Athens International Airport awarded the fastest growing airlines for the year 2023

–2.3 Airline Marketing Workshop of the Athens International Airport “Let’s make the right move” Focusing on the art of strategy with the Athens International Airport, the global airport industry, as well as the wider aviation sector “chessboard” looking ahead, the airport’s Airline Marketing Workshop was staged again this year, in the presence of more than […]

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eu

Consumer protection: Airlines commit to timely reimbursement after flight cancellations

Following dialogues with the Commission and national consumer protection authorities, 16 major airlines have committed to better information and timely reimbursement of passengers in case of flight cancellations. The Commission had alerted the Consumer Protection Cooperation (CPC) enforcement authorities in December 2020 to address several airlines’ cancellation and reimbursement practices in the context of the COVID-19 pandemic. […]

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AEGEAN

EC: Airlines agree to issue Covid cancellation refunds

Following dialogues with the Commission and national consumer protection authorities, 16 major airlines have committed to better information and timely reimbursement of passengers in case of flight cancellations. The Commission had alerted the Consumer Protection Cooperation (CPC) enforcement authorities in December 2020 to address several airlines’ cancellation and reimbursement practices in the context of the COVID-19 pandemic. […]

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norwegian

Norwegian Cruise Line Unveils Much-Anticipated Norwegian Prima

Norwegian Cruise Line, the innovator in global cruise travel with a 54-year history of breaking boundaries, today opened for sale the first of six ships within its highly anticipated next class of vessels, Prima Class, the Brand’s first new class of ships in nearly 10 years. With voyages beginning in summer 2022, Norwegian Prima, the […]

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ryanair

Ryanair reports Q3 loss of €306 m as traffic falls 78%

Ryanair Holdings plc today (1 Feb.) reported a Q3 loss of €306m, compared to a PY Q3 profit of €88m. Features of this 3-month period to 31 Dec. included: • Q3 traffic fell from 36m to 8m (-78%). • €3.5bn cash at quarter end (31 Dec.). • Cost reduction & liquidity management continues at all […]

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norwegian

Norwegian initiates a reorganisation plan seeking protection

Following the government of Norway’s decision to withhold further support from the airline, and the ongoing COVID-19 pandemic, Norwegian Air has decided to initiate an examinership process in Ireland relating to its subsidiary Norwegian Air International Limited (NAI), its wholly-owned asset company Arctic Aviation Assets DAC (AAA) and some of AAA’s subsidiaries; Norwegian will also […]

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norwegian

Norwegian August 2020 traffic figures heavily influenced by travel restrictions and drop in demand

Norwegian’s traffic figures for August are heavily influenced by the COVID-19 outbreak and the subsequent travel restrictions and drop in demand. In August, capacity was 94% lower than last year, while the flights that were operated had a load factor of 62.1%. From July 1 Norwegian reopened 76 routes and put an additional 15 aircraft […]

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Norwegian

Norwegian to Restart Short Haul Flights from the UK and Serve a Wider European Network from July

Norwegian announce that in line with other European carriers and as a result of increased customer demand the airline will begin to operate flights between London Gatwick to Oslo, London Gatwick to Copenhagen, Edinburgh to Oslo and Edinburgh to Copenhagen from July 1st. London to Oslo will be operated seven times a week, London to […]

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Ryanair

Ryanair full year profits up 13% to 1 billion euros due to stronger revenue and 4% traffic growth pre-COVID

Ryanair Holdings plc today (18 May) reported a full year profit of €1,002m (excl. hedge ineffectiveness), compared to €885m last year. Highlights include: • Traffic grew 4% to 149m guests. • Revenue per guest rose 6% to €57 (2% higher fares & ancillary rev. up 16%). • Over 90% of flights arrived on-time (excl. ATC […]

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Norwegian

Norwegian’s pilot and cabin crew companies in Sweden and Denmark file for bankruptcy

Norwegian has recently announced that 4 of its subsidiaries have already filed for bankruptcy due to the financial impact of COVID-19. Due to the ongoing spread of the Coronavirus (COVID-19) most countries have advised against or have banned non-essential travel. The closure of borders and quarantine restrictions has effectively brought the entire airline industry to […]

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