed in Q1 and the lessons for the year ahead. What we dive into: Improved performance at Air France partially closing the gap to IAGHow Lufthansa Group is taking more aggressive action to address its challengesIAG ...

More from Airline Insight

Oct 23, 2026

In this episode, John Strickland and Garth Lund discuss Lufthansa Group’s winning bid for a stake in TAP, the Azores Airlines sale, and the latest news on Norse Atlantic. What we cover: Lufthansa Group’s winning bid for 44.9% of TAPAzores Airlines: five bidders to submit offers for a majority stake Norse Atlantic’s winter schedule, the end of the IndiGo lease, and its strategic optionsDisclosure: At the time of recording, one of the presenters, Garth Lund holds a personal sha...

Oct 14, 2026

In this episode, John Strickland and Garth Lund take a deep dive into Volotea’s restructuring as high fuel prices put pressure on European airlines. What we cover: • Volotea’s restructuring and proposed fleet reduction to 30-35 aircraft • Norse Atlantic’s winter schedule: US down to a single destination, expanded winter leisure capacity • Final bids from Air France-KLM and Lufthansa for TAP Disclosure: At the time of recording, one of the presenters, Garth Lund holds a perso...

Sep 15, 2026

In this episode, John Strickland and Garth Lund look at some of the actions taken by European airlines in light of a persistently challenging operating environment. What we cover: Ryanair's winter capacity reductionStrategic reset for Air BalticHow Norse Atlantic is adapting to challenging conditionsDisclosure: At the time of recording, one of the presenters, Garth Lund holds a personal shareholding in Wizz Air, mentioned in this episode. This episode does not address the company's shar...

Aug 20, 2026

In this episode, John Strickland and Garth Lund look at June quarter results for the European network airlines where strong premium and long-haul revenue helped to offset the impact of higher fuel prices. What we cover: Air France-KLM, IAG and Lufthansa Group June quarter results Wizz Air June quarter resultsApollo acquisition of easyJet Leadership changes in IndiaDisclosure: At the time of recording, one of the presenters, Garth Lund holds a personal shareholding in Wizz Air,...

Jul 30, 2026

Both easyJet and Ryanair reported similar trends for the June quarter with softer yields and higher fuel expenses hitting profitability. In this episode, John Strickland and Garth Lund discuss industry highlights from the first set of June quarter results and what renewed conflict in the Gulf means for airlines. What we cover: Ryanair and easyJet June quarter resultsProgress of easyJet takeover bids John's update from the Farnborough AirshowImpact of renewed hostilities in th...

See all episodes →