Wizz Air issues new €500m bond at minimal premium to repay Bank of England financing January 13, 2022 Wizz Air Holdings (Wizz Air) has issued a €500m bond at minimal premium to pay off Bank of England financing.
Air freight demand raises aviation outlook, research says January 13, 2022 The Covid-induced increase in air freight demand has raised the aviation industry’s outlook, according to research from global law firm Reed Smith. Over the last 20 months, the pandemic and the consequent travel restrictions reduced demand for passenger flights but increased it for air cargo, especially as a result of supply chain issues and peaks [...]
Heathrow Airport calls for Covid-19 testing to end after 600,000 people cancelled flights last month January 11, 2022 Heathrow Airport has urged the government to remove all testing for fully vaccinated passengers after a wave of cancellations last month.
Jet2 boss: Holiday demand back to pre-pandemic level as relaxed testing injects life into sector January 7, 2022 Jet2 chief has said holiday demand is back to pre-pandemic levels, as the industry enjoys relaxed testing rules.
Desperate travel sector demands all international Covid testing requirements are scrapped immediately January 5, 2022 All testing requirements for international travellers should be abolished immediately, the travel industry said this morning. Manchester Airports Group (MAG) and Airlines UK said research they commissioned into travel restrictions found domestic, not international, restrictions would be the only way to reduce the spread of Omicron. Pre-departure and day two PCR testing were reintroduced in [...]
Brits have to pay for entry to the EU from this year: Cash and pre-authorisation needed for post-Brexit trips to Europe January 5, 2022 Brits will have to start paying €7 per person and pre-register their details in order to enter the European Union from this year. Reports had surfaced in various European media in recent weeks that access to all Schengen EU countries would come at a cost from 2022, and when approached by Morning Wire this morning, [...]
Exclusive: Nearly 9m Brits face having to cancel or postpone US and European holidays December 30, 2021 Nearly nine million holidaymakers face potentially having to cancel or rearrange trips to the US or mainland Europe that they booked before the introduction of new travel restrictions, according to new research shared exclusively with Morning Wire this morning. Nearly one in five adults, around 8.9m Brits, has booked trips to mainland Europe or the [...]
South Africa demands compensation from UK for economic damage caused by Covid travel red list in response to Omicron variant December 27, 2021 South Africa is calling for compensation from the UK for the economic damage the country suffered after it was placed on Britain’s Covid travel red list in November. South Africa’s Department of International Relations is demanding compensation after the movement of people was severely restricted, saying Africa’s largest economy took a serious beating because of [...]
Christmas flight cancellations surge amid Omicron concerns December 27, 2021 This weekend around 7,500 flights were cancelled worldwide amid concerns over the spread of the Omicron variant. According to data tracking website FlightAware, just yesterday 3,273 flights were slashed, with half of cancellations affecting US routes. Today, around 1,925 cancellations were recorded – with Chinese and US routes among the worst hit. China Eastern was [...]
European airports passenger numbers slightly up in time for Christmas after plunging amid Omicron fears December 23, 2021 Passenger traffic through European airports increased nine per cent last week, as people make journeys to meet loved ones for the festive season, amid a “substantive” drop in traffic since Omicron was first detected. The number of passengers passing through Europe’s airports has fallen by around a fifth in the three weeks after the Omicron [...]