How Stagflation Is Reshaping the European Airline Industry

Stagflation Conversations with Fexingo: High Inflation, Slow Growth, and 1970s Echoes · Jul 4, 2026 · 7m · transcript

Episode 90 of Stagflation Conversations with Fexingo: Lucas and Luna examine how stagflation is squeezing Europe's budget airlines. With core PCE at 130.1 and real GDP growth barely above 2 percent, the hosts drill into Ryanair's cost structure—fuel hedges, labor shortages, and airport fees. They discuss how inflation erodes disposable income while slow growth caps demand, forcing carriers to cut routes and raise fares. The episode also touches on the ECB's dilemma as Lagarde mulls early exit amid French political uncertainty. A concrete look at how macro forces hit a specific…