TAP Air Portugal Focused on 'Tactical,' Profitable Growth With Sale Pending
TAP Air Portugal is hitting its profitability marks, with management laser focused on making the state-owned airline an attractive takeover target.
Articles tagged “Europe”
The U.S. Air Travel Recovery Flatlines
If one thing's clear from the airlines that have reported third-quarter results it's that the U.S. domestic travel recovery has plateaued. That's not necessarily bad, passenger numbers are above 2019…
Air France-KLM's SAS Takeover: Do Copenhagen, Oslo, and Stockholm Hubs Stay?
Air France-KLM's pending $145 million deal for a minority stake in Scandinavia's SAS is the latest move among Europe's consolidating airlines. But there are more questions than answers as the…
Fast-Growing Istanbul Airport Wants More Budget Airline Competition
IGA Istanbul Airport is one of the big air travel pandemic recovery success stories. The airport has skyrocketed up global rankings to seventh busiest last year but executives acknowledge that,…
EasyJet Raises Profit Outlook After 'Record' Summer, Orders More Airbus Planes
EasyJet expects operating profits nearly double analyst forecasts during the year that ended in September, after a banner summer travel season in Europe. That, in part, gave the European discounter…
British Airways Latest to Suspend Israel Flights as Industry Braces for Extended Conflict
Passengers on British Airways flight BA165 got an extra four-plus hours in their seats Wednesday after the airline suspended service to Tel Aviv when the plane was inbound from London.…
Finnair Prepared for Russian Airspace to Stay Closed for More Than a Decade
Finnair is gearing up for a lengthy closure of Russian airspace to western airline flights, a fact that has forced it to pivot and embrace new commercial strategies for survival.
Air France-KLM Moves on SAS
SAS is making some big changes. As part of its bankruptcy restructuring, Air France-KLM, along with other investors, will take a minority stake in the Scandinavian airline prompting a new…
Greece's Aegean Airlines Targets Year-Round Visitors with Winter Expansion
Greece’s Aegean Airlines, coming off a strong summer season, unveiled its winter flight schedule this week. It features 18 new routes versus what it offered last winter, spread across 14…
China Air Travel Recovery Drives Global Demand to Near Pre-Pandemic Levels
The return of China's domestic travelers helped drive the global air travel recovery a tick closer to pre-pandemic levels, new data from trade group IATA shows.