Airspace reform is being ‘shackled by needless bureaucracy,’ Easyjet chief warns September 4, 2024 UK and European airspace reforms that would reduce flight times and emissions are being “shackled by needless bureaucracy,” according to the chief executive of Easyjet. Speaking at a Net Zero conference in Bedford, Johan Lundgren said airspace modernisation was the “quickest way to reduce carbon emissions” but warned it couldn’t be “kicked down the road [...]
Ryanair and Wizz Air smash passenger records as summer travel demand booms September 3, 2024 Low-cost rivals Ryanair and Wizz Air reported record passenger numbers in August as travel demand booms in the peak summer period.
Aircraft orders still lagging behind despite UK airlines hitting 2024 high August 23, 2024 The number of aircrafts being ordered by UK airlines hit its highest monthly figure in July as a slew of deals at the Farnborough Airshow helped the industry weather wider supply chain issues. Some 131 orders were placed over the month, outpacing every other month in 2024 and representing the largest July delivery rate on [...]
Gatwick Airport profit jumps as long-haul expansion drives growth August 22, 2024 Gatwick Airport's chief executive said the hub was experiencing its "busiest ever" summer as passenger numbers hit 19.9m.
Loveholidays: How CEO Donat Rétif tripled profit by ‘democratising’ travel August 2, 2024 Donat Rétif has only been the CEO of Loveholidays since 2019, but under his leadership the vacation marketplace has experienced explosive growth across all major metrics, doubling its revenue, tripling its pre-tax profit and quadrupling its workforce.
Expedia: Profit more than doubles as UK sales surge as travel demand returns July 24, 2024 The UK arm of Expedia saw its profit more than double as its turnover surged by almost £60m during 2023, it has been revealed.
Build, Baby, Build: Heathrow needs a third runway July 24, 2024 London’s lack of air capacity is an international embarrassment. A can-do Labour government should push through where the Tories failed and build a third runaway at Heathrow, says James Price As I downed a peculiar American concoction that promised to help me sleep (no, not Jack Daniel’s) for an overnight flight back to Blighty recently, [...]
Rolls-Royce signs £232m private jets deal July 23, 2024 Rolls-Royce has signed a deal with American private jet carrier JSX worth $300m (£232m) over ten years.
Virgin Atlantic buys seven new planes from ‘main dance partner’ Airbus as it targets return to profit July 23, 2024 Virgin Atlantic has ordered seven new plans as it looks to complete its multibillion-dollar fleet transformation and return to the black.
Ryanair: Michael O’Leary says summer fares will be ‘materially lower’ as profit falls July 22, 2024 Chief executive Michael O'Leary warned shareholders that fares in the upcoming quarter would be "materially lower than last summer."