Singapore Airlines: Further Positive Surprises to Come in 2H24 - Bigger Test in FY25

European Airlines - Bridging Quarterly 2024 Prospects Encourages with Fuel Tailwinds/Tight Supply

Global Airlines: Mexico's Volaris Shows GTF Groundings Can Drive Higher Pricing

Founder & Managing Director, AIR Control Tower, AIR Control Tower

Neil Glynn

Founder & Managing Director, AIR Control Tower

AIR Control Tower

AIR Control Tower is an independent research and analysis platform. Its mission is to provide impactful insight and analysis across the global airline industry at a company and market level via detailed financial models to aid decision making for key stake holders at a time when risks have seldom, if ever, been higher and the global sector grapples with the imperative of funding de-carbonisation. Unique analysis forecasting global carrier-level earnings/cash flows, and restructuring/de-leveraging prospects, is designed to dynamically assess the health of the industry, predict surprises and identify potential requirements for third party support.

Insights on the global airline industry

Equity Bottom-Up

Virgin Australia Holdings / Equity Bottom-Up

<ul>
<li>FY23 performance positions VA at the top table relative to global LCC financial performance</li>
<li>Global analysis of #2 positions behind a strong market leaders suggests an efficient VA should be well positioned to sustainably outperform the global airline industry's average financial performance</li>
<li>Forecasting mean reversion for operating performance but aircraft financing savings should sustain superior profitability and cash flow generation than pre-COVID.</li>
</ul>


FY23 performance positions VA at the top table relative to global LCC financial performance
Global analysis of #2 positions behind a strong market leaders suggests an efficient VA should be well positioned to sustainably outperform the global airline industry's average financial performance
Forecasting mean reversion for operating performance but aircraft financing savings should sustain superior profitability and cash flow generation than pre-COVID.


Virgin Australia - Outperforming Most LCCs Globally; Positioned for New Era of Cash Flow Generation