CAPA · 07:00
At the CAPA Airline Leader Summit - Airlines in Transition in Berlin on 23-Apr-2026, Rich Maslen, Head of Analysis at CAPA - Centre for Aviation, delivered a compelling State of the Industry address that challenged conventional thinking about aviation's trajectory. His central thesis was clear: the industry has not returned to stability - it has transitioned into a fundamentally different operating model defined by persistent volatility, fragmentation, and structural change. Mr Maslen argued that uncertainty is no longer cyclical or episodic; it is systemic. From geopolitical disruptions and airspace closures to fuel price volatility and diverging regional growth patterns, aviation is now operating within a permanently unstable global framework. This shift is forcing airlines, airports, and stakeholders to rethink long-standing assumptions around network planning, cost management, and competitive strategy. At the same time, the industry is navigating intensifying economic pressures. Ri