airlines
Travellers booking with budget airlines often see their arrival at a regional airport and extended journey to their destination as the price they have to pay for a low-cost fare. Fly with a low-cost carrier to Paris and you’ll probably land at Beauvais-Tillé Airport some 85 kilometres northwest of the capital. Book for Milan and you might arrive at Orio al Serio International Airport, closer to the city of Bergamo than to Italy’s fashion capital. But instead of viewing this as an inconvenience, consider using it as a way to explore some of Europe’s unsung cities. Wander canals and sip prosecco...
Euronews (English)
International Consolidated Airlines Group (IAG) released its first quarter 2024 results on Friday morning, showing an operational profit before exceptional items of €68 million. This was a huge jump from the €9 million seen in the first quarter of 2023. IAG owns several notable airlines, such as British Airways, Aer Lingus, Lufthansa, Eurowings, Swiss Air, Air France and much more. Although the group still saw a loss after tax of -€4 million in Q1 2024, this was still much better than the -€87 million seen in Q1 2023. Total revenue came in at €6.4 billion in the first quarter of 2024, up from ...
Euronews (English)
Qantas Airways has agreed to pay 120 million Australian dollars (€74 million) in compensation and a fine for selling tickets on thousands of cancelled flights. The Australian Competition and Consumer Commission (ACCC) sued the Sydney-based airline in the Federal Court last year. They alleged that Qantas engaged in false, misleading or deceptive conduct by advertising tickets for more than 8,000 flights between May 2021 and July 2022 that had already been cancelled. Qantas agreed to settle the suit by paying a AU$100 million (€61 million) fine to the Australian government and a projected AU$20 ...
Euronews (English)
Airlines have hit back against EU plans to monitor contrails from aircraft, claiming too little is known about their climate impact to regulate them. The International Air Transport Association (IATA) says it’s too soon to implement regulations as there are still “gaps” in scientific knowledge about their impact. New EU regulations will see airlines required to measure and report non-CO2 emissions from flights from January 2025. That would include contrails, nitrogen oxides and sulphur. Contrails or condensation trails are created when ice crystals form around tiny particles of carbon emitted ...
Euronews (English)
German national carrier Lufthansa reported its first quarter 2024 earnings on Tuesday, clocking in an operating loss of -€849 million, a steep plunge from Q1 2023's loss of -€273 million euros. However, the group saw its revenue for the first quarter rise 5% year-on-year to €7.4 billion, up from €7 billion in Q1 2023. Net loss for the group was -€734 million, down from Q1 2023's -€467 million. This was mainly due to ongoing strike actions by both Lufthansa's employees, as well as partner companies' employees, which also affected the wider airline industry. Unit costs for Lufthansa's Passenger ...
Euronews (English)
EasyJet has announced a significant reduction in losses for the six months ending in March, with a pre-tax loss expected to range between £340 and £360 million (€397 and €420 million). This is against the forecasted loss of £390 million (€455 million), marking an increase of more than £50 million (€58 million) compared to last year, as reported in today's financial update. The low-cost British airline attributed the results to increasing capacity where demand was highest and making operations more efficient. It says it kept costs stable despite higher fuel prices, 6% inflation per seat, and fa...
Euronews (English)
Ireland-based Avia Solutions Group, the world’s largest aircraft, crew, maintenance and insurance (ACMI) provider has recently taken further steps to enter the US market, through its tie-up with Impact investments. The latter will support Avia Solutions with financial and strategic development counsel. In turn, this is expected to go a long way in helping the group expand further into the US. Avia Solutions already has offices in California, New York and Florida. Apart from these and Ireland, the group also has offices in Lithuania, Asia Pacific, the United Arab Emirates, South Africa and Aust...
Euronews (English)
Whether you’re a frequent first class flyer, or a trip at the front of the plane is still firmly on your bucket list, a luxury flight is the best start to a trip. New research has revealed the best luxury air travel experiences, with many of the top rated hailing from Europe. The research looked at first-class experiences across different airlines, analysing factors like airport experience, legroom, cabin and seat quality, food and drink, onboard service and entertainment, as well as amenities and facilities. They also focused on short and medium haul flights, scoring each factor out of 10, in...
Euronews (English)
The EU has banned the Turkish airline Southwind from flying in its airspace due to evidence of the company's links to Russia, Turkish newspaper Cumhuriyet reported on March 30. After Russia's full-scale invasion of Ukraine on Feb. 24, 2022, the EU and other countries banned Russian airlines or Russian-owned airplanes from using EU airspace, as well as prohibited the export of aviation-related technology. Southwind Airlines was founded in April 2022 in Turkey and operates flights to a dozen destinations in Russia and Belarus, as well as Moldova, Lebanon, and North Macedonia. Southwind planned t...
Kyiv Independent
The EU has banned the Turkish airline Southwind from flying in its airspace due to evidence of the company's links to Russia, Turkish newspaper Cumhuriyet reported on March 30. After Russia's full-scale invasion of Ukraine on Feb. 24, 2022, the EU and other countries banned Russian airlines or Russian-owned airplanes from using EU airspace, as well as prohibited the export of aviation-related technology. Southwind Airlines was founded in April 2022 in Turkey and operates flights to a dozen destinations in Russia and Belarus, as well as Moldova, Lebanon, and North Macedonia. Southwind planned t...
Kyiv Independent (CA)
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