At the present time the underlying trend in the airline market continues to be favourable to airline buyers. There is considerable resistance from renewal markets when assessing premium income, most notably in instances where increased exposures are being forecast. However, with available insurer capacity remaining high competition for “desirable” risks is likely to intensify as the year develops, particularly if there continues to be an absence of losses. Renewals that took place during April indicated an increased insurer resolve to resist reductions and with a number of major airline renewals taking place during May, the overall market picture will become more apparent.