Airlines can expect summer profits uplift but threat of 'notable disruptions' remains

A report warned there was no guarantee that airports had sorted out the staffing crisis that forced some European operators to introduce ceilings on the number of flights they would handle as services on the ground fell into chaos. 

European airlines and airports can expect to boost profits this summer, but the threat of more turbulence involving flight cancellations and chaos at airports still looms large, a ratings firm has warned. 

DBRS Morningstar, which assesses the corporate performance of airlines and airport operators, said aviation is facing tailwinds for their peak and profitable months, "with financial performance so far in 2023 beating expectations and a strong summer season of earnings coming".