Airlines
Europe's Regional Airlines Brace for Big Changes in 2017
The European Regions Airline Association predicted that its 53 member carriers are set to report "better than expected" results for 2016.
Channel Islands-based regional airline Aurigny took delivery of a new Embraer 195 in 2014 and a new program from the European Investment Bank could soon free up just over $1 billion worth of credit guarantees to support other carriers in modernizing their fleets. [Photo: Ian Sheppard]
Channel Islands-based regional airline Aurigny took delivery of a new Embraer 195 in 2014 and a new program from the European Investment Bank could soon free up just over $1 billion worth of credit guarantees to support other carriers in modernizing their fleets. [Photo: Ian Sheppard]

The European Regions Airline Association (ERA) predicted that 2016 results for its 53 airline members will prove to be “better than expected” when reported at the group’s conference in March. At a press conference in London on Monday, it also forecast “big changes” for the sector in the coming year or so, driven in part by the uncertain Brexit process through which the UK is set to leave the European Union (EU).