Articles tagged “low-cost carriers”

Page 2

Should Ryanair CEO Michael O’Leary Step Down?

Should Ryanair CEO Michael O’Leary Step Down?

Chris Bryant, Bloomberg

The idea of replacing iconic Ryanair CEO Michael O'Leary would have been unthinkable six months ago. But times change. Maybe Ryanair needs a leader who is less antagonistic to labor.

2 months ago

Ryanair Pilots Call Off Strike After Airline Accepts Union Recognition

Ryanair Pilots Call Off Strike After Airline Accepts Union Recognition

Dara Doyle, Bloomberg

Ryanair's conciliatory behavior seems to have worked this time, but it remains to be seen how its new attitude toward unions plays out over the long term.

2 months ago

Ryanair Caves in and Finally Agrees to Recognize Labor Unions

Ryanair Caves in and Finally Agrees to Recognize Labor Unions

Dara Doyle and Richard Weiss, Bloomberg

Union recognition is a big deal for Ryanair given its previous stance. The move will no doubt embolden the company’s employees, who could push for further concessions.

2 months ago

Singapore Air Sounds Alarm on Overcapacity as Competition Heats Up

Singapore Air Sounds Alarm on Overcapacity as Competition Heats Up

Kyunghee Park and Haslinda Amin, Bloomberg

Complaints about overcapacity always sound like sour grapes, especially when they come from legacy carriers. Singapore Airlines is just one of a number airlines being squeezed at both ends of the spectrum.

2 months ago

WestJet Thinks It Can Please All Flyers With Dual Strategy

WestJet Thinks It Can Please All Flyers With Dual Strategy

Frederic Tomesco and Justin Bachman, Bloomberg

Just because low-cost offshoots failed in the past, it doesn’t mean they’ll do the same now. WestJet’s dual strategy has a good chance of succeeding as long as there׳s a big enough difference between the two offerings.

3 months ago

European Growth Helps Boost Global Airline Profits

European Growth Helps Boost Global Airline Profits

Christopher Jasper and Benjamin Katz, Bloomberg

Despite the multiple bankruptcies, European aviation has actually had a pretty good year. And with some of the weaker carriers exiting the market, there are more opportunities for the likes of Lufthansa and IAG to exploit their dominance.

3 months ago

EasyJet CEO Carolyn McCall Will Be a Hard Act to Follow

EasyJet CEO Carolyn McCall Will Be a Hard Act to Follow

Patrick Whyte, Skift

The best CEOs know when it's the right time to quit. Things may look rosy now, but EasyJet could be in for a tough time if the UK's Brexit negotiations go badly.

3 months ago

Ryanair Pilots Are Stepping Up Attempts to Unionize

Ryanair Pilots Are Stepping Up Attempts to Unionize

Benjamin Katz, Bloomberg

The well-documented scheduling problems have given Ryanair pilots plenty of leverage but so far the carrier is refusing to change its position on unions. At the moment no one seems to be budging in this game of airline chicken.

3 months ago

EasyJet Increases Fares Thanks to Problems at Rival Airlines

EasyJet Increases Fares Thanks to Problems at Rival Airlines

Thomas Seal, Bloomberg

While EasyJet isn't totally out of the woods yet, departing CEO Carolyn McCall leaves the airline in a much stronger position than it was a year ago. The initial shock of the Brexit vote has been weathered, and other carriers are struggling. Both of which make her successor's job that much easier.

3 months ago

EasyJet Picks Surprise Successor to Outgoing CEO Carolyn McCall

EasyJet Picks Surprise Successor to Outgoing CEO Carolyn McCall

Patrick Whyte, Skift

EasyJet's choice for its new CEO is a bit of a surprise given that Johan Lundgren left his last job at TUI Group in May 2015 and wasn't one of the many names linked with the job. Still he's got plenty of travel experience, which will help him deal with the challenges in his new role.

4 months ago

Wow Air Looks to Outside Investment to Help Accelerate Growth

Wow Air Looks to Outside Investment to Help Accelerate Growth

Patrick Whyte, Skift

Many airlines have been undone by ambitious expansion plans, and while Wow Air is profitable now, extra planes mean extra costs. Can a small carrier like Wow Air survive in a sector that is moving toward further consolidation?

4 months ago

Ryanair CEO Thinks Higher Pay Can Solve Drawn-Out Pilot Dispute

Ryanair CEO Thinks Higher Pay Can Solve Drawn-Out Pilot Dispute

Benjamin Katz and Christopher Jasper, Bloomberg

Given the awful publicity surrounding its pilot issue, it is pretty amazing that Ryanair is maintaining its full-year guidance. While plenty of European airlines are struggling, Ryanair looks like it will make $1.5 billion in profit in 2018.

4 months ago