Ryanair grew 13% last fiscal year, considers shutting down Laudamotion in Vienna

Ryanair Holdings plc today (May 18) reported a full year profit of €1,002m (exclusive hedge ineffectiveness), compared to €885m last year. Highlights include: Traffic grew 4% to 149m guests. Revenue per guest rose 6% to €57 (2% higher fares & ancillary rev. up 16%). Over 90% of flights arrived on-time (excl. ATC delays). EU’s greenest, […]

Shocking: Emirates rumoured to permanently decommission 40% of Airbus A380 fleet & fire a third of cabin crew

Emirates is said to be drawing up plans to permanently decommission 40 per cent of its Airbus A380 superjumbo fleet with a final decision likely to be officially announced within days according to several sources said to be familiar with the matter. The Dubai-based airline, which is by far the world’s largest operator of the […]

Ryanair plans to resume 40% of flights from 1st July

Ryanair hopes to restore 40% of its flights starting in July as governments in Europe lift the lockdowns that halted most international air travel for months. But the conditions that have to be met first illustrate the daunting task facing airlines as they seek to resume flying without spreading the coronavirus. Europe’s largest airline by passenger numbers said in a statement […]

Avianca, 2nd largest airline in Latin America, files for bankruptcy

Colombia’s main airliner Avianca said Sunday it has filed for bankruptcy in the United States. With its bankruptcy, the airliner becomes the largest employer in Colombia to fall victim to the economic effects of the pandemic. The bankruptcy comes two weeks after Avianca CEO Anko van der Werff asked the Colombian government for financial support, […]

KLM restarts flights to 8 destinations, face masks mandatory

KLM is cautiously restarting flights to a number of its European destinations. From Tuesday, the airline will perform daily flights to Barcelona, Madrid, Rome, Milan, Budapest, Prague, Warsaw and Helsinki. Travelers will be obliged to wear masks that cover their nose and mouth, the airline announced. “This involves face protection in the broadest sense of […]

Wizz Air launches 5 new routes from Abu Dhabi to Europe

European low-cost carrier Wizz Air has announced five new routes from Abu Dhabi, which are set to launch later this year. The budget airline will connect the UAE capital with Budapest and Bucharest from June; and with Cluj-Napoca, Katowice and Sofia from September, subject to aviation activity resuming amid the current coronavirus pandemic. Meanwhile, the […]

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