Airline should continue its expansion January 4, 2011 EASYJET’S decision to convert options on 15 aircraft is good news for the company. Passenger numbers are still growing, up 8.2 per cent in November, while budget airlines are stealing market share from full-service carriers, helped by a cabin crew dispute at British Airways. But the 15 orders represent less than a fifth (17 per [...]
Four of the best resorts for a wild and wicked break January 3, 2011 BEST FOR CRAZY PEOPLE REVELSTOKE, CANADA WANT to go somewhere genuinely new and yet nonetheless outrageously awesome? Try Revelstoke. Deep in the Canadian Selkirks, this remarkable resort only opened in Winter 2007. It is still, partially, a work in progress, but when it’s complete, it will be North America’s largest ski area, with a colossal [...]
Morocco is attracting the luxury investor November 25, 2010 IT’s hot, it’s exotic and beautiful. No wonder Morocco, long on the traveller’s radar, is rapidly becoming the place that the beautiful people are going to buy their second homes. Says Alistair Emery, CEO of developer Ajensa, which is nearing completion of the Baglioni resort near Marrakech: “In the last few years as people have [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 25, 2010 FINANCIAL TIMES AIRLINE FINANCING RIFT DEEPENS Ryanair and Emirates have taken the unusual step of joining forces with eight other airlines as a multibillion-dollar row over aircraft financing starts to split the world’s largest airlines into two rival camps. The Irish budget airline and Dubai’s Emirates normally shun industry alliances. But yesterday they revealed they [...]
What A Friend Sir Alex has in tomorrow’s Betfair Chase November 18, 2010 IT was nice to finally be back amongst the winners last week and I hope you managed to snap up some of the 15/2 available about Menorah early on Sunday morning. Long Run was a little disappointing in the Paddy Power Gold Cup, but all those who followed our each-way tip on Poquelin were in [...]
Easyjet November 14, 2010 WHEN Carolyn McCall, easyJet’s new chief executive, delivers her first strategy update tomorrow, she will do so in fortunately auspicious circumstances. Annual profits are expected to be almost three times higher than last year at £154.5m. But McCall, a newcomer to the airline industry, won’t have long to bask in the glory: there is a [...]
PRICES NEED SCIENCE NOT GUESSWORK November 4, 2010 SERIAL ENTREPRENEUR AND AUTHOR PRICE is well known to be the single most powerful determinant of profit, so why continue to use guesswork more than science? What is the right price for your product and service? Do you really have an educated idea? Have you gone to the trouble of testing and checking different prices, [...]
Private sector recovery still on track November 1, 2010 WHAT a day for the global economy. In Britain, China and America, manufacturing surveys surged ahead, in every case beating consensus estimates and suggesting strong private sector growth over the next few months. Yesterday’s jump in the global purchasing managers indices were undoubtedly the most bullish indicator I have seen in a long time. The [...]
Ryanair profit rises despite volcano losses November 1, 2010 Ryanair, the low cost airline, yesterday announced profits of €452m (£392m) for the half year to 30 September, an increase of 17 per cent on the same period in 2009. The profits came on the back of a 23 per cent increase in revenues to €2.2bn. The airline increased its prediction for full-year net earnings, [...]
CITY VIEWS: DO YOU AGREE WITH RYANAIR’S CALL FOR FEWER SECURITY CHECKS AT AIRPORTS? November 1, 2010 ASRAR HUSSAIN | FDM GROUP “The more checks, the better. I would happily stand in a queue for hours if it means I get to the other end safely. Though the checks need to be the same in every country if they are going to make a difference.” JOE KAEMPER | DAIWA CAPITAL “It’s a [...]