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LexInternational Airlines Group
How a British Airways comeback may offer hope for legacy airlines Premium content
...It has been a while since British Airways boasted it was the “world’s favourite airline”....
February 29, 2024
International Airlines Group
British Airways owner IAG posts record profits on travel boom
...British Airways owner International Airlines Group has reported record annual profits as it cashed in on “sustained” demand for leisure travel at high prices, including from holidaymakers filling business...
February 29, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Airlines
European airlines cut back Asia routes as Gulf carriers offer cheaper flights
...Some European airlines are opening a small number of new routes to Asia, including British Airways, which will restart flights to Bangkok and Kuala Lumpur this winter....
April 2, 2024
Turkish economy
Turkish airlines and airports reap rewards from bet on pandemic recovery
...The region’s big national airline groups, British Airways owner IAG, Air France-KLM and Lufthansa, are still flying smaller schedules than in 2019, after cautiously rebuilding their businesses from the pandemic...
April 21, 2024
Airlines
Dubai airport struggles for third day amid travel chaos after storm
...Airways....
April 18, 2024
Airlines
US airlines under fire for raising baggage fees again
...Five US carriers have raised bag fees by $5 in the past two months, starting with Alaska Airlines and JetBlue Airways in January and February, then American Airlines, United Airlines and Delta in a two-week...
March 10, 2024
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
Ethiopian Airlines
Ethiopian Airlines boss calls for African aviation deregulation to lower costs for travellers
...The carrier has partnerships with ASKY in Togo, Malawi Airlines and Zambia Airways and is due to launch a joint venture with the Democratic Republic of Congo....
February 26, 2024
InterviewAirlines
South African Airways seeks new investor and listing after aborted deal, chief says
...South African Airways chief executive John Lamola said in an interview that a global “strategic or equity partner” would ideally be followed by a listing on the Johannesburg Stock Exchange....
March 20, 2024
Deutsche Lufthansa AG
Lufthansa’s bid for ITA Airways stake faces EU scrutiny
...Brussels has opened an in-depth probe into Lufthansa’s purchase of a minority stake of Italy’s ITA Airways on competition concerns, in the latest example of airline consolidation facing post-pandemic regulatory...
January 23, 2024
News updates from February 29: US PCE inflation falls to 2.4%, Putin warns of wider conflict over Ukraine
British Airways owner IAG reports €3.5bn profit
...The owner of British Airways reported annual profits of €3.5bn in 2023 as it became the latest major airline group to cash in on sustained demand for travel and high ticket prices....
February 29, 2024
Virgin Atlantic Airways Ltd
Virgin Atlantic to return to profit this year amid Caribbean holiday boom
...International Airlines Group, the owner of Virgin’s rival British Airways, reported record annual earnings last year, as operating profits more than doubled to €3.3bn....
April 3, 2024
News updates from March 4: US Supreme Court rules Trump can remain on Colorado ballot; aviation regulator finds compliance issues at Boeing
JetBlue terminates $3.8bn deal to buy rival Spirit Airlines
...JetBlue Airways has terminated a proposed takeover of budget carrier Spirit Airlines, after a federal judge blocked the $3.8bn deal in January....
March 4, 2024
Airlines
European airlines strive to avoid another summer of chaos
...British Airways is under particular pressure to improve its operational performance, after only 60 per cent of its flights at London’s Heathrow airport were on time last year....
April 8, 2024
British Airways PLC
British Airways turns to AI to improve flight operations
...British Airways is turning to greater use of artificial intelligence to improve its flight operations that have suffered a series of meltdowns in recent years....
December 14, 2023
News updates from January 23: Turkey votes for Sweden’s Nato bid, Netflix adds 13mn new subscribers
Brussels to investigate Lufthansa’s purchase of stake in ITA Airways
...Brussels has opened an in-depth probe into Lufthansa’s purchase of a minority stake in ITA Airways on competition concerns, the latest example of consolidation in the airline sector facing post-pandemic...
January 23, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Cathay Pacific Airways Ltd
Cathay reports highest annual profit since 2010 on strong flights demand
...Global airline groups, including British Airways owner IAG, have also reported strong profits in the past few weeks, as airfares remain higher than pre-pandemic levels....
March 13, 2024
Letter
Letter: Why the airline business is unsuited to theory of the firm
...Matthew G Andersson Founder and Former CEO, Indigo Airlines Former President, Indigo AerospaceChicago, IL, US...
January 24, 2024
News updates from January 17: US retail sales beat expectations in December, Lagarde says ECB likely to cut rates this summer
Judge blocks JetBlue’s proposed $3.8bn takeover of Spirit Airlines
...JetBlue Airways’ proposed $3.8bn acquisition of Spirit Airlines has been blocked by a US federal judge on grounds it would violate antitrust laws....
January 16, 2024
Airlines
JetBlue’s $3.8bn bid for rival airline Spirit blocked by US judge
...A US federal judge has blocked JetBlue Airways’ proposed $3.8bn acquisition of Spirit Airlines, in a victory for the Biden administration’s top antitrust enforcer at the Department of Justice....
January 16, 2024
Budget 2024: As it happened
Airline heads accuse government of breaking promises over passenger duty
...“The prime minister has broken the pledge he made . . . not to raise taxes on flying,” said Willie Walsh, former British Airways chief executive and head of global airline lobby group Iata....
March 6, 2024
International Airlines Group
IAG and Air France-KLM report record profits over summer
...British Airways owner IAG and Air France-KLM became the latest airline groups to benefit from booming demand for leisure travel, as they reported record profits over the summer.IAG on Friday reported a 43...
October 27, 2023
News updates from October 23: China stocks hit lowest level since 2019, Chevron to buy Hess for $53bn
Al Baker to leave Qatar Airways after 25 years
...Akbar Al Baker, the influential chief executive of Qatar Airways, has announced he will leave the airline next month....
October 23, 2023
Airlines
UK watchdog bans adverts by 3 airlines over ‘misleading’ green claims
...The UK advertising watchdog has banned adverts by three airlines as part of a crackdown on companies overstating their environmental credentials....
December 6, 2023
Day five of Israel conflict as it happened: US discussing ‘safe passage’ for Gaza’s civilians
British Airways suspends flights to Israel
...British Airways has become the latest airline to suspend flights to Israel after one of its aircraft turned back to London on Wednesday because of security concerns as it came in to land at Tel Aviv....
October 11, 2023
Brookfield Asset Management Inc
Brookfield in talks to buy majority stake in $22bn airline lender
...The firm says it owns, finances or leases more than 200 aircraft, and counts Delta, Avianca and Qatar Airways as lessees....
April 11, 2024

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