Heathrow is the world’s most expensive airport, so why is it so bad? Opinion Heathrow has yet again to rank in the top 20 in the world’s airport rankings. It’s time for a complete regulatory overhaul to give Londoners the hub they deserve, says Nigel Wicking At an awards ceremony in Madrid, news travelled fast that Heathrow, the UK’s only hub airport, had yet again failed to take a [...]
IAG: Pay for British Airways owner’s CEO takes off after FTSE 100 success Transport and infrastructure The chief executive of British Airways owner IAG has received a huge pay rise after its shares surged on the FTSE 100 over the last year. Luis Gallego has been handed a pay packet of £4.6m for the group’s latest financial year, up from the £3.1m he received for 2023. The latest figure also compares [...]
Bigger airports will get growth off the ground Opinion Anyone who believes in growth should applaud rumours that Rachel Reeves will allow London’s airports to expand, says Jasper Ostle Rachel Reeves is rumoured to be throwing her authority behind the expansion of Britain’s airports, particularly Heathrow, Luton and Gatwick. It’s a courageous effort to accelerate necessary development: she will face opposition from colleagues, local [...]
Brexit has left the UK aviation sector up in the air January 24, 2025 Since Brexit, UK pilot’s qualifications are no longer recognised in the EU and planes have to fly to America or Brazil for maintenance. If the government is serious about resetting Britain’s relationship with Europe then aviation would be a good place to start, says Chris Hope In 1945, William T Piper, the founder of the [...]
British Airways succeeds Jaguar in public spotlight after rewards changes January 2, 2025 British Airways has become the latest household name to incur the wrath of a high-profile public backlash in the wake of its decision to significantly change its rewards scheme for loyal customers. The airline revealed earlier this week that it was changing its tiering system for rewards to be based on spend and upped how [...]
Keep airlines’ record $1trn revenue in perspective, says former British Airways chief December 10, 2024 The global airline industry is expected to make $1trn (£783.7bn) in revenue for the first time in its history next year, as passenger demand continues to break records in the post-Covid era. The International Air Transport Association (IATA) on Tuesday forecast annual traffic would reach another all-time high of around 5bn, despite supply chain issues [...]
Easyjet: Golden goodbye for departing CEO Johan Lundgren December 10, 2024 The departing chief executive of Easyjet has been handed a golden goodbye to the tune of almost £3m ahead of stepping down next month. Johan Lundgren has pocketed £2.88m ahead of handing over to Kenton Jarvis in the New Year. The pay packet is up from the £2.19m Lundgren received in the prior year. The [...]
Why Virgin Atlantic boss won’t meet British Airways chief alone November 25, 2024 The boss of Virgin Atlantic has revealed the legacy of the dirty tricks scandal in the early 1990s will mean he will never meet his British Airways counterpart alone. Shai Weiss has said that while he has “professional respect” for Sean Doyle, he remains cautious and does “not want to get caught out”. Three decades [...]
Jet2 hikes dividend on record profit as holiday prices rise again November 21, 2024 Average package holiday prices grew six per cent to £904, with inflation leading to higher costs for consumers, Jet2 said.
Jet2 takes on Easyjet as it launches new routes from UK airport November 13, 2024 Jet2 is parking its tanks firmly on Easyjet’s lawn as it announced its expansion into London Luton Airport – where its rival is headquartered. The Leeds-headquartered carrier is to start operating flights from the transport hub from next April. London Luton Airport will become Jet2’s 13th UK base and will offer 17 destinations. Jet2 said [...]