Norwegian continues to succeed where other airlines had failed before. It's fuel-efficient fleet and strong cost controls mean that it is making low-cost long-haul flying a reality.
Monarch had been brought into the Civil Aviation Authority’s ATOL scheme following its near collapse in 2014. Although on the surface its departure might look worrying, it is actually reassuring that it is now able to start behaving like other airlines.
While an expected profit of almost $1.5 billion is still mighty impressive, the warning signs are there that a prolonged period of Brexit-based uncertainty is likely to be very bad news for airlines.
Despite trying to spin it as a positive move, WAYN was heading towards oblivion until lastminute.com group stepped in. Are those 20 million registered users worth $1.2 million or will the deal prove a costly mistake?
Monarch’s immediate future may have been secure but its already fragile reputation has taken another hit. The proof of its viability as an airline and tour operator will be when it starts to produce profits on a regular basis.
With the UK government seemingly determined to sever all ties with the European Union, things don’t look great for the travel industry. For the time being there’s not much companies can do but hope for the best.
Thomas Cook’s disastrous merger with The Co-operative Group in 2011 gave it more than 1,200 retail shops at a time when the public was switching to online sales. Gradually it has been trying to reduce this number while at the same time improving those deemed to be in key locations.
It has taken a long time for rail companies and governments to loosen their grip on the data they control. Now that its happened, GoEuro and others operating in multi-modal metasearch are well placed to take advantage.
Monarch’s history of financial struggles means that this isn’t likely to be the end of the saga. The company is talking about new investment but until this goes through, questions will continue to be asked about the company’s future.