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Articles tagged “low-cost carriers”

Airline Weekly

Wizz Air Stumbles

After a bloody first half of 2022, followed by an underwhelming summer, Europe’s Ryanair-wannabe, Wizz Air, reported heavy underlying losses for calendar fourth quarter. Its operating margin? Negative 17 percent. The label “Ryanair wannabe” is not an insult.

1 year ago
Wizz Air Stumbles

Airline Weekly

United Confronts New Realities

Polite. Complimentary. Respectful. Nobody would use these adjectives to describe Scott Kirby’s attitude toward low-cost airlines.

1 year ago
United Confronts New Realities

Airline Weekly

EasyJet’s Unique Comeback

EasyJet is making good on its recovery plan. From expanding at slot-constrained airports like Lisbon and opening new seasonal bases in Greece, the airline is on its way back to the black.

1 year ago
EasyJet’s Unique Comeback

News Blog

Cathay Pacific Appoints Customer Chief Ronald Lam as New CEO

Cathay Pacific announced on Wednesday that CEO Augustus Tan would be stepping down on December 31 and chief customer and commercial officer, Ronald Lam would succeed him. Even after appointed the CEO of Catahay Pacific, the airline has said Lam would continue to serve as chair of HK Express, Cathay’s low-cost subsidiary. Lam was appointed…

Peden Doma Bhutia | 1 year ago

Airlines

Ryanair Posts Record Profit Thanks to Pent-up Demand

Even as costs have been soaring, Ryanair has managed to swing back to profit. Clearly, CEO Michael O’Leary was right when he said he has this pandemic mess all worked out.

Conor Humphries, Reuters | 1 year ago

Ryanair Posts Record Profit Thanks to Pent-up Demand

News Blog

Edreams Odigeo Gets Fined in Spain for Allegedly Misleading Consumers on Subscriptions

A regional consumer affairs agency in Spain fined eDreams Odigeo $23,300 (24,000 euros) for allegedly duping some consumers into buying the company's much-publicized Prime subscription service. In 2017, eDreams Odiego moved into new offices in Barcelona designed by Vimworks. Source: Vimworks. The General Directorate of Consumer Affairs of the Balearic Islands, which include Mallorca and…

Dennis Schaal | 2 years ago

Airlines

Ryanair CEO Predicts Airline Fares Will Go Even Higher

Seems like Ryanair won't be bringing back its $10 flights in a hurry.

Klaus Lauer, Reuters | 2 years ago

Ryanair CEO Predicts Airline Fares Will Go Even Higher

Airlines

Frontier Shakes Off Spirit Merger Disappointment With New Vow for Low-Cost Flying

Frontier is confident in its aggressive strategy to increase flights while keeping prices low will pay off. But pulling it off is a tall order amidst rising fuel and labor costs.

Rajesh Kumar Singh, Reuters | 2 years ago

Frontier Shakes Off Spirit Merger Disappointment With New Vow for Low-Cost Flying

Airlines

Wizz Air Aiming for Profitable Summer as Demand Lifts Airfares

The airline's fares are already 10 percent higher than in 2019, and long may it continue, hopes CEO Jozsef Varadi, because airport disruption and rising fuel costs aren't going anywhere.

Paul Sandle, Reuters | 2 years ago

News Blog

EasyJet Working Towards Getting Enough Staff This Summer

Low-cost carrier easyJet admitted it missed out on a strong Easter break after failing to have enough operations staff. CEO Johan Lundgren said easyJet was "absolutely focused" on strengthening its operational resilience after it canceled flights due to crew absences, as it posted a first-half loss of $674 million. Demand is set to be strong…

Matthew Parsons | 2 years ago