Articles tagged “iag”

European Airline Executives Still Think There Are Too Many Airlines

European Airline Executives Still Think There Are Too Many Airlines

Patrick Whyte, Skift

It seems like there is a renewed appetite among Europe's big airline groups to reduce the number of players in the market. They may find it hard to do while fuel remains cheap, but when it starts to creep up, more deals will likely occur.

6 days ago

Travelers Love Spunky Norwegian Air. But What About Investors?

Travelers Love Spunky Norwegian Air. But What About Investors?

Brian Sumers, Skift

Norwegian wins lots of awards, and they're well-deserved. But investors aren't sure the carrier will produce major profits any time soon. The problem? It may be growing too quickly.

2 weeks ago

British Airways and Air France-KLM Stocks Soar on Long-Haul Growth

British Airways and Air France-KLM Stocks Soar on Long-Haul Growth

Benjamin Katz, Bloomberg

While European short-haul airlines aren't having the easiest of times, their long-haul rivals are making hay.

3 weeks ago

British Airways Passengers Face More Flight Cancellations if Cabin Crews Strike

British Airways Passengers Face More Flight Cancellations if Cabin Crews Strike

Benjamin Katz, Bloomberg

British Airways would be smart to drop its insistence on removing travel benefits for flight crews who participated in prior job actions. There's a tentative agreement in place over salaries so the punitive measures seem vindictive.

3 months ago

New Long-Haul Budget Airline Level Targets Weakened Alitalia

New Long-Haul Budget Airline Level Targets Weakened Alitalia

Thomas Gualtieri and Benjamin Katz, Bloomberg

We're undecided about whether International Airlines Group will show resolve with Level to build a a long-haul, low-cost carrier over the long term. But in the meantime, it may pose a real challenge to struggling Alitalia.

3 months ago

British Airways and Iberia Flyers Face Third Day of Cancellations, Delays

British Airways and Iberia Flyers Face Third Day of Cancellations, Delays

Associated Press

The union GMB tied the systems outage to layoffs in 2016. That's tough to evaluate because British Airways has been silent on what caused the mammoth outage.

3 months ago

British Airways Adds a Fee That Could Weaken Airline-Ticket Middlemen

British Airways Adds a Fee That Could Weaken Airline-Ticket Middlemen

Sean O'Neill, Skift

Skift anticipated that British Airways and Iberia would copy Lufthansa's pioneering move to push middlemen further out of the distribution chain. But the move is still eyebrow-raising because it defies two years of predictions by the distribution systems that Lufthansa's effort would fizzle out.

3 months ago

IAG Has Record Profit This Quarter, Thanks Cost Cuts and Crowded Planes

IAG Has Record Profit This Quarter, Thanks Cost Cuts and Crowded Planes

Benjamin Katz, Bloomberg

IAG is just getting started with its efforts to radically cut costs in order to compete with low-cost carriers. Expect similar results in future quarters.

4 months ago

The Battle for the Future of Airlines Is Still Being Fought Over the Atlantic

The Battle for the Future of Airlines Is Still Being Fought Over the Atlantic

Patrick Whyte, Skift

For economic reasons, the transatlantic aviation market has been a hotbed of innovation since the first direct flight almost 100 years ago. Building on the foundations set before, the new disrupters believe we are on the verge of a huge change. Will it last?

4 months ago

Investors Bet that Europe’s Major Airlines Have Found Route Around Turbulence

Investors Bet that Europe’s Major Airlines Have Found Route Around Turbulence

Chiara Remondini and Brian Lysaght , Bloomberg

In a change from the past five years, investors have been running up the stock valuations of Air France/KLM, IAG, and Lufthansa Group, which have done acceptable jobs of negotiating a year marred by terrorism, air traffic disruption, and the economic uncertainty surrounding Brexit.

5 months ago

Travelers Love Norwegian Air’s Transatlantic Fares but Investors May Have Doubts

Travelers Love Norwegian Air’s Transatlantic Fares but Investors May Have Doubts

Chris Bryant, Bloomberg

Norwegian Air has a large and seemingly loyal customer base. But it has been growing quickly, and its new Boeing planes are expensive to buy and operate. Plus, legacy carriers could prove to be tough competitors. Investors have reasons to be wary.

5 months ago

British Airways Parent Reveals Its Long-Haul, Low-Cost Carrier Level

British Airways Parent Reveals Its Long-Haul, Low-Cost Carrier Level

Patrick Whyte, Skift

It's been a quick turnaround for IAG, which only announced plans for a low-cost, long-haul airline in December. The legacy carriers have clearly been spooked by Norwegian's initiatives and are now working to compete in this new landscape.

5 months ago