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air travel

  • Elon Musk flirts with Ryanair acquisition and firing Michael O’Leary

    January 20, 2026

    The space-faring entrepreneur Elon Musk is pondering whether to ground his aspirations a little closer to earth, with suggestions on social media that he could acquire Ryanair and eject Michael O’Leary as chief executive.  In a post on X, the Tesla and Space X chief asked his followers in a poll whether he should buy [...]

  • Easyjet ‘in the firing line’ for FTSE 100 demotion as economic concerns persist

    November 25, 2025

    Easyjet is “in the firing line” for demotion from the FTSE 100 as investors fear the budget airline carrier could be squeezed by Budget tax hikes and weak consumer confidence. The budget airline carrier’s share price fell 1.61 per cent in early morning trading to 472.6 pence, tumbling 14.6 per cent this year to date. [...]

  • NetJets: Losses spike at Warren Buffett’s private jet company

    October 10, 2025

    Losses at the UK arm of NetJets, the private jet company owned by Warren Buffett’s Berkshire Hathaway more than doubled during its latest financial year, it has been revealed. The division has posted a pre-tax loss of $11.2m (£8.4m) for 2024, new accounts filed with Companies House show. The total comes after NetJets UK also [...]

  • The government must green light Heathrow’s plan for expansion

    October 10, 2025

    A third runway at Heathrow will be a shot in the arm for growth, and it’s clear that the airport’s own, shovel-ready plan is the only viable one around, says John Dickie With party conference season wrapping up, all eyes are now turning towards the Autumn Budget and how the government can turn its growth [...]

  • London Luton Airport: Profit more than doubles ahead of expansion

    October 3, 2025

    Profit at London Luton Airport more than doubled in 2024 ahead of major expansion plans being signed off by the government. The airport has posted a pre-tax profit of £89.8m for its latest financial year, new accounts filed with Companies House show. The total is up significantly from the £39.9m pre-tax profit London Luton Airport [...]

  • Gatwick profit jumps after boost to passenger numbers

    August 14, 2025

    Gatwick airport has reported a double-digit rise in profit in the first half of 2025, driven by a boost to passenger and aircraft traffic volume. Total revenue reached £491.4m in the first half of the year, up 0.7 per cent from 2024. Adjusted revenue – accounting for two “large one-off elements” which occurred last year [...]

  • Swissport creates 900 UK jobs as profit almost quadruples

    August 5, 2025

    Swissport created 900 UK jobs as its profit almost quadrupled during its latest financial year, it has been revealed. The Cheshire-headquartered UK arm of the aviation services giant has posted a pre-tax profit of £39.8m for 2024, up from the £10.5m it achieved in the prior 12 months. That previous figure was the first time [...]

  • Airline hails spike in premium bookings to the UK

    August 4, 2025

    Airline Emirates has recorded a surge in bookings from affluent visitors to the UK, which it claimed is “driving forward economic growth” in the country.

  • Sell-out Farnborough International Airshow boosted by Airbus and Boeing deals

    July 29, 2025

    Finances at the company behind the Farnborough International Airshow took off after the bi-annual show saw deals worth more £81bn agreed, it has been revealed. The accounts for Farnborough International, which runs the airshow as well as an exhibition and conference centre alongside two film studios, show the business achieved a turnover of £52.3m in [...]

  • Flexjet: Private jet giant valued at $4bn after mega funding round

    July 21, 2025

    Flexjet, the world’s second-largest private jet company, has been valued at around $4bn (£2.9bn) after securing $800m in new funding. The US firm’s latest funding round has been led by private equity giant L Catterton – which itself is backed by luxury group LVMH. Other backers of the round include KSL Capital Partners and J. [...]

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