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Europe
Ryanair Expects Summer Revenue Surge to Continue as Competitors Slow Growth
Living up to its longtime status as one of the world’s most profitable airlines, Ryanair on Monday reported a 35% operating margin for the July-to-September quarter. This was highest among…November 6th, 2023
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Europe
Lufthansa Group Earnings: 5 Takeaways
The Lufthansa Group expects strong summer demand to continue this winter and into next year as European airlines face limits to growth.November 3rd, 2023
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Europe
Air France-KLM Leans On Transavia to Turn Paris Orly Hub Into an ‘Asset’
Remember when Air France-KLM Chief Financial Officer Steven Zaat said the carrier was "never going back" to pre-pandemic levels within France? It was two years ago and little did the…October 31st, 2023
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Europe
Amsterdam Schiphol Wants to Set the Record Straight on Flight Cuts
Airlines are warily watching the situation at Amsterdam's Schiphol Airport where a caretaker Dutch government is pushing through a dramatic cut in the number of flights. Airport officials are working…October 30th, 2023
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Europe
British Airways and Iberia Owner IAG Bullish on Transatlantic Outlook
The owner of British Airways and Iberia, International Airlines Group, is confident in the full, profitable recovery of its airlines next year as longhaul travel demand — particularly across the…October 27th, 2023
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Europe
TAP Air Portugal Focused on ‘Tactical,’ Profitable Growth With Sale Pending
TAP Air Portugal is hitting its profitability marks, with management laser focused on making the state-owned airline an attractive takeover target.October 24th, 2023
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Asia-Pacific
The U.S. Air Travel Recovery Flatlines
If one thing's clear from the airlines that have reported third-quarter results it's that the U.S. domestic travel recovery has plateaued. That's not necessarily bad, passenger numbers are above 2019…October 20th, 2023
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Europe
Air France-KLM’s SAS Takeover: Do Copenhagen, Oslo, and Stockholm Hubs Stay?
Air France-KLM's pending $145 million deal for a minority stake in Scandinavia's SAS is the latest move among Europe's consolidating airlines. But there are more questions than answers as the…October 19th, 2023
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Europe
Fast-Growing Istanbul Airport Wants More Budget Airline Competition
IGA Istanbul Airport is one of the big air travel pandemic recovery success stories. The airport has skyrocketed up global rankings to seventh busiest last year but executives acknowledge that,…October 18th, 2023
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Europe
EasyJet Raises Profit Outlook After ‘Record’ Summer, Orders More Airbus Planes
EasyJet expects operating profits nearly double analyst forecasts during the year that ended in September, after a banner summer travel season in Europe. That, in part, gave the European discounter…October 12th, 2023