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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 shareholding in Wizz Air, mentioned in this episode. This episode does not address the company’s share price or investment case.

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 personal shareholding in Wizz Air, mentioned in this episode. This episode does not address the company’s share price or investment case.

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 share price or investment case.

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, mentioned in this episode. This episode does not address the company's share price or investment case.

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 the GulfDisclosure: 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 share price or investment case.

easyJet has recently been the subject of several bids by Castlelake to acquire the airline. The move comes amid a broader trend of M&A activity in the sector.  In this episode, John Strickland and Garth Lund look at ongoing consolidation among key European airlines.  What we dive into: Castelake's bid for easyJetProgress of SAS's integration into Air France-KLMTAP bids: Lufthansa Group vs Air France-KLMTurkish Airlines' investment in Air EuropaPegasus acquisition of SmartwingsDisclosure: 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 share price or investment case.

Ryanair recently published an impressive set of results for the past financial year and announced that it is nearly debt-free. Meanwhile, easyJet saw non-fuel cost inflation increase over the past six months.  In this episode, John Strickland and Garth Lund review recent performance and outlook for Europe's three independent low-cost carriers.  What we dive into: Ryanair's robust FY26 performance Comparative fleet strategy: Ryanair waiting for Max-10 certification; easyJet phasing out the A319; Wizz Air continuing to upgrade to the A321neoRevenue outlook: shorter booking curves on the back of consumer uncertaintyImportance of liquidity: all three airlines are in a good position to weather higher fuel pricesDisclosure: 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 share price or investment case.

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 continues to lead in margin performanceWhy the LCC model remains robust despite Spirit Airlines' demise

Between higher fuel prices, shifting demand, and airspace closures, the Iran conflict has impacted both the demand and supply side of the air travel market.  In this episode, John Strickland and Garth Lund look at how airlines are managing the effects of the crisis.  What we dive into: Fuel price impact: How fuel hedging policies have influenced airlines' responses Revenue opportunities: Can airlines drive higher revenue to offset higher costs?Gulf mega-hubs: Medium and long-term impact on the Gulf carriersNetwork opportunities: Route adjustments by European airlinesTaking tough decisions: Airlines coming out of the crisis as stronger businessesDisclosure: 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 share price or investment case.

While Lufthansa and Air France-KLM navigate complex turnarounds, IAG is delivering a 15% operating margin. In our debut episode of Airline Insight, John Strickland and Garth Lund break down the strategic divide between Europe’s "Big Three" and what 2026 holds for the sector. What we dive into: The IAG edge: How IAG has consistently outperformed the competition.The LCC struggle: Why Vueling, Eurowings, and Transavia are seeing such mixed results.2026 outlook: A look at the next 12 months for European aviation.