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Articles tagged “british airways”

Will Low-Cost Airlines Benefit From a Brexit-Induced Corporate Travel Slowdown?

Will Low-Cost Airlines Benefit From a Brexit-Induced Corporate Travel Slowdown?

Patrick Whyte, Skift

If the UK economy moves into recession, companies will look to slash their corporate travel budget. Full service carriers like British Airways are likely to take the bigger hit, which could benefit low-cost airlines like easyJet.

4 months ago

Qatar Airways Again Raises Its Stake in British Airways Owner IAG

Qatar Airways Again Raises Its Stake in British Airways Owner IAG

Deena Kamel Yousef , Bloomberg

IAG stock is relatively cheap now so, it makes sense that Qatar Airways took this chance to add to its shares in the company.

4 months ago

British Airways Parent Warns of Brexit-Related Profit Decline

British Airways Parent Warns of Brexit-Related Profit Decline

Benjamin Katz, Bloomberg

It's a tough market for European airlines, who must deal with concerns about terrorism, as well as economic uncertainty. Things could get worse before they improve.

4 months ago

Top 10 Airline Sites in the U.S., UK and India for June 2016

Top 10 Airline Sites in the U.S., UK and India for June 2016

Sarah Enelow, Skift

Budget airlines' strategy of focusing on direct bookings allows them to grab a larger share of web traffic and gain ground in the direct booking wars.

5 months ago

British Airways Owner Says Brexit Won’t Spur Operational Changes

British Airways Owner Says Brexit Won’t Spur Operational Changes

Richard Weiss and Ryan Chilcote, Bloomberg

Willie Walsh sees a $2 billion shortfall because of fuel purchases in U.S. dollars as "very technical, mechanical." Ya, the Great Depression was merely a correction too.

5 months ago

British Airways Expects Demand and Profits to Drop After Brexit Vote

British Airways Expects Demand and Profits to Drop After Brexit Vote

Benjamin Katz, Bloomberg

The owners of British Airways say it doesn't see a long-term risk due to the British exit from the EU — we'll see how that turns out — but in the near term, the vote is expected to hurt profits.

6 months ago

UK Airline Stocks Plunge Following Pro-Brexit Vote

UK Airline Stocks Plunge Following Pro-Brexit Vote

Victoria Bryan, Reuters

It's going to be a bumpy few weeks (or months, or years) as the implications of the vote unfold.

6 months ago

Qatar Air CEO Is Happy With His Carrier’s Current Stake in British Airways’ Owner

Qatar Air CEO Is Happy With His Carrier’s Current Stake in British Airways’ Owner

Christopher Jasper, Bloomberg

If not for Europe's limits on foreign ownership, Qatar Airways and other gulf carriers would undoubtedly have an even larger presence across the continent.

6 months ago

Qatar Airways Increases Stake Again in British Airways Parent Company

Qatar Airways Increases Stake Again in British Airways Parent Company

Benjamin Katz, Bloomberg

The IAG investment helps Qatar Airways diversify at a time when some recently popular routes in and out of oil-friendly destinations are beginning to dry up.

7 months ago

British Airways Owner Says Sales Impacted by Brussels Bombs and Brexit Debate

British Airways Owner Says Sales Impacted by Brussels Bombs and Brexit Debate

Benjamin Katz, Bloomberg

Adverts Impacts from terrorism are sometimes temporary as travelers regain their confidence. But if Britain leaves the European Union, the effects from that will be long-lasting for IAG's business around the world.

7 months ago

Qatar Air Increases Its Stake in British Airways Owner IAG

Qatar Air Increases Its Stake in British Airways Owner IAG

Deena Kamel Yousef, Bloomberg

Until the Open Skies debacle gets resolved, Qatar Airways' stake in IAG, particularly for its North American routes, is its way to benefit from lucrative transatlantic routes.

7 months ago

Flybe CEO on Joint Ventures: No Thanks

Flybe CEO on Joint Ventures: No Thanks

Benjamin Katz, Bloomberg

Flybe wants to keep it simple: No joint ventures wanted, just good, old-fashioned, passenger-boosting codeshares. Management at the European regional carrier have a bitter taste in their mouths after a joint venture gone awry with Finnair.

8 months ago