Europe – Page 9
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Airline BusinessCruz 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 BusinessNo 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 BusinessWhy 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 BusinessAirline 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.
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Airline BusinessAirlines left doubting if enough people can, or will, travel in 2020
The industry’s relief at being able to ramp up services as the second half of 2020 began is quickly being replaced by concern that the coronavirus is likely to weigh more heavily on demand than previously thought.
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Airline BusinessWhy SpiceJet may feel time is right for US and UK services
True long-haul flights would be a significant strategic change for the budget operator, and there are many challenges to overcome before services could start.
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Airline BusinessHow many jobs are airlines cutting due to coronavirus?
Of the large airlines to have made announcements so far, most have implemented job cuts affecting significant proportions of their workforces.
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Airline BusinessHow Ryanair is increasingly locking horns with Wizz
While most of Ryanair’s fire is aimed in the direction of highlighting potential competition concerns resulting from the state bailouts, it has increasingly been squaring up with central European budget carrier Wizz Air.
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Airline BusinessEuropean carriers put emphasis on reach in short-haul return
As European carriers lay out their plans for restoring passenger services, one of the most notable aspects has been a desire to rebuild the spread of networks ahead of volume.
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Airline BusinessHow states have stepped in to support European carriers
Faced with an immediate drop in revenues from the virtual of grounding of international scheduled passenger flights, governments around the world have stepped in to find ways to keep carrier in business through the coronavirus crisis and beyond.
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Airline BusinessHow might crisis impact European carrier network thinking
A string of major permanent job cut announcements from European carriers over the past week underlines the extent to which the airline industry will be smaller when passenger services return to some kind of normality.
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Airline BusinessHow will crisis impact airline mergers?
Airlines and regulators are having to adjust to a fast-changing landscape as they consider merger and acquisition plans, both those put in play before the coronavirus crisis hit and those that might emerge in its aftermath.
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Airline BusinessAir freight market goes into overdrive
While passenger airlines have heavily reduced their services over recent weeks, the air cargo market has gone into overdrive as a result of the coronavirus pandemic.
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Airline BusinessEuropean carriers face long haul through coronavirus crisis
If the relative financial success of the European airline industry had always seemed paradoxical given the glut of carrier failures over the past three winters, the coronavirus outbreak has to some extent been a leveller.
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Airline BusinessTracking how European airlines have cut capacity during crisis
Over the course of the last week the further spread of aircraft groundings means the European airline scheduled passenger market is approaching a standstill amid national lock-downs and the closing of borders to international visitors.
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Airline BusinessAirline coronavirus story could go from ‘Apocalypse Now’ to ‘The Big Short’
When IATA outled its latest estimates for the impact of coronavirus on the airline industry on 24 March, the urgency of the situation was front and centre of its messaging.
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Airline BusinessWizz warns full grounding a ‘distinct possibility’ as low-cost carriers pare back
Central European budget carrier Wizz Air has warned the grounding of its full fleet remains “a distinct possibility” as it has now reduced its operations to around 15% of its planned capacity.
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Airline BusinessWhich European carriers are suspending all flights because of coronavirus
European carriers have over the past week been announcing increasingly large cuts to their services, as country’s tighten their border controls. A number have called a halt to flights altogether for the coming weeks - or will just operate a few flights to accomodate returning nationals
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Airline BusinessEurope’s carriers lurch into full crisis-mode as capacity slashed
From the moment the World Health Organisation (WHO) director-general Tedros Adhanom Ghebreyesus on 13 March stated that Europe was now the epicentre of the coronavirus pandemic, further drastic cuts to air travel in the region seemed an inevitability.
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Airline BusinessWhy strong Ryanair and Wizz February traffic offers few clues to coronavirus impact
Monthly traffic figures for February released by Ryanair and Wizz Air today offer little indication of the impact on air travel demand of the spread of the coronavirus into Europe.