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Europe
The Return of Icelandair
Icelandair had a rough few years before and during Covid. But the airline believes it has turned the financial corner, and forecasts its best results in seven years. Edward Russell…May 26th, 2023
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Europe
Europe’s Largest Domestic Airline Markets May Never Recover From the Pandemic
A shift is underway in how Europeans get around. Air travel is still king with discounters, like Ryanair and Wizz Air, carrying record numbers of fliers around the continent. But…May 26th, 2023
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Europe
Lufthansa to Buy 41 Percent of Italy’s ITA Airways for $348 Million
The Lufthansa Group has agreed to buy 41 percent of Italy's state-owned ITA Airways for €325 million ($348 million), the culmination of more than a decade of wrangling to secure…May 25th, 2023
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Europe
Ryanair Makes Up With Boeing
Ryanair gave Boeing a boost, and let bygones be bygones, by ordering up to 300 new 737 Maxes. It's the European discounter's largest-ever order. Edward Russell and Jay Shabat discuss the…May 12th, 2023
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Europe
Ryanair Looks East With New Boeing 737 Maxes From Its Largest Order Ever
Ryanair laid out its future growth plans Tuesday with a mega deal for up to 300 Boeing 737-10s. The planes will allow the giant discounter to continue to grow seats…May 9th, 2023
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Europe
Air France-KLM Eyes Expansion in Booming South America With Potential TAP Deal
Air France-KLM, International Airlines Group, and the Lufthansa Group shared more than just a bullish outlook for travel demand during recent investor calls. They all want a bigger piece of…May 8th, 2023
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Europe
Iberia Leads Europe’s IAG to Winter Profits
When it comes to Europe’s Big Three Airlines, it’s not even close: International Airlines Group — the owner of British Airways, Iberia, Aer Lingus, Vueling, and Level — is consistently…May 5th, 2023
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Europe
Turkish Flips Pre-Pandemic Loss to Profit in First Quarter
Turkish Airlines was firing on all cylinders in the first quarter with strong results during a historically weak period.May 4th, 2023
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Europe
Lufthansa Sees Record Summer Revenue Thanks to Capacity Limits
Things are looking good in Frankfurt. The Lufthansa Group, Europe's largest network carrier, sees all the elements falling into place for a significant improvement in operating profits this year.May 3rd, 2023
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Europe
El Al Emerges from Pandemic with Strongest Annual Profit Since 2015
Things are looking up for El Al. Last year, Israel’s largest airline enjoyed its most profitable year since 2015, earning just shy of a 6 percent operating margin. That follows…April 14th, 2023