It takes some stamina to digest the 1.246 pages of the draft agreement between the United Kingdom and the European Union, also known as the Brexit deal. Hailed by both UK Prime Minister Boris Johnson and European Commission chairman Ursula…
International Airlines Group (IAG) is to stick to its downsizing policy and will continue to restructure its portfolio of airlines as it looks to emerge from the Covid crisis. This will be a painful process with many job losses, but…
International Airlines Group (IAG) has reported ‘good results’ for 2019 despite disruptions and higher fuel costs. Still, they were worse compared to 2018. IAG recorded an operating profit before exceptional items of EUR 3.285 billion, down -200 million from the…
Ryanair regained its leading position as Europe’s biggest airline in passenger numbers: the Irish low-cost flew 152.4 million pax in 2019, including LaudaMotion. This makes her bigger than Lufthansa again, who secured pole position in 2018. Now that most airline…
For a moment last week, it seemed we were back in the good old days of young rebel Richard Branson taking on the established Lord King, as Virgin Atlantic tried to end the monopoly of British Airways. Times have changed,…
Qatar Airways on September 18 reported a net operating loss of QAR 1.850 billion for its fiscal year 2018-2019, down from -26 million the previous year. The loss attributable to its shareholder is even higher: QAR 2.330 billion, compared to…