Surging oil prices slow down aviation’s recovery March 7, 2022 The post-pandemic recovery of some airlines could be badly affected by the ongoing increase in oil prices. Prices today hit $130 per barrel, the highest level since 2008, amid fears of tightening supplies as both the US and Europe weigh in on a Russian oil ban after the Kremlin waged war in Ukraine. According to [...]
Jet2 becomes first UK carrier to drop mandatory mask policy March 3, 2022 Passengers are no longer obliged to wear a face mask aboard Jet2 flights, as Jet2 was the first UK carrier to drop the requirement. “It’s no longer a legal requirement to wear a face mask at our airports or onboard our planes,” the airline said in a statement. “However, as per UK government guidance, we [...]
“We will be the first back to Ukraine”, says Ryanair boss March 2, 2022 Ryanair will be the first airline to resume flying to Ukraine once it’s safe to do so, said chief executive Michael O’Leary. The company, who was forced on Thursday to halt all operations following the Kremlin’s invasion, expects sanctions will remain for the foreseeable future. “We halted all Ukrainian roots until March,” O’Leary said this [...]
EU airlines’ shares tumble following airspace closure February 28, 2022 The shares of major European airlines have taken a tumble following the EU’s decision to close its airspace to Russia. Legacy carriers have registered a slump, with British Airways’ owner IAG going down 4.19 per cent, while German carrier Lufthansa registered a 4.76 per cent fall. Share of aviation colossus Air France-KLM went down 2.30 [...]
Ryanair and Wizz Air shares dip as airlines halt all Ukraine operations February 24, 2022 Shares of Wizz Air and Ryanair have dipped 11.25 and 2.86 per cent respectively after the low-cost airlines halted all Ukraine operations as a result of Moscow’s offensive and the closure of the country’s airspace. “All Ryanair flights to/from Ukraine have been suspended for at least the next 14 day […] and all flights to/fromUkraine [...]
MULLINS HOPING TO ASSEMBLE ANOTHER ELITE FESTIVAL SQUAD February 23, 2022 WITH 78 Cheltenham Festival winners on his CV already, you would have thought trainer Willie Mullins would be relishing a return to Prestbury Park next month. However, the reality is somewhat different. “If I’m honest the week or two leading up to Cheltenham can be tough and leaves you with a feeling of dread in [...]
More than 14,000 ghost flights departed from UK airports during Covid February 23, 2022 New figures have revealed that more than 14,000 ghost flights have departed from UK airports throughout the whole Covid pandemic. With 4,910 flights, Heathrow was crowned the airport with most ghost flights, while Manchester and Gatwick came in second and third place, with 1,548 and 1,044 flights respectively. The figures, which include cargo flights and [...]
Wizz Air shares dip as airline continues to operate in Ukraine February 22, 2022 Shares of low-cost airline Wizz Air have dipped today, going down 1.43 per cent to close at 3,988p, as the company announced it will continue to operate in Ukraine despite the imminent threat of a Russian invasion. “Wizz Air is committed to continuing to fly to Ukraine and the country remains an important part of [...]
Air France becomes latest airline to scrap Ukraine flights February 21, 2022 Air France has decided to cancel tomorrow’s flights between Paris and Kiev “as a precautionary measure” following the increasing tensions between Ukraine and Russia. “In view of the local situation and as a precautionary measure, flights AF1752 and AF1753 to and from Kiev (KBP) on Tuesday 22 February 2022 are cancelled,” the carrier told Reuters. [...]
Lufthansa suspends all fights to Ukraine amid invasion fears February 20, 2022 Lufthansa has announced it will be suspending all flights to the Ukraine capital Kyiv from tomorrow as fears of a Russian invasion grow. The German airline said it will also stop flights to Odessa, a key port city on the Black Sea. The response contrasts to the Irish budget airline Ryanair and the Hungarian Wizz [...]