AEGEAN: Strong growth momentum and profitability in 2023 | 30 new destinations, €246.8 million EBIT

€1.69 billion Working Cycle boosted by 27% by 2022. €400.4m EBITDA, 46% higher than 2022. €246.8 million EBIT profit with 14.6% operating margin. €168.7 million Profit after tax, 58% higher than 2022. AEGEAN closed 2023 with strong growth and profitability momentum for AEGEAN, which recently announced its financial and operating results for the year 2023. […]

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Lufthansa

New strike at Lufthansa | 1,000 flights and 120,000 passengers in the air

A new round of strike action at Lufthansa is expected to lead to the cancellation of a total of 1,000 flights today (Tuesday, 12 March) and tomorrow (Wednesday, 13 March) at Frankfurt and Munich airports, the German carrier has announced. Amid strike action over airline cabin crew wage negotiations, starting this morning, 600 flights are […]

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ryanair

Ryanair doubles SAF deal with Austrian supplier

–Ryanair increases the use of sustainable aviation fuels in Europe. It doubles its supply agreement with Austrian OMV. Six months ago Ryanair concluded an agreement to supply 500 tonnes of sustainable aviation fuel. It has just announced that it will receive another 500 tonnes of SAF from OMV in 2024. The deal will save an […]

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Ryanair renews its partnership with Vistair for 5 years

Ryanair has renewed its partnership with Vistair, a leading provider of advanced business content management and security systems for the aviation industry, for a further five years. As part of this renewed agreement, Ryanair will continue to use Vistair’s industry-leading document management system, DocuNet, to streamline the production, distribution and maintenance of operations manuals as […]

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The new flights of Jet2 will be operated with sustainable fuel

Jet2 will add 1% of sustainable aviation fuel (SAF) to some flights leaving from Bristol Airport this year. The airline has bought more than 300 tonnes of SAF, which has 70% fewer emissions than conventional aviation fuel. Jet2 said using a SAF blend this year means it can prepare its operation ahead of the UK […]

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International passenger traffic shows strong growth since January 2024| At +12.4% in Greece

The different passenger yields are related to conditions that affect them either positively or negatively, although domestic demand retreating and smaller regional airports underperforming. European airport trade body ACI EUROPE released its air traffic report for January 2024. Passenger traffic across the European airport network increased by +7% in January compared to the same month […]

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ryanair

Ryanair and Kyte: Distribution alliance to expand network to corporate travel

The announcement of Ryanair of its partnership with KYTE is to facilitate ΚYTE’s corporate travel partners, who will travel at the airline’s lowest possible fares. Ryanair, Europe’s No. 1 airline announced a new partnership agreement with corporate travel distributor, Kyte, which will enable Kyte’s network of corporate travel partners to access Ryanair’s industry leading low […]

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Boeing

Boeing under the US government microscope

The focus of US regulators remains on Boeing, according to US Transportation Secretary Pete Buttigieg, as the aircraft manufacturer works to resolve the quality issues it faces. The US Federal Aviation Administration (FAA) has announced that it is halting an increase in Boeing 737 MAX production, as a six-week audit of Boeing and supplier Spirit […]

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Ryanair

EDREAMS as the No1 ”pirates” with overpricing up to 135% | What are Ryanair’s real prices

Ryanair released its March OTA Pirate survey, which exposed eDreams as the No.1 OTA Pirate, overcharging customers by a rapacious 135% (€23.50) for a reserved seat that costs just €10 on Ryanair.com This is the second time that eDreams has been named OTA Pirate of the Month, having previously been shamed by Ryanair’s Jan survey […]

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