Uncertainties prevail after bleak Q2 results season

Graham and Lewis discuss a bleak financial results season, as airlines count the costs of a ruinous April-June period while grappling with a bumpier-than-expected comeback in the current quarter. The dynamics playing out in global markets are also examined, including the recovery mismatches in domestic and international sectors, the challenges presented by the ending of government support schemes, and the retrenchment of the traditional network carriers. They also discuss the European Commission’s pending decision on a winter waiver for the 80:20 slot rule at the region’s airports, and the impact that could have on the ambitions of industry disruptors. Airline losses mount for second quarter after revenues collapse https://www.flightglobal.com/strategy/airline-losses-mount-for-second-quarter-after-revenues-collapse/139640.article Asia-Pacific airlines temper optimism with caution - but for how long? https://www.flightglobal.com/strategy/asia-pacific-airlines-temper-optimism-with-caution-but-for-how-long/139706.article Wizz cements Gatwick ambitions by opening new base https://www.flightglobal.com/networks/wizz-cements-gatwick-ambitions-by-opening-new-base/139804.article Airline slot waivers need strict conditions: ACI World chief https://www.flightglobal.com/networks/airline-slot-waivers-need-strict-conditions-aci-world-chief/139480.article Airlines urgently need winter waiver decision: IATA slots chief https://www.flightglobal.com/networks/airlines-urgently-need-winter-waiver-decision-iata-slots-chief/139327.article Air cargo decline narrows in June but market ‘exceptionally challenging’ https://www.flightglobal.com/networks/air-cargo-decline-narrows-in-june-but-market-exceptionally-challenging/139516.article US airlines brace for further volatility in second half of 2020 https://www.flightglobal.com/strategy/us-airlines-brace-for-further-volatility-in-second-half-of-2020/139483.article