Jet2 welcomes ‘booking momentum’ as it doubles down on package holidays Transport and infrastructure Budget airline and leisure group Jet2 has welcomed a late bout of” booking momentum” in July and August, and doubled down on its strategy to ramp up its package holiday offering. The Aim-listed carrier, which in July hiked its dividend after reporting record passenger numbers, said it had maintained its momentum throughout late summer in [...]
The Notebook: Falling fares spell trouble for airlines while Big Tech set for monster quarter victoria scholar 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 [...]
Travel boom helps aviation tech pioneer SITA take-off Aviation Founded in 1949, SITA provides the global air transport industry with IT and technology solutions to speed up travel.
Porvair profit falls as molten metal arm sags July 1, 2024 London-listed Porvair missed expectations in the firm's annual results, with adjusted profit before tax falling three per cent.
Global aviation is shifting East and Europe must adapt July 1, 2024 The likes of Heathrow and Amsterdam's Schipol airport have been at the top-level for decades. But demand is shifting to the Far East.
Airbus shares plummet after planemaker fails to capitalise on Boeing woes June 25, 2024 Airbus shares rose as the crisis at Boeing kicked off in January. But now it looks like the hype may have been overblown.
Wizz Air carried 5.1m passengers in May despite engine issues dragging on capacity June 4, 2024 Wizz Air carried 5.1m passengers in May ahead of a busy summer but capacity is still being impacted by issues with its Pratt and Whitney engines.
Everyone would benefit from my £100m bonus, says Wizz Air boss May 30, 2024 Wizz Air's chief executive sits down with City A.M. to discuss the airlines performance, headwinds and that £100m bonus scheme.
‘It’s a bit of a rollercoaster’: Wizz Air boss says engine problems will last for another two years May 23, 2024 Capacity issues at Wizz Air caused by faults in its Pratt & Whitney-built engines will continue for at least two years, according to the airlines chief executive.
Wizz Air loses ground on Ryanair as Pratt & Whitney engine issues weigh on passenger numbers May 2, 2024 Wizz Air's passenger numbers fell in April due to ongoing problems with its Pratt & Whitney-manufactured GTF engines.