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Articles tagged “low-cost”

Europe’s Airlines Approaching U.S.-Like Levels of Profitability

Europe’s Airlines Approaching U.S.-Like Levels of Profitability

Jay Shabat, Skift Airline Weekly

Europe’s airline sector is a mix of thriving and struggling carriers. It’s also a mix of welcome developments, like booming transatlantic demand, and very unwelcome ones, like severe air traffic control delays.

1 year ago

Fastjet Grounds Tanzania Flights in Effort to Keep Its License

Fastjet Grounds Tanzania Flights in Effort to Keep Its License

Ken Karuri, Bloomberg

It's been difficult for carriers to fully tap into Africa's low-cost potential, and Fastjet is no exception as it continues to face serious financial obstacles.

1 year ago

Norwegian Cuts the Only Budget London-Singapore Flight

Norwegian Cuts the Only Budget London-Singapore Flight

Angus Whitley, Bloomberg

Plenty of short budget flights remain popular among travelers, but the economics of low-cost long-haul are still tricky, and rising fuel prices don't help.

2 years ago

Norwegian CEO Not Interested in Selling to British Airways Owner

Norwegian CEO Not Interested in Selling to British Airways Owner

Jonas Cho Walsgard and Richard Weiss, Bloomberg

There we have it: Norwegian's CEO doesn't want to do a deal with IAG. That's not necessarily the end of the story, however. These things can change pretty quickly.

2 years ago