Latest reports from the two leading aircraft producers suggest Airbus is on track to stroll past Boeing this year and become the largest plane maker for the first time in 8 years. The ongoing 737 MAX crisis has lasted four months, already longer than Boeing or any of its stakeholders anticipated. continue…

by Lachlan Mackay Posted in Airlines, Companies, Stocks We Like

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In “Up, Up and Away” last week we were clear that in the world of commercial aviation some players such as the plane manufacturers have much better prospects than others, such as the traditional airlines who are the end customers of Boeing and Airbus. continue…

by Christopher Demasi Posted in Airlines, Insightful Insights

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Last week Boeing provided a positive lift-off to its 20-year demand forecast for commercial planes. The aviation industry seems to be flying high, but not everyone will be a winner. continue…

by Christopher Demasi Posted in Airlines, Insightful Insights

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At Montgomery, we have often discussed market power as a driver of competitive advantage. Last week a major player in the travel industry launched a campaign to assert dominance, which, if successful, could have profound implications for Flight Centre (ASX: FLT) and Webjet (ASX: WEB). continue…

by Ben MacNevin Posted in Airlines, Companies, Insightful Insights

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Despite our best efforts to alert investors and advisers to the traps, many remain unwitting speculators.

Take the recent collapse in the price of oil. An army of analysts has already produced a mountain of research and thought-pieces under titles like “Winners & Losers from the Oil Price Crash”. continue…

by Roger Montgomery Posted in Airlines, Energy / Resources

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Having studied past corporate responses to airline disasters – including those of Japan Airlines, Korean Air and ValuJet – the last of which suffered a major crisis in 1996 after one of its planes crashed in the Florida Everglades – I’m not surprised to hear that Malaysia Airlines is to be delisted pending a major restructure. continue…

by Roger Montgomery Posted in Airlines, Insightful Insights

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by Roger Montgomery Posted in Airlines, On the Internet

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Qantas’ half-yearly ‘loss’ announcement today revealed a business in crisis. Fuel costs surged to a record level for any half-year period (there goes the hoped-for benefits of new, more efficient aircraft), intense competition, unfavourable currency movements and falling demand, have all been offered as reasons for the poor showing. In reality, however, the real reason for the poor result is that this is an airline. continue…

by Roger Montgomery Posted in Airlines, Companies

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In this interview with Ticky Fullerton on ABC’s The Business on 25 February 2014, I discuss the recent losses reported by Qantas, and what needs to be done to support an industry on its knees. Watch here.

by Roger Montgomery Posted in Airlines

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In this column for the Herald Sun, I warn, as I always have done, against investing in airlines. Read here.

by Roger Montgomery Posted in Airlines

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