Articles tagged “lccs”

Airline Weekly

Wizz Air Stumbles

After a bloody first half of 2022, followed by an underwhelming summer, Europe’s Ryanair-wannabe, Wizz Air, reported heavy underlying losses for calendar fourth quarter. Its operating margin? Negative 17 percent. The label “Ryanair wannabe” is not an insult.

Wizz Air Stumbles

Hotels

Accor’s Corporate Reorg, Explained

Today’s edition of Skift’s daily podcast looks at Accor’s corporate reorganization, low-cost Transatlantic losses, and Marriott’s blended future.

Accor’s Corporate Reorg, Explained

Airline Weekly

United Confronts New Realities

Polite. Complimentary. Respectful. Nobody would use these adjectives to describe Scott Kirby’s attitude toward low-cost airlines.

United Confronts New Realities

News Blog

EasyJet Partners with Datalex to Personalize Fare Options

Datalex, a Dublin-based tech company, partnered with easyJet to up the airline's game in merchandising to travelers and the customer experience. EasyJet offers passengers Standard, Standard Plus, and Essentials fares, as well as add-ons such as extra legroom. EasyJet fare types. Source: EasyJet A Datalex spokesperson said this new digital retail partnership with the airline…

News Blog

Majority Owner of India’s SpiceJet Looks to Sell Part of His Stake

Ajay Singh, Chairman and Managing Director of Indian carrier SpiceJet, is said to be in talks with a Middle Eastern carrier and an Indian conglomerate to partially sell a portion of his stake in the budget airline. Singh holds around 60 percent stake in the airline. “The company continues to be in discussions with various…

Airlines

Indian Billionaire Plans to Launch Low-Cost Carrier in an Already Tough Market

With the pandemic gutting India's low-cost carrier market, which already includes IndiGo, SpiceJet, GoFirst and AirAsia India, Rakesh Jhunjhunwala thinks a fresh start, a capital infusion, and new planes could be a competitive advantage. Hope springs eternal, as they say.

Airlines

Norwegian Air Appoints New CEO Effective Immediately

A few years ago Norwegian Air was remaking low-cost, long-haul travel. Now it's focus is on remaking its own business and a former CFO holding the reins isn't a bad place to start.

Norwegian Air Appoints New CEO Effective Immediately

Airlines

Airplane Tickets Shouldn’t Be So Cheap, Says German Finance Minister

We all like to pay less, but whether it be airline tickets, vacation packages, or meals, "cheap" nearly always means the environment is being harmed and workers are being mistreated along the way.

Airplane Tickets Shouldn’t Be So Cheap, Says German Finance Minister

Airlines

Wizz Air Expands in Western Europe

Wizz Air expects passenger volume to recover next year, so it's expanding. Meanwhile, larger rival EasyJet says air travel won't rebound until 2023, so it's cutting deeper. Who's right?

Wizz Air Expands in Western Europe

Airlines

Singapore Airlines CEO Lays Out Challenges Without Any Domestic Routes

In a rare appearance at Skift Forum Asia, Singapore Airlines CEO Goh Choon Phong says the carrier is in a unique position: It doesn't operate a single domestic route. So it has to make up for the valuable revenue stream it lacks from domestic traffic feed by competing aggressively in a fragmented market.

Singapore Airlines CEO Lays Out Challenges Without Any Domestic Routes