Europe, Mediterranean - storming weather, February March 2022
Updated: Apr 21
The forecast of wind strengthening in the Northern Hemisphere came true. More precisely, in Northern Europe, the wind has increased significantly. This will have a positive effect on wind energy. But this will bring big losses to insurance and aviation companies.
The number of delayed and canceled flights will increase significantly.
Four storms are expected in the North Atlantic through the end of February, starting today.
In the Mediterranean, we expect three storms before the end of the month. That will bring more losses to transport companies. This means that companies will earn significantly less, which means that the payment of dividends is less than expected. This is compensated by raising prices.