Articles tagged “air berlin”

How Wizz Air Plans to Take Advantage of Brexit

How Wizz Air Plans to Take Advantage of Brexit

Patrick Whyte, Skift

Brexit might end up being pretty painful for the European aviation industry, especially those airlines with big operations into and out of the UK. Will Wizz Air be able to take advantage of this turbulence? We'll have to wait and see.

2 months ago

TUI Boosts Aircraft Order to Capitalize on Rivals’ Struggles

TUI Boosts Aircraft Order to Capitalize on Rivals’ Struggles

Benjamin Katz and Richard Weiss, Bloomberg

With airlines failing all across Europe, it makes sense for TUI Group to add to its order book.

3 months ago

Investors Claim They Were Misled About Air Berlin and Alitalia

Investors Claim They Were Misled About Air Berlin and Alitalia

Luca Casiraghi, Bloomberg

Etihad's investment strategy, which many saw as bold and innovative at the time, didn't turn out that way. And now the airline will have to answer to creditors.

3 months ago

Lufthansa Will Cut Berlin-New York Route Only Months After Its Launch

Lufthansa Will Cut Berlin-New York Route Only Months After Its Launch

Richard Weiss , Bloomberg

This is more notable than it looks. Legacy airlines in the past were known for keeping high-profile unprofitable routes for years, if only to save face. But here, Lufthansa cut the route remarkably quickly — the definition of "fail fast."

10 months ago

EasyJet Is Making Less Money From Bag Fees Than Its Competitors

EasyJet Is Making Less Money From Bag Fees Than Its Competitors

Patrick Whyte, Skift

It's difficult to tell much from the first quarter results, but EasyJet seems on track to have a decent year. Acquiring some of Air Berlin’s operations will also enable it to grow in the lucrative German market.

12 months ago

EasyJet Is Transforming the German Market With Launch of Domestic Routes

EasyJet Is Transforming the German Market With Launch of Domestic Routes

Brian Sumers, Skift

Yes, Air Berlin was ostensibly competition for Lufthansa. But for a long time, Air Berlin was a weakened competitor. Now that Easyjet has taken over some of Air Berlin's assets, the German market could be transformed.

1 year ago

IAG to Buy Austria’s Niki Air for $24 Million

IAG to Buy Austria’s Niki Air for $24 Million

Associated Press

All the pieces of bankrupt Air Berlin are now falling into place. The result may be diminished competition as the big airlines gather up the Air Berlin remnants.

1 year ago

EasyJet’s New CEO Hopes to Build on McCall’s Momentum

EasyJet’s New CEO Hopes to Build on McCall’s Momentum

Benjamin Katz, Bloomberg

The pressure will be on EasyJet's Lundgren after his predecessor put the airline in expansion mode. After purchasing some of Air Berlin's operations, growth is on the agenda.

1 year ago

Lufthansa Ends Pursuit of Air Berlin’s Niki After European Union Pressure

Lufthansa Ends Pursuit of Air Berlin’s Niki After European Union Pressure

Richard Weiss, Bloomberg

While the European Union's rigorous competition laws are well-meaning, in this case they likely mean the closure of an airline, job losses and travel chaos. Let's hope another buyer emerges.

1 year ago

Pilot Shortage Issue Splits European Airline Execs

Pilot Shortage Issue Splits European Airline Execs

Patrick Whyte, Skift

Are there enough airline pilots to go around? There's no agreement on whether there's a crisis, but some airlines are at a greater disadvantage than others.

1 year ago

Lufthansa’s Planned Air Berlin Takeover Is Questioned by Regulators

Lufthansa’s Planned Air Berlin Takeover Is Questioned by Regulators

Aoife White and Richard Weiss, Bloomberg

It's no surprise regulators understand Lufthansa acquiring assets from what was once its biggest domestic rival could hurt competition. But we're betting Lufthansa will find a way to close this deal.

1 year ago

European Growth Helps Boost Global Airline Profits

European Growth Helps Boost Global Airline Profits

Christopher Jasper and Benjamin Katz, Bloomberg

Despite the multiple bankruptcies, European aviation has actually had a pretty good year. And with some of the weaker carriers exiting the market, there are more opportunities for the likes of Lufthansa and IAG to exploit their dominance.

1 year ago