Europe
British Airways Is a Profit Machine
When the North Atlantic market is good, British Airways performs strongly. BA's spectacular numbers suggest something is going very right.
Aegean Airlines has painful memories. In the early 2010s, Greece was in the throes of a great depression, a crisis that nearly forced it out of the euro-zone. The airline, sure enough, suffered three straight years of losses from 2010 to 2012, aggravated by a surge in fuel prices. This week we discover how Aegean not only survived, but thrived under intense macroeconomic pressure.
Jet Who? Jet2. You’ve heard of Ryanair. You’ve heard of EasyJet. But have you heard of the largest U.K. tour operator?