Ryanair CEO Michael O’Leary has said that a “Hard Brexit” could force Ryanair to create a UK subsidiary. O’Leary said that if the UK is forced to leave the European Open skies agreement it would prevent the Irish low-cost airline from continuing UK domestic flights such as London to Belfast [read more]
Irish budget airline Ryanair (FR/RYR) has cut its profits forecast from €1.35bn to €1.30bn, a cut of 5% on its previous forecast. The airline blames a the fall in the pound (sterling) since the brexit vote and claims the revenue it earns from tickets with fall to around 15% in the second [read more]
Monarch Airlines (MON/ZB) is in talks with the Civil Aviation Authority about a crisis extension to the deadline for renewing its ATOL certificate which expires at midnight tonight (Friday 30th September). The CAA raised concerns about Monarchs financial stability earlier this week prompting fears that Monarch could collapse. The CAA [read more]
Whilst Monarch’s (MON/ZB) twitter agents continue to fend off rumours of Monarch’s demise news has emerged that veteran chairman Sir Roy McNulty “quickly and quietly” his post. Monarch informed Companies House of McNulty’s exit on the 9th August 2016, just over a month before the airline hit troubled water over [read more]
On June 23rd 2016 the UK voted to leave the European Union (52% Leave – 48% Remain) instructing the UK Government to initiate the withdraw of Britain from the European Union, its rules and agreements. Many of those agreements have an effect on the aerospace and travel industries so what [read more]
Cardiff Airport today received an EasyJet flight that was diverted from Bristol Airport due to it being temporarily closed by a “hole in the runway”. The EasyJet flight from Venice was one of several flights diverted to different airports as Bristol was forced to close for repairs to be carried [read more]
Thomson Airlines has suspended all flights to Egypt’s Sharm El Sheikh resort from Cardiff Airport until at least the 12th November following increasing suspicion that a bomb brought down flight KGL9268 over the Sinai peninsula. Flight KGL9268, which departed Sharm El Sheikh bound for St Petersburg in Russia, crashed into the [read more]
Ever been drawn to the land of Mustard, Alan Partridge and Delia Smith? Yes?, Well in that case we have some great news for you. Links Air and Cardiff Airport have announced that from April there will be a daily (Mon-Fri) service from Cardiff (CWL) to Norwich (NWI) operated by [read more]
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