Articles tagged “europe”

Air France-KLM’s $324 Million in Fuel Savings Likely to Offset Coronavirus Outbreak Costs

Air France-KLM’s $324 Million in Fuel Savings Likely to Offset Coronavirus Outbreak Costs

Patrick Whyte, Skift

For the moment, the drop in fuel price is benefiting Air France-KLM, but if the coronavirus outbreak doesn't ease off, this could all change.

10 hours ago

Qatar Airways Ups Stake in British Airways Owner With $600 Million Investment

Qatar Airways Ups Stake in British Airways Owner With $600 Million Investment

Alexander Cornwell and Paul Sandle, Reuters

Remember non-European Union nationals cannot own more than 49.9 percent of a European airline. So what's Qatar Airways' big plan for International Airlines Group?

2 days ago

Europe’s Scandic Hotels Targets Youthful Travelers With New Economy Brand

Europe’s Scandic Hotels Targets Youthful Travelers With New Economy Brand

Patrick Whyte, Skift

It's about time Scandic added another brand to its portfolio. The idea to widen the company's market in the economy segment is eminently sensible.

2 days ago

Google’s Critics Dismiss Move Posting Competitors’ Travel Links as Window Dressing

Google’s Critics Dismiss Move Posting Competitors’ Travel Links as Window Dressing

Dennis Schaal, Skift

Google is bending somewhat to intense regulatory pressure in Europe. But its answers in travel to date aren't very meaningful.

6 days ago

Lastminute.com Pushes Into India With HolidayIQ Deal

Lastminute.com Pushes Into India With HolidayIQ Deal

Patrick Whyte, Skift

Speculation continues to grow around Lastminute.com Group's ownership. In the meantime it's getting on with expanding its presence across the globe.

6 days ago

New Norwegian CEO Doesn’t Yet Have Answers to Low-Cost Long-Haul Profitability Problem

New Norwegian CEO Doesn’t Yet Have Answers to Low-Cost Long-Haul Profitability Problem

Patrick Whyte, Skift

Maybe it was a bit too much to expect some big strategic initiatives from such a new CEO, or maybe the airline is keeping them under wraps for now. But an airline with Norwegian's historic problems cannot tweak its way to viability.

1 week ago

Qatar Airways-Backed Air Italy Is Shutting Down

Qatar Airways-Backed Air Italy Is Shutting Down

Patrick Whyte, Skift

Another European airline bows out. Alitalia has once again outlasted one of its purported challengers — now it desperately needs to find a buyer.

1 week ago

TUI Bets Big on Taking Thomas Cook Market Share

TUI Bets Big on Taking Thomas Cook Market Share

Patrick Whyte, Skift

TUI CEO Fritz Joussen sounded much more upbeat than he did last December. While the Max grounding continues to cause problems for the company, holiday bookings for summer 2020 have grown. For now, it thinks it has the edge on its remaining competitors.

1 week ago

Google Bows to European Pressure and Tests Adding Travel Rivals’ Direct Links

Google Bows to European Pressure and Tests Adding Travel Rivals’ Direct Links

Dennis Schaal, Skift

Google has argued for years that its boxed-up and featured hotel, flight, and restaurant results are highlighted because they provide users with the "best answers." But in Europe, regulators may have pushed Google to acquiesce, offering its competitors some air time in its featured results by testing direct links.

1 week ago

Europe’s Meininger Hotels Mulls Going Public: Report

Europe’s Meininger Hotels Mulls Going Public: Report

Patrick Whyte, Skift

After months of problems, Mumbai-headquartered Cox & Kings is now undergoing insolvency proceedings in India. Will Meininger, its hybrid hotel chain, get a new lease on life?

1 week ago

Ryanair Marketing Boss Kenny Jacobs Is Leaving the Airline

Ryanair Marketing Boss Kenny Jacobs Is Leaving the Airline

Conor Humphries, Reuters

Kenny Jacobs is a well-known member of Ryanair's senior management team and has frequently represented the airline at industry events. Given his prominent role at the company, his departure is something of a shock.

2 weeks ago

Finnair Predicts Coronavirus Will Have Limited Impact on Financials of Airlines

Finnair Predicts Coronavirus Will Have Limited Impact on Financials of Airlines

Patrick Whyte, Skift

As long as the flight suspensions don't last too long, Finnair thinks the impact of the coronavirus outbreak should be fairly limited. The problem is at the moment no one knows exactly how quickly, or how easily, it will spread across the rest of Asia and possibly the world.

2 weeks ago