Summer travel demand increases – but European airlines are short of planes

Airlines face a difficult battle during the season of advanced travel while the delivery of delays to Boeing And Airbus feed a commercial jet shortage.

The question of continuous capacity remains a cause of concern for the industry, even if many seem optimistic about demand prospects.

“The demand seems good for the summer,” Easyjet The CEO, Kenton Jarvis, said on Thursday “Squawk Box Europe” of CNBC.

“As you said, our book post for our third quarter, which ends in June, and our fourth quarter, which ends in September, are ahead of where they were this time. We also see very positive reservations in our vacation position.”

His comments occur shortly after the British carrier at low prices declared a loss before tax of 394 million pounds Sterling ($ 529 million) for the six months until the end of March, against 350 million pounds sterling for the same period in 2024.

Easyjet said that current reservations indicate that it would meet expectations for the benefit of the full year, although investors seem to be disappointed by the results. The company’s shares were traded by 4% around 1 p.m. on London time.

For the future, Jarvis d’Iasyjet distinguished deliveries from the airline as one of the main challenges of the company.

“The main capacity constraints are around deliveries of airlines, Airbus and Boeing not responding to their original delivery schedules and therefore all airlines receiving their plane later. And that is why we only see the kind of kind [a] 1%, 2%, 3%capacity increase this summer, “said Jarvis.

“We can see that there is more demand on the market and yet the supply of airlines will be more modest this year,” he added.

The data published last month by the European Travel Commission (etc.) revealed that despite a modest drop in the overall travel intention this summer, European travelers provide longer stays and higher budget holidays.

Poland (80%), Great Britain (79%), the Netherlands (75%) and Spain (75%) were among the countries where travel intention has proven to be the strongest, said the etc.

ATD president Miguel Sanz said at the time that ETD’s conclusions reaffirmed the resilience of the travel demand in Europe.

“Despite the continuous global uncertainties, Europeans continue to prioritize significant travel experiences. Their solid confidence – was reflected in longer stays, increased expenses and the desire to explore more – design of a strong desire to reconnect with destinations and cultures through the continent,” said Sanz.

Aviation experts said at the start of the CNBC year that delivery delays in Boeing and supply chain problems had to resolve years.

Boeing, who has been assailed by a series of crises and production problems in recent years, said last week that she had delivered 45 commercial jets in April, almost twice as much as he had delivered in the same month a year ago. The resumption of deliveries takes place while the plan of the plan of the plan of the plan of the plan of the US rushes to stabilize the production.

The European Rival Airbus, on the other hand, said that it had delivered 56 jets last month, down 8% compared to the same period a year earlier.

The Cirium aviation analysis company said last month that the first quarter delivery total for Boeing and Airbus suggested that the two companies were likely to deal with “important challenges” if they had to achieve their respective objectives of 2025.

Ryanair CEO Michael O’Leary said there had been some signs of early improvement concerning aircraft deliveries.

“Boeing, to be fair, improved considerably. We had the last five of the deliveries of this summer in April. Each of these planes came a few days earlier, which is a good sign,” O’Leary told “Europe Early Edition” of CNBC on Friday.

It was also optimistic about the prospects of the wider aeronautical industry.

“I think that the airline sector in general, this summer, is examining high demand, the prices reasonable but with a real rear wind of oil prices,” said O’Leary.