Wizz Air shares nosedive as engine troubles hammer profits August 1, 2024 Operating profit fell from €79.9m to €44.6m, well below analyst expectations of €171m, in a poor set of results for the airline.
Wizz Air: We are not the worst airline in the UK (after being voted the worst, again) July 31, 2024 The Hungarian budget carrier has repeatedly come out bottom of the pile of a number of Which? surveys assessing the UK airline industry.
Airbus earnings plunge as space unit hit by £833m charge July 30, 2024 The French manufacturer said its embattled space unit had received "significant" charges of €989m, higher than previously forecast last month.
Wizz Air to report bump in profits and rising ticket fares despite budget airline jitters July 28, 2024 Analysts have forecast an operating profit of €171m (£144m) for the Hungarian budget carrier, up from last year's €79.9m.
Heathrow can’t meet demand without third runway, says boss July 24, 2024 Thomas Woldbye's comments come after Heathrow reported record passenger numbers over the first half of the year.
Easyjet ‘on track’ for another record summer as profit rises on strong travel demand July 24, 2024 Chief executive Johan Lundgren said the strong performance had been driven by booming demand for the Easyjet's network of routes.
The Notebook: Falling fares spell trouble for airlines while Big Tech set for monster quarter July 24, 2024 Where the City’s movers and shakers get a few things off their chest. Today, it’s Victoria Scholar, head of investment at Interactive Investor, with the pen, talking airline stocks, Big Tech earnings season and her summer listening picks Turbulence at Ryanair, BA and Easyjet Airline stocks are having a turbulent time. Just on Monday, shares [...]
Is the post Covid boom over? A reality check for Ryanair, Easyjet, Wizz Air and Jet2 July 23, 2024 Monday saw shares in Easyjet, Wizz Air, Jet2 and British Airways owner the IAG plunge dramatically after an unexpectedly poor set of results from Ryanair.
Heathrow, Gatwick and Stansted: How much are UK airports raking in from drop off charges? July 15, 2024 Analysis from the RAC shows seven of the top 20 UK hubs by passenger numbers have hiked prices for drop-off parking since last summer.
Why airport expansions fuelled by booming travel demand could be a double-edged sword July 15, 2024 In a report, the ratings agency Moody's said rising passenger numbers would drive "significant investment" in expansion projects.