PURSUING AIRLINE INVESTMENTS
This op-ed piece for the Financial Times warns that the recent spate of airline bankruptcies in Europe is a bad sign for travellers and governments. Fewer and ever-bigger airlines are dominating – or even monopolising – more and more routes.
Financial Times, October 2017
This article is published in Financial Times, October 5th 2017
The airline industry is regulated by thousands of bilateral agreements between states, requirements for national ownership, and widespread state aid. This article analyses the consequences of such protectionism on the competitiveness of the industry and outlines rules for reform.
Flight Airline Business, June 2017
What do you think of investing in airlines? The usual answer goes like this: Not much, because when it comes to airlines I want to buy cheap tickets, not shares. This standard joke in the industry captures investors’ mistrust in a nutshell. The Frankfurt-based consulting firm Avinomics wants to end this preconception.
Neue Zürcher Zeitung, 06.28.2016
AIRLINE WITH CLEAR STRATEGIES FARE BEST
Many investors are critical about airlines. They think aviation is too cyclical and dependent on external factors like oil price and geopolitics. The Frankfurt-based consultancy Avinomics has analyzed airline stocks and their development closely. It thinks investors’ mistrust is misplaced.