Wizz Air: Shares tank as profit tumbles Transport and infrastructure Wizz Air reported a hefty drop in annual profit as it grapples with long-running supply chain issues and conflict in Ukraine and the Middle East. Shares tanked 22.7 per cent as markets opened on Thursday. Annual operating profit fell 51.7 per cent year-on-year to €167.5m (£141m), below analyst expectations, even as passenger traffic hit a [...]
Heathrow Airport holds outlook as profit edges up Transport and infrastructure London Heathrow Airport has maintained its outlook for profit and passenger traffic as work continues “at pace” on a planning application for its third runway. The West London hub anticipates carrying a record 84.2m passengers in 2025, up 0.5 per cent year-on-year. But pre-tax earnings (EBITDA) are expected to decrease by 11 per cent to [...]
London Stansted – The gateway to more possibilities Partner Many of us may currently be enjoying an Easter family holiday on a sunny beach, catching up with family or friends overseas, hitting the ski slopes one last time or sightseeing on a city break. Travel unlocks so many possibilities, whether that’s connecting with family and friends or seeing more of the world. And one [...]
Five key business travel trends in 2025 and beyond April 1, 2025 Just three years ago, the future of business travel hung in the balance. Office spaces were being relinquished, metaverse technologies promised a life of WFA (Work From Anywhere), and the threat of another Covid wave loitered on the horizon. But a new “Business Travel Trends 2025” report co-authored by the trend forecasting agency Globetrender and Amadeus [...]
Unlocking growth, delivering sustainability: London Stansted’s vision for the future March 27, 2025 | Sponsored The last few months have seen the new government make clear what it thinks about aviation’s role in achieving its growth mission. Through successive announcements about airport expansion, the Prime Minister, Chancellor and Transport Secretary have been among the senior Cabinet voices making clear a strong aviation sector is good for growth, and compatible with [...]
More possibilities at London Stansted November 20, 2024 This content was paid for by London Stansted, and produced in partnership with the City AM Commercial department. The convenient choice for business or leisure With an ever-growing list of destinations plus airport facilities and services that enable you to build the exact experience you want, London Stansted is just a short train ride away from [...]
Drones to dominate UK skies by 2027 September 25, 2024 Fleets of autonomous drones will operate routinely across Britain within three years, paving the way for quicker deliveries and emergency services.
Why is Wizz Air training pilots using virtual reality? We went to Budapest to find out August 20, 2024 Join City A.M. in Budapest, Hungary, as we visit Wizz Air's pilot training centre. The budget carrier is using Airbus-developed virtual reality to train new pilots.
European airline results make for ‘depressing reading’, says Air Astana boss August 5, 2024 Air Astana on Monday reported record passenger half-year passenger numbers, driven by unexpectedly high demand from China.