Uncertainty hangs over Europe as the headwinds of Brexit, terrorist attacks and scares, declining yields and ongoing labor battles continue to pummel the industry. “Supply-side growth is driving yields further down,” CTAIRA principal Chris Tarry said. “The fundamental challenge of the airline industry, bar none, is the amount of capacity that continues to come in. Over the medium term, it’s going to get tougher. In the longer term, it depends.” European ...

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