Articles tagged “europe”

The news isn't great for shareholders, but it does offer some encouragement to employees and anyone who has booked a flight or holiday this summer.

After 17 years, Bjorn Kjos is out as CEO. He is staying on as an advisor and still retains a minority stake, but does his departure make a sale more likely?

Package holidays are still popular across much of Europe, and companies like Sunweb think there are plenty of opportunities for growth. Buying up rival tour operators helps with scale, as does the struggles of a competitor like Thomas Cook.

It's never dull in the airline industry, and the first half of 2019 has been no exception. We were hard-pressed to single out the most interesting region. But the industry in Europe had the wildest ride in the first half, with high-profile bankruptcies, a few strikes, impending acquisitions, changing business models, and the perennial Alitalia saga.

By ordering Airbus' longest-range narrowbody jet, JetBlue showed it's serious about international expansion. The jet it ordered earlier in the year has enough range to fly to London, so the airline probably intends to fly farther into Europe.

Langham has expanded in North America, China, and Australia, but not in Europe, where its acquisition of The Langham, London, gave it the brand. A new wave of development earmarks Europe as a priority, and the company wants to enter the resort space as well. But before all that can happen, it needs to further raise brand awareness.

With costs lower than most other airlines, Wizz Air is in a strong position to ride out a difficult 2019.

American Airlines is once again expanding its seasonal service to traditionally less-trafficked destinations in Europe where tourism growth is reaching new highs.

Given that Thomas Cook released a statement about the potential sale, this looks pretty serious. But it begs the question: Just what will Thomas Cook have left if and when it sells its airlines and Nordics divisions?

Niki Lauda may have been more famous as a Formula One racing driver, but he left a lasting impression on the European aviation industry.