The Competition and Markets Authority issues “final order” demanding Ryanair sell its Aer Lingus holding to British Airways parent IAG June 11, 2015 The Competition and Markets Authority has issued a final order that Ryanair sell down its stake in Aer Lingus, reducing its holding from 29.8 per cent to five per cent – but Ryanair has hit back at what it calls a "ridiculous" ruling. It follows a decision by the Irish government last month to [...]
Carry-on luggage on airlines including Lufthansa and Emirates is about to get even smaller June 10, 2015 It's one of life's certainties, on top of death and taxes: arrive 10 minutes late to the queue for your gate on a budget airline, and you'll inevitably be forced to stow your carry-on in the hold, thus adding roughly an hour to your journey. Now the International Air Transport Association (IATA) has come up [...]
Fifa imploded and Morrisons bumbled through: Here’s what got us talking this week June 5, 2015 Fifa imploded. Greek talks went on (and on) and on. And somewhere in the Surrey hills, even more oil was found. Here's what got us talking this week 1. Working nine to five… but not if you're at the top If your office starts to look a bit thin on the ground [...]
Student Adam Armstrong changed his name rather than pay £220 Ryanair fees after booking error June 5, 2015 Something must be rotten in the state of Ryanair when it turns out to be cheaper to change your name and buy a new passport than get the airline to correct a mistake on a ticket. But that is precisely what happened to Adam West – nee Armstrong. He was facing a charge of [...]
Ryanair sees the benefit of customer-friendly approach June 2, 2015 This week, I have considered the case of budget airline Ryanair. How is it that this once much- maligned brand has managed to post a leap in profits of 66 per cent to £623m, accompanied by a rise in share price of 5.4 per cent? The answer, one suspects, is in a concerted change [...]
Irish parliament clears IAG for take-off in buyout of Aer Lingus May 28, 2015 THE Irish parliament yesterday gave British Airways owner International Consolidated Airlines’ (IAG) bid for Aer Lingus the final go-ahead. Irish MPs voted by a majority of 23 according to local media reports, ending two days of tense negotiations. The vote comes after the Irish government agreed to sell its 25 per cent in Aer Lingus [...]
Irish MPs give Aer Lingus sale to International Consolidated Airlines final go-ahead May 28, 2015 The Irish parliament today gave British Airways owner International Consolidated Airlines' (IAG) bid for Aer Lingus the final go-ahead. Irish MPs voted by a majority of 23 according to local media reports, ending two days of tense negotiations. The vote comes after the Irish government agreed to sell its 25 per cent in Aer Lingus to IAG [...]
British Airways owner rises as it bids for Ryanair’s Aer Lingus stake May 27, 2015 SHARES in International Airlines Group (IAG) climbed steeply yesterday, with investors welcoming the prospect of its bid for Aer Lingus. Shares in the British Airways owner ended up 3.21 per cent, at a value of 562p a share. The Irish airline’s shares also took off, closing up 2.63 per cent at €2.56 (£1.70). The rises [...]
Aer Lingus is cleared for BA boss’ takeover as Ireland agrees to sell May 26, 2015 The Irish government last night agreed to sell its 25 per cent in Aer Lingus to British Airways owner International Consolidated Airlines (IAG) after many setbacks. The Irish airline’s board recommended IAG’s proposed €1.36bn (£961bn) offer in February, but it still needs support from the other main shareholder, Ryanair, which has previously voiced its support [...]
Ryanair’s brand overhaul begins to boost sales May 26, 2015 RYANAIR yesterday announced that its profit for the fiscal year 2015 had soared by 66 per cent from the year before, and said it took more from ticket sales than the year before too. The Irish budget airline, which is celebrating its 30th birthday this year, announced it made €867m (£615m) in profit for the [...]