2024-01-27 13:29:10
Published on January 27, 2024 at 2:29 p.m.
It’s a sort of homecoming for Julian Cook, who began his career in the City of London, providing financing to airlines and aircraft manufacturers. The former boss of FlyBaboo, which transported French-speaking people throughout Europe in the early 2000s, is launching a hedge fund specializing in the airline sector.
The field often scares investors, with its high volatility, its cyclical aspect and the major influence that governments can exert there. Air travel faces considerable challenges, particularly environmental ones, but it also presents many opportunities, believes Julian Cook. Conversely, the entrepreneur sees Boeing as one of the biggest fiascos of American stock market capitalism in recent decades.
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