Stories tagged “Airline Industry.”
11 stories
The UK government has pledged improved safeguards for disabled air passengers, including protection against damaged wheelchairs and better staff support, following an industry report highlighting ongoing dissatisfaction.
Singapore Airlines (SIA) has recorded a nearly S$1 billion loss in operating costs less than two years after its 25 per cent investment in Air India. The investment came just months before a fatal Air India plane crash in June 2025 and the carrier was also banned from Pak…
SkyWest's CFO sold 25,000 shares of the company, while the CEO sold $5.7 million in stock. The sales are worth a closer look, especially considering the company's solid earnings and capital-return posture.
Former Qantas CEO Alan Joyce reveals how the airline grants access to its private chairman’s lounge in a new memoir. He denies using the lounge as a tool to influence politicians and claims famous Australians “begged” to be granted access to “arguably the most exclusive c…
A Qantas Airbus A350-1000ULR, built for nonstop flights between Sydney and London, will land in Melbourne after a 19-hour test flight from Toulouse, France. The plane, designed for Project Sunrise, will complete its journey on Friday morning.
EasyJet's pre-tax profits plummeted 70% to £85m in Q2, primarily due to soaring fuel costs linked to the Iran conflict and a trend of later passenger bookings. The airline is also navigating a £5.7bn takeover bid facing potential EU regulatory scrutiny.
Apollo has upped its offer to £715 per share, increasing Castlelake's offer by 25p. EasyJet shares jump almost 10% after agreeing a £5.5bn takeover bid.
Thunderstorms have caused severe delays to hundreds of flights at Heathrow and Gatwick airports. Passengers report being stuck on grounded planes in sweltering conditions.
EasyJet rejected a £4.7bn takeover offer from Castlelake, with the bid being deemed too low. The offer of 625p per share is below the market price, and the company's solid balance sheet and potential long-term upside make it an unattractive deal.
An official report says Heathrow's third runway could harm the health and wellbeing of up to 3 million nearby residents as ministers advance the expansion plan.
Castlelake’s easyJet approach looks tentative: valuation gaps, ownership rules, and Sir Stelios’s stake all complicate any deal.