Articles tagged “low-cost carriers”

Ryanair continues to produce remarkably strong profits, even as low-cost competitors struggle. It sees more strength ahead as the peak spring and summer seasons approach.

After a bloody first half of 2022, followed by an underwhelming summer, Europe’s Ryanair-wannabe, Wizz Air, reported heavy underlying losses for calendar fourth quarter. Its operating margin? Negative 17 percent. The label “Ryanair wannabe” is not an insult.

Today’s edition of Skift’s daily podcast looks at Accor’s corporate reorganization, low-cost Transatlantic losses, and Marriott’s blended future.

Polite. Complimentary. Respectful. Nobody would use these adjectives to describe Scott Kirby’s attitude toward low-cost airlines.

EasyJet is making good on its recovery plan. From expanding at slot-constrained airports like Lisbon and opening new seasonal bases in Greece, the airline is on its way back to the black.

Cathay Pacific announced on Wednesday that CEO Augustus Tan would be stepping down on December 31 and chief customer and commercial officer, Ronald Lam would succeed him.

A regional consumer affairs agency in Spain fined eDreams Odigeo $23,300 (24,000 euros) for allegedly duping some consumers into buying the company's much-publicized Prime subscription service.

Datalex, a Dublin-based tech company, partnered with easyJet to up the airline's game in merchandising to travelers and the customer experience.

Ajay Singh, Chairman and Managing Director of Indian carrier SpiceJet, is said to be in talks with a Middle Eastern carrier and an Indian conglomerate to partially sell a portion…