Shale alarm: Thomas Cook crashes, Fraport and Vienna in the upswing!

Shale alarm: Thomas Cook crashes, Fraport and Vienna in the upswing!

The current situation in the aviation industry shows an exciting development. According to the latest information, Fraport's share price has increased by 4.58%, while Vienna Airport has an increase of 3.31%. Ryanair, one of the major airlines in Europe, also benefited from this positive development and has grown by 2.21%. So reports Boerse-social .

Compared to the other actors on the market, Vienna Airport cuts quite well. This is also reflected in the monthly overview, where Vienna Airport ranks 6th with a performance of +2.93%. This is particularly noteworthy if you look at the overall development of the industry that has achieved average growth of +7.63%.

Current market developments

The aviation market has changed drastically in recent years, especially since Covid 19 pandemic. The demand for passenger flights had declined sharply in 2020 and 2021, which caused many airlines to get into trouble. Such a dramatic situation can be observed using the example of the Thomas Cook Group, whose share price has fallen by an impressive 99.89%. According to fraport.com such developments impressively show the uncertainties in the aviation industry.

But there is also light at the end of the tunnel. International flight passenger traffic had already experienced a strong upswing in 2022 and increased by 229.5% in June 2022 compared to the previous year. The forecasts show that the aviation market should reach a volume of $ 386.21 billion by 2029, with an annual growth rate of 2.95% on average, such as Mordorintelligence reported.

growth perspectives in air traffic

Especially the Asia-Pacific room remains a center of growth, with countries such as China and India experience an enormous upswing in civil aviation. This could also have positive repercussions on the European aviation industry. After all, there is potential for international collaborations and expansion opportunities. The market for commercial aircraft shows the highest growth rate in the forecast period, which clearly underlines the need for new, more efficient machines.

In summary, it can be said that the aviation industry is still facing challenges, but also offers pleasant growth opportunities. With the increasing number of passengers and the positive price developments at companies such as Fraport and Vienna Airport, the sector is on a promising course. Let's be curious how this dynamic situation will develop in the coming months.