Articles tagged “low-cost carriers”

Airlines

AirAsia to Open Fast-Food Restaurant Serving Its Inflight Food

Two things about AirAsia that its group CEO Tony Fernandes is most proud of are (gasp) the airline’s inflight food and (clap) that it hires a lot of female pilots. From the creator of the tagline, "Now everyone can fly," soon everyone can eat "sambal" without flying.
Airlines

Ryanair Reorganizes Exec Team as It Falls to Loss

If it's tough for Ryanair, you can imagine how difficult it is for other smaller airlines. With a new group structure, it will be interesting to see how big a part the Irish carrier plays in any consolidation over the course of 2019.
Airlines

Wizz Air Pinched by Fuel Price Rise

It might have been a difficult quarter for Wizz Air but it remains broadly optimistic. Along with other airlines, it will be hoping that the UK government comes to some form of agreement over Brexit.
Airlines

Recession Watch: The Debt Load of the Travel Industry's Public Companies

When it comes to their debt, easyJet has a much more liquid position than Ryanair, while United and Delta have a lighter debt burden relatively speaking than American Airlines. In the event of a recession, debt loads would be one critical factor among many in hamstringing or contributing to a company's ability to maneuver.