Europe – Page 8
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Airline Business
Airline recovery hopes blighted by slow recovery despite bright pockets
It says something about the depth of the airline industry’s troubles that even an extra $9 billion in losses this year would leave the industry significant healthier than in 2020.
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Airline Business
Eyes on UK for first signs of European air travel recovery
The real test is ahead; as the region moves towards the middle of the year and the crucial June-August holiday season, will markets begin to open up and genuine recovery momentum build?
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Airline Business
European airlines pine for summer recovery
Amid the endless months of lockdown, the rollout of vaccines has been the light at the end of the tunnel for European airlines desperate to begin generating cash again.
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Airline Business
Covid-hit airlines still seeking the initiative on sustainability
The airline industry could have been forgiven for concentrating on immediate challenges around its very survival during the Covid-19 crisis. But it is a mark of how sustainability has become central to what the European Commission and others have referred to as the sector’s “licence to grow” that already this ...
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Airline Business
Airlines anxiously await international rescue as variants trump vaccines
Concerns about variants of Covid-19 are spoiling what was, towards the end of 2020, expected to be a turning point for international air travel.
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Airline Business
How trust strained by the DC-10 fractured with the 737 Max
As the domino-chain grounding of the Boeing 737 Max and its gradual patchwork rehabilitation have revealed, unanimous agreement that air safety is paramount does not necessarily translate into a harmonised approach to delivering it. When the European Union Aviation Safety Agency grounded the Max in March 2019, the US FAA ...
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Airline Business
SAS leans on domestic markets amid intensifying competition
Large domestic markets have helped ease several carriers through the Covid-19 crisis, as travel restrictions and a fear of moving across borders bolster internal demand within countries with large populations and territories.
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Airline Business
What does Norwegian exit mean for long-haul, low-cost adventure?
Norwegian is ditching the long-haul, low-cost model it pioneered over the past decade, but will the carrier’s legacy be a longer lasting impact on the transatlantic market?
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Airline Business
Does shift towards pre-flight Covid-19 testing spell disaster for airlines?
The tightening of border controls is an emerging theme in the early days of 2021, as governments react to concerns about new variants of Covid-19 and soaring infection rates in many regions.
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Airline Business
How many jobs have Europe’s airlines cut in 2020?
Tens of thousands of jobs have been lost in Europe’s airline sector since the crisis began, as carriers seek to reduce cash burn and ‘right-size’ for the eventual recovery in demand.
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Airline Business
Will Europe’s low-cost airlines lead the region out of the crisis?
The possibility that vaccines might begin to have a genuine impact on controlling the pandemic in Europe by the end of the first quarter of 2021 has changed the narrative.
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Airline Business
O’Leary pitches Ryanair’s unlikely union advantage
A few years ago the notion that Michael O’Leary would argue Ryanair’s relationship with its unions would give it a competitive advantage in the marketplace would seem absurd.
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Airline Business
Bailouts renew states’ influence on European airlines
Decades after airlines started moving out of government control and competing in a deregulated market, the issue of state intervention has been brought sharply back into focus by the Covid-19 pandemic.
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Airline Business
Women have 14% of top airline jobs in slow trend towards parity
FlightGlobal’s survey of the crisis-hit airline industry reveals progress has been made on improving the C-suite gender balance over the past 12 months – but from a low base
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Airline Business
Interest in revived Flybe shows continued faith in regional opportunity
On this face of it, plans to revive a loss-making UK regional operation at a time when all airlines, regardless of model, are struggling to survive would seem unlikely.
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Airline Business
Why weaponising British Airways’ slots is a complicated crusade
When British Airways disclosed its intention to restructure its operations under the onslaught of the pandemic, the prospect of its slashing its workforce – and the perception of corporate ruthlessness – led to an extraordinary call for retaliation within UK political circles. BA’s strategy ignited an intense parliamentary discussion which ...
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Airline Business
Cruz leaves British Airways with unfinished business
Ultimately it perhaps is not that surprising that the stepping down of IAG’s long-term group chief executive Willie Walsh should be followed by the departure of British Airways chief executive Alex Cruz. Walsh stepped down as leader of BA parent IAG in September, after delaying his initial departure to help ...
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Airline Business
No one-size-fits-all for European LCC approach to crisis capacity
If the narrative among pan-European low-cost carriers over recent years has been one of consistent rapid growth, the approach to restoring capacity of the leading players since the pandemic has been anything but uniform. Analysis of traffic data released by EasyJet, Norwegian, Ryanair and Wizz Air over recent days illustrates ...
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Airline Business
Why transatlantic return matters so much to airlines
When Virgin Atlantic broke the news it would need to cut over 1,000 more jobs, even having secured its future within £1.2 billion ($1.6 billion) in refinancing commitments, it underlined just how damaging the failure to reignite the key transatlantic market was.
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Airline Business
Airline losses mount for second quarter after revenues collapse
Airlines routinely posted losses deeper than the revenue they brought in during the April-June quarter, as the virtual grounding of international scheduled services wiped out much of their business.