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. 

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