Reading Time: < 1 minute Ryanair CEO Ryan O’Leary has made it clear that subject to being provided with more information, and one major condition, Ryanair would be very interested in making a bid for the whole of the insolvent Air Berlin. He has indicated that obtaining additional data on the airline’s finances was critical. According to Mr. O’Leary, Ryanair […]

Reading Time: < 1 minute Initial airline financial results from the second quarter of 2017 have been more robust than earlier in the year, and suggest that the squeeze on profit margins from higher costs and weak yields peaked in the first quarter of the year, according to the International Air Transport Association’s (IATA) July report. “Meanwhile, having trended downwards […]

Reading Time: 2 minutes Airline stocks took a nosedive on Friday morning as the horrific van attack in Barcelona the previous evening was felt likely to hit tourism to the region. British Airways and Iberia owner IAG and EasyJet both shed 3% in early trading, while Ryanair was 5% lower on the open, before all three pared losses as […]

Reading Time: < 1 minute Air Berlin has filed for administration after Etihad Airways said it cannot continue to guarantee future cash infusions into the troubled airline. “This development is extremely disappointing for all parties, especially as Etihad has provided extensive support to Airberlin for its previous liquidity challenges and restructuring efforts over the past six years,” Etihad has said […]

Reading Time: < 1 minute WestJet announced July 2017 traffic results with a load factor of 85.6 per cent, an increase of 0.4 percentage points year over year. Revenue passenger miles (RPMs), or traffic, increased 6.8 per cent year over year, and capacity, measured in available seat miles (ASMs), grew 6.4 per cent over the same period. The airline flew […]

Reading Time: < 1 minute Thousands of flights recently had to be delayed because EU border controls are significantly understaffed to comply with tightened immigration checks — some passengers even missed their flights. During this busy summer travel season, airline travellers have become victims of the disproportionate impact that the implementation of a new EU Regulation is having on the […]

Reading Time: 2 minutes UK-based low-cost carrier (LCC) easyJet reported a strong balance sheet with net cash of £426 million ($553 million) as of June 30. As a result, easyJet raised its profit guidance and expects its pretax headline profit for the full-year to reach £380–£420 million, compared with the £365 million analysts predicted. However, the LCC warned low […]

Reading Time: 2 minutes Emirates and flydubai unveiled an extensive partnership which will see the two Dubai-based airlines join forces to offer customers unmatched travel options. Both airlines will continue to be managed independently, but will leverage each other’s network to scale up their operations and accelerate growth. The innovative partnership goes beyond code-sharing and includes integrated network collaboration […]

Reading Time: < 1 minute Air Canada transported close to 1 million customers throughout the six-day holiday period, during which it achieved a single-day record for passengers carried. On June 29, Air Canada welcomed aboard 166,850 customers, a record for Canada’s flag carrier, and from June 29 to July 4 over 930,000 customers took flight with Air Canada. “As Canadians […]

Reading Time: < 1 minute Israeli flag carrier El Al is to take control of fellow Israeli airline Israir. The acquisition, which is subject to approval by the country’s antitrust authority, will use El Al charter subsidiary Sun d’Or as the vehicle through which Israir will be acquired. Israir is a privately owned package holiday company that sells accommodation as […]