Articles tagged “lccs”

Saudi Budget Airline Flynas May Do an IPO in 2017

Saudi Budget Airline Flynas May Do an IPO in 2017

Deena Kamel Yousef and Deema Almashabi, Bloomberg

The Saudi government wants to reduce its role in the domestic economy; seeking further outside investment for Flynas through a potential IPO is a signal of further things to come.

7 days ago

British Airways CEO Interview: How to Bring a Low-Cost Mindset to a Legacy Airline

British Airways CEO Interview: How to Bring a Low-Cost Mindset to a Legacy Airline

Jason Clampet, Skift

Some old-school companies talk about embracing start-up thinking without knowing what that really means. This, though, is what they wish it looked like in practice.

2 weeks ago

British Airways’ Parent IAG Plans New Low-Cost, Long-Haul Flights from Barcelona

British Airways’ Parent IAG Plans New Low-Cost, Long-Haul Flights from Barcelona

Brian Sumers, Skift

International Airlines Group likely has no choice but to try to take on Norwegian in London, Barcelona and elsewhere. The company likely learned its lesson from Ryanair and EasyJet.

3 weeks ago

Norwegian Air CEO Interview: Regulators and Airlines Are Afraid of Us

Norwegian Air CEO Interview: Regulators and Airlines Are Afraid of Us

Brian Sumers, Skift

Many U.S. airlines and their employee unions are concerned about Norwegian's rapid growth — and for good reason. With its low cost, long-haul model, Norwegian is a threat to legacy airlines.

4 months ago

How 4 European Low-Cost Carriers Are Preparing for Their Own Brexit

How 4 European Low-Cost Carriers Are Preparing for Their Own Brexit

Brian Sumers, Skift

Despite all the sabre-rattling, it could be business as usual for Europe's low cost carriers even if the United Kingdom leaves the EU.

7 months ago

For Low-Cost Airlines, Korea Punches Above Its Weight

For Low-Cost Airlines, Korea Punches Above Its Weight

Kyunghee Park, Bloomberg

Koreans may love a deal, but it's hard to believe a country of South Korea's size can support six low cost carriers long term.

7 months ago

Brexit Is Bad News for Europe’s Low-Cost Carriers

Brexit Is Bad News for Europe’s Low-Cost Carriers

Andrew Sheivachman, Skift

Travel and tourism has been one of Europe's economic strengths in recent year. The Brexit would complicate matters for airlines, tour operators, and many others in the travel industry.

7 months ago

India’s IndiGo Airlines Seeks to Raise Up to $500 Million in IPO

India’s IndiGo Airlines Seeks to Raise Up to $500 Million in IPO

George Smith Alexander , Bloomberg

Rising incomes in India have helped budget carrier IndiGo find a market and now it is seeking an initial public offering to propel its growth in what has been a challenged airline sector in the country.

1 year ago