Adam Pilarski

Archive for the ‘PILARSKI SAYS’ Category

Adam Pilarski

Is the world moving towards a repeat of the Cultural Revolution?

The times they are a changin’, and they seem to be heading back 50 years, writes Adam Pilarski, Senior Vice-President at AVITAS. How the world is changing. I remember fondly listening to Bob Dylan half a century ago never imagining that he would eventually become a Nobel Prize laureate. This astounding development is nothing compared to what […]

Adam Pilarski

PILARSKI SAYS… Dark clouds of globalisation

Standardisation in airlines is making it boring  to fly in the USA, writes  Adam Pilarski, Senior Vice-President at AVITAS. As featured in Airfinance Journal Column PILARSKI SAYS A well-known industry pundit recently wondered how come the big three US airlines are beginning to resemble each other in service, fees and amenities. He claims that from the flying public point of view, the big three mirror each other and pursue strategies that will ensure […]

Adam Pilarski

PILARSKI SAYS…What evolution can tell us about future of airline profitability

The relationship between oil price and the profitability of carriers is a complex one, writes  Adam Pilarski, Senior Vice-President at AVITAS. As featured in Airfinance Journal Column PILARSKI SAYS Some readers were dismayed by my May column in which I expressed doubts that from now on will be profitable forever, as some highly respected industry leaders claim. My belief is […]

Adam Pilarski

PILARSKI SAYS…Conflict between Airbus and Boeing threatens to burst bubble

The behaviour of the big two manufacturers could prove a problem for the market, writes Adam Pilarski, Senior Vice-President at AVITAS. As featured in Airfinance Journal Column PILARSKI SAYS A number of strange developments are happening relating to a potential bubble in aircraft production, especially in the narrowbody segment. Some data are beyond contestation. The number of aircraft ordered from […]

Adam Pilarski

PILARSKI SAYS… Hard cold reality of Chinese slowdown: predictable and predicted

Hard cold reality of Chinese slowdown: predictable and predicted As featured in Airfinance Journal Column PILARSKI SAYS Investors have only themselves to blame for not seeing the inevitable, writes Adam Pilarski, Senior Vice-President at AVITAS. Uncertainties in the world affect aviation profoundly.  Some factors are obvious, such as signs of recession, terrorism or wars.  Others are less […]

Adam Pilarski

PILARSKI SAYS… Can dismal science lead us to optimism?

Increasing capacity does not have to be bad news, just follow economics As featured in Airfinance Journal Column PILARSKI SAYS   Airlines are finally making real money, just like businesses should. In the US, majors made record profits. Often this is linked in headlines to the price of oil: “Cheap fuel helped Delta set record profits.” […]

PILARSKI SAYS… China – From Saviour to Bogeyman

PILARSKI SAYS… China – From Saviour to Bogeyman The country’s slowdown, like its growth, should not have come as a surprise, writes Adam Pilarski, Senior Vice-President at AVITAS. As featured in Airfinance Journal Column PILARSKI SAYS China’s economic growth over the past almost four decades has been quite exceptional. From a very underdeveloped country, it has evolved into a major producer and consumer […]

PILARSKI SAYS… Cycles in aviation: where are we right now?

PILARSKI SAYS… Cycles in aviation: where are we right now? Although there are differences of opinion about where we are in the cycle, most agree the peak is in sight, writes Adam Pilarski, Senior Vice President at Avitas As featured in Airfinance Journal Column PILARSKI SAYS Everybody in our industry accepts that aviation is highly cyclical. There […]

PILARSKI SAYS… The A380 balance sheet and the future of the programme

PILARSKI SAYS… The A380 balance sheet and the future of the programme A secondary market could finally help the aircraft achieve its potential As featured in Airfinance Journal Column PILARSKI SAYS We have just celebrated the 10th anniversary of the first flight of the A380. This event encouraged a lot of discussions related to the viability […]