Socialists won’t stop my bumper bonus, says Wizz Air boss October 3, 2024 Varadi is blunt at times and tough to decipher, but his backstory is undeniably impressive. The 59-year-old speaks to City AM in Rome.
World’s largest insurers head to court for high-stakes clash October 2, 2024 A multi-billion pound trial over stranded aircraft in Russia kicked off this morning in a jam-packed courtroom
‘False alarm’: The post-pandemic global travel boom is showing no signs of slowing September 25, 2024 Global travel has peaked nearly five years after the pandemic decimated the industry. How long will the boom last?
Short sellers circle Wizz Air amid share price struggles September 23, 2024 The latest data from S & P shows shares out on loan represent 13 per cent of Wizz Air's stock available for trading.
Latvian airline Airbaltic considers secondary listing in London September 16, 2024 Chief executive Martin Grauss told City A.M. the UK capital was one of its top destinations for a secondary listing alongside a primary listing in the Latvian flag carrier's home country on the Nasdaq Riga exchange.
Heathrow: New £10 transit charge will make the UK ‘less competitive’ September 12, 2024 The government announced on Tuesday the Electronic Travel Authorisation (ETA) would be rolled-out to all nationalities visiting the UK next year.
Heathrow: Passenger numbers soar as boss hails ‘busiest summer’ September 11, 2024 Heathrow Airport has reported a fourth consecutive month of record-breaking passenger traffic in what has proved one of the UK’s busiest ever summers for travel demand. Some 8m travellers passed through in August, up 5.5 per cent year-on-year and bringing the West London hub’s rolling 12 month total to 82.6m. Heathrow said it was “on [...]
Jet2 welcomes ‘booking momentum’ as it doubles down on package holidays September 5, 2024 Budget airline and leisure group Jet2 has welcomed a late bout of” booking momentum” in July and August, and doubled down on its strategy to ramp up its package holiday offering. The Aim-listed carrier, which in July hiked its dividend after reporting record passenger numbers, said it had maintained its momentum throughout late summer in [...]
Easyjet partners with US firm developing futuristic ‘blended-wing’ plane September 4, 2024 Easyjet has announced a tie-up with a US-based firm to develop revolutionary “blended-wing” technology it claims will cut fuel burn by 50 per cent. The budget airline is the first European airline to partner with Jetzero, which has already attracted support for its project from Alaska Airlines, NASA and the US Air Force, ahead of [...]
Ryanair and Wizz Air smash passenger records as summer travel demand booms September 3, 2024 Low-cost rivals Ryanair and Wizz Air reported record passenger numbers in August as travel demand booms in the peak summer period.