Lower Profit Airlines Means Bigger Profit RR28 Jul 2024 11:40
If an Airline issues profits warnings etc. I see why it affects the rest of the airline industry in a negative way but it should not affect RR in anyway but positive. Airlines have to reduce their fairs and put up more planes to make profits, if they donβt do this then they will not be competitive. Of course the lower the fairs, the more people fly, the more people that fly the more airplanes are needed. Itβs just good news for RR :)