Articles tagged “ryanair”

Staffing woes in the UK, which Ryanair Group CEO Michael O'Leary blames on Brexit, are just one of the issues that face the airline this summer.

European low-cost carriers are moving in to claim market share as their larger rivals struggle to return to their pre-pandemic size. The discounters are facing off this summer in Southern European leisure destinations.

European airlines remain bullish on summer travel even with a war on the continent. But that's not to say risks don't exist, particularly the closer to the conflict that an airline flies.

The Omicron variant has spooked Ryanair's usually brash CEO Michael O'Leary. After a disappointing December, he is now uncharacteristically cautious about the summer, which previous forecasts had held would be a blockbuster for the European low-cost carrier.

Wizz Air CEO József Váradi is taking a different tack from his peers. Instead of seeing a potential bonanza next summer in Europe, he thinks the region's airlines may be too bullish about demand and add too many flights. The upshot? Everyone has an opinion about the recovery, but no one really knows how it will unfold.

Unlike for its U.S. peers, Irish discounter Ryanair's summer was strong from start to finish, thanks to Europe's higher vaccination rates. The airline is planning an aggressive expansion in Europe to capitalize on almost-insatiable demand for leisure travel and while its larger competitors scale back their networks.

Grab emerged as a leading superapp because of conditions specific to Southeast Asia. Don't look for U.S. and European copycats to get traction.

Old school travel companies still largely dominate in terms of stock market valuation, but there is no denying the disruption sparked by Airbnb’s debut on the stock market.

Deloitte has taken the pulse of corporate America, and the 150 travel managers it surveyed are a lot more cautious than airlines would have you believe.