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British Airways doing all to prevent another Heathrow disaster

British Airways doing all to prevent another Heathrow disaster

by Richard Schuurman | May 6, 2022 | Airlines | 1 comment

British Airways is doing everything it can to prevent a repetition of the travel chaos it experienced in Q1 at London Heathrow and from IT issues. It is beefing up its organizational structure, hiring new staff, and rebuilding IT, but the carrier is frustrated by...
Is Europe ready for some airline consolidation yet?

Is Europe ready for some airline consolidation yet?

by Richard Schuurman | Apr 5, 2022 | Airlines | 0 comments

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Loan buys IAG time to get Air Europa deal done

Loan buys IAG time to get Air Europa deal done

by Richard Schuurman | Mar 18, 2022 | Airlines | 1 comment

International Airlines Group (IAG) is not giving up on its plans to acquire Spanish carrier Air Europa. IAG and the airline’s owner Globalia have reached an agreement for a seven-year, unsecured loan of €100 million. It also provides exclusivity to IAG for one year to...
IAG set for strong recovery from second quarter

IAG set for strong recovery from second quarter

by Richard Schuurman | Feb 25, 2022 | Airlines | 0 comments

International Airlines Group (IAG) is expecting to return to profitability in the second quarter and produce operating results and operating cash flows that will be “significantly positive” for the rest of 2022. That will come after a loss-making first quarter and...
Lufthansa bid on ITA Airways could start more consolidation

Lufthansa bid on ITA Airways could start more consolidation

by Richard Schuurman | Jan 25, 2022 | Airlines | 0 comments

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