State of the Industry Webinar

Getting Back in the Air: When will airlines take off again?

October 27, 2020 |  11am EDT | 3pm GMT

Covid-19 has had a dramatic impact on the airlines industry, with the road to recovery expected to be long and rocky. The airlines industry is historically riddled with volatility and often quite reactive to the news. In fact, HSBC has seen a recent uptick in readership of research they published on airlines post-9/11.

HSBC’s European Equity Research Sector Head of Transport, Andrew Lobbenberg, will join Visible Alpha to discuss his views on the long-term, thematic issues airlines face and the impact of the pandemic on the industry regionally and globally. Visible Alpha will present the market view of the industry to further illustrate Andrew’s insights and perspectives. 

Join us for a 45 minute discussion on:

  • What are we seeing in terms of expectations of leisure vs. business travel and network carriers vs. low-cost carriers? 
  • What are the financial challenges airlines are facing?
  • What are expectations by region and carrier type for key performance indicators such as available seat miles, passenger load factor, revenue passenger miles and passenger yields? 

Following the discussion will be an open Q&A.

Andrew Lobbenberg


Andrew Lobbenberg, European Equity Research Sector Head Transport, HSBC

Andrew Lobbenberg joined HSBC in 2012 as Head of the European Transport team, focusing on airlines. He has worked as an equities analyst since 2000, before which he worked for 10 years in and around the airline industry as an economic regulator at the U.K. CAA, an aviation paralegal at Wilmer Cutler and Pickering, a lecturer in the MSc in Airline Management program at Cranfield University and in corporate planning for Delta Air Lines. He has an MSc in Economics from the LSE and a BA Hons in PPE from Balliol College, Oxford.

Scott Rosen - Visible Alpha (1)

Scott Rosen, Founder and Chief Research & Innovation Officer, Visible Alpha

Scott Rosen is Visible Alpha’s Founder and Chief Research & Innovation officer, responsible for driving the company’s vision and transformational services. Scott has been a leader at the intersection of investment research and technology for more than 30 years. After starting his career as a sell-side analyst and Director of Research, Scott founded Trapeze, one of the first electronic research distribution platforms, in the early 1990’s. Scott went on to be Director of Research for I/B/E/S, a senior executive at Thomson Financial, where he ran the First Call research business among other roles, and entrepreneur-in-residence for He holds a B.A. Honors degree in Economics from Texas A&M University.


Philip Harrison, Director of Research, Visible Alpha

Philip Harrison is Senior Vice President and Director of Research at Visible Alpha, overseeing the firm’s research and data policies, while also helping guide the buy-side and sell-side user experience for the Visible Alpha Insights product. Previously, Philip was co-founder of Lusight Research, an independent research and technology firm focused on emerging markets, overseeing the firm’s technology and research initiatives in accounting, forecasting and valuation methodologies. He was also a senior equity and credit analyst at ING Barings, Duff & Phelps and UBS Warburg. Philip holds a B.S. in Economics from University of California, Riverside.

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