Articles tagged “Europe”

Air France-KLM will take a minority stake in bankrupt Scandinavian airline SAS as part of a $1.18 billion U.S. Chapter 11 restructuring deal unveiled Tuesday. The deal is the latest…

KLM CEO Marjan Rintel offered a firm rebuke of a proposal in the Netherlands' legislature to tax transfer passengers at the airline's hub, Amsterdam's Schiphol airport.

TUI is bullish winter travel demand with bookings exhibiting “positive momentum," the European travel conglomerate said Thursday. The outlook comes after summer bookings came in well ahead of last summer's…

TAP Air Portugal is seemingly the apple of every European airline group's eye these days. That's because the state-owned airline in the southwestern corner of Europe is about to come…

Slower bookings and "heightened" discounting are hurting Frontier Airlines and Spirit Airlines this quarter. That means potentially deep losses for the ultra low-cost carriers. Edward Russell and Jay Shabat discuss…

The quality issues affecting Pratt & Whitney geared turbofan engines on Airbus A320neo-family aircraft will ground 600 to 650 aircraft globally next year, the latest setback to the airline industry's…

Travelers riding the mobile lounge between the main terminal and one of Washington Dulles airport's concourses this summer got a who's who of global airlines. A growing number of them…

Fuel prices keep steadily rising after bottoming out in May. That's beginning to take a bite out the airline financial outlook for the third and fourth quarters. Edward Russell and…

Greece’s Aegean Airlines, riding a wave of inbound tourism, reported an 18% operating margin for the April-to-June quarter. That was just a point less than what Europe's profit champion Ryanair…

A big focus of the Lufthansa Group during the pandemic was streamlining its operations. It closed two subsidiaries but, to the bane of some industry analysts, launched a new one…