Is the post Covid boom over? A reality check for Ryanair, Easyjet, Wizz Air and Jet2 July 23, 2024 Monday saw shares in Easyjet, Wizz Air, Jet2 and British Airways owner the IAG plunge dramatically after an unexpectedly poor set of results from Ryanair.
Shares in Ryanair rivals Easyjet, Wizz and Jet2 slump after Michael O’Leary’s warning July 22, 2024 "Fares are now moving materially lower than the prior year and pricing… continues to deteriorate," Ryanair's boss Michael O'Leary said in a presentation announcing its latest results.
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."
Stranded airline passengers told to ‘come on down’ to Dover port amid IT outage July 20, 2024 Chief executive of the Port of Dover Doug Bannister has encouraged displaced airport passengers to use their ferry services.
Delays at Heathrow, Stansted and Gatwick airports as global IT outage grounds over 4,000 flights July 19, 2024 A global IT outage has wreaked havoc on air travel and caused the cancellation of over 1,000 flights worldwide on Friday - with the number expected to climb as the day progresses.
Why airport expansions fuelled by booming travel demand could be a double-edged sword July 15, 2024 In a report, the ratings agency Moody's said rising passenger numbers would drive "significant investment" in expansion projects.
Passenger numbers take off at owner of Manchester, London Stansted and East Midlands airports July 11, 2024 The group which owns Manchester, London Stansted and East Midlands airports has seen passenger surge over the last year amid booming demand for travel.
London City Airport granted five-year ban for Just Stop Oil July 11, 2024 The injunction comes in response to Just Stop Oil's plans to cause disruption during one of the busiest summers in decades.
Edinburgh Airport: Profit soars as passenger numbers near pre-pandemic levels June 7, 2024 Edinburgh Airport has seen profit soar for the second year in a row after passenger numbers rose to within touching distance of their pre-pandemic record.
Which London airport did Emirates’ airlines boss compare to a ‘post-Second World War’ hub? June 4, 2024 The head of Emirates airlines has said Heathrow is "seriously lagging behind" rival hubs and compared it to a run down Second World War airport.