O'Leary and team now have one of the cleanest balance sheets in commercial aviation – the timing, with fuel costs hammering rivals, could hardly be better.
What was sold as a minority investment has become outright control in record time. Expect Lufthansa to bring the same German gusto to the looming battle for TAP Air Portugal.
Major European airline bosses want stronger protection from Gulf rivals. Sir Tim's message? You had decades to compete, and chose North America instead.
As a nightmare week for Gulf airlines drags on, Lufthansa Group CEO Carsten Spohr argues Europe must reduce its reliance on Middle East hubs to connect with the world.
Airline earnings season often reveals more through comparison than individual results. On Friday, IAG will be the second of Europe’s big three to report, offering valuable insight into the health of the industry.
Premium travelers, led by U.S. outbound, are keeping Europe’s network carriers profitable even as demand in the rest of the plane – and other parts of the world – softens.
IAG’s steady-but-unspectacular quarter was enough to spook the market. The European airline group remains hugely profitable, but Friday’s numbers left many industry-watchers wanting (even) more.
Two of the most powerful executives in European aviation positioned this rare joint interview not in the context of solidarity, but as a matter of industry security and survival.
In Europe’s airline market, cost discipline beats scale — ultra-low-cost carriers lead on margins, while legacy giants rely on consolidation and strategy to stay competitive.