FOXTROTS

Fox – sly.  Trots – left-leaning (Trotsky) plus its more insalubrious meaning.

Foxtrots – leading the industry in a dance.

 

Double WYSKs – Malaysia Airlines grows; Year-end for Europe’s big-3 airline groups.

WYSK = What You Should Know.

 

Malaysia Airlines grows!

Our indications are that international seat sales at Malaysia Airlines grew in September – the latest month we have. That would be the first monthly growth since December 2014 – the year of its two tragic incidents.

 

Despite the fact that growth in September was a strong 7%, the airline is unlikely to show growth for the whole year. Current YTD is -22%.

 

 

 

Europe’s big-3 airline groups – year-end

We estimate all-2016 growth in seat sales for Europe’s big-3 airline groups:

 

-Air France + KLM + Hop + Transavia = +4%.

-British + Iberia + Vueling + AerLingus = +4%.

-Lufthansa + Swiss + Austrian + Eurowings = +3%.

 

 

The Fox

Remember, I’ll be famous after I’m dead.