British Airways parent company, International Airlines Group (IAG), has reported a €6bn loss in its Quarter 3 (Q3) financial results. The group, which also owns Aer Lingus, said Q3 had seen it run an operating loss of €5.9bn compared to a €2.5bn profit in the same period last year. IAG [read more]
International Airlines Group (IAG) has confirmed that Alex Cruz is to stand down as British Airways’ Chief Executive with immediate effect but will remain as the non-executive chairman. Cruz’s time at British Airways started in 2016 and has seen the airline go through significant changes including fleet upgrades, network changes [read more]
The new Manchester (MAN/EGCC) to Belfast City Airport (BHD/EGAC) t route has got underway today when the first of four daily return services took off The Aer Lingus Regional service is operated by Stobart Air using an ATR72-600. Julian Carr, Aviation Director at Manchester Airport, said: “It’s great to see [read more]
Cornwall County Council is due to meet next week where it will make a decision on whether to allocate a proportion of its £10m spaceport fund to prop up a shortfall at Cornwall Nequay Airport (NQY/EGHQ). Like most airports in the UK, Cornwall Newquay Airport has been hit by the [read more]
According to sources close to the airline, Friday is when British Airways Cabin Crew will find out whether they are being retained on new contracts prompting an upsurge in those taking voluntary redundancy. British Airways plans to “fire and rehire” all of its staff, except Pilots which have already agreed [read more]
Manchester Airport (MAN/EGCC) has confirmed it is re-opening Terminal 2 from 15th July as passenger numbers increase at the UK’s 3rd busiest airport. Terminals 2 & 3 closed earlier this year as almost all flights from Manchester Airport were suspended at the height of the Coronavirus pandemic. Terminal 3 re-opened [read more]
Loganair (LM/LOG) and Stobart Air (RE/STK) are two airlines seeking help to weather the Coronivirus (COVID-19) Pandemic. Ireland-based Stobart Air is seeking protection from creditors, bankruptcy protection, from the Irish courts in a bid to prevent the airline being wound up while Scottish airline Loganair is seeking a bailout from [read more]
International Airlines Group (IAG), which owns British Airways (BA/BAW) and Aer Lingus (EI/EIN), has said that it is starting to see a decline in demand for flights to areas with Coronavirus (COVID-19) outbreaks. Announcing it’s full-year results for 2019 the group said that the earnings outlook is “adversely affected by [read more]
The final day of the Paris Air Show 2019 saw more orders for the hugely successful Airbus A321XLR with Saudi budget carrier Flynas ordering of the type, albeit tentatively at the moment. Flynas also said that they were converting orders for 10 A320neos to the larger A321neo. This makes the [read more]
European airframer Airbus has continued to unveil customers for its extra long-range Airbus A321 that was announced earlier this week and the latest raft includes some big names. American Airlines confirmed it was converting 30 of its A321neo orders into A321XLR’s, with a further 20 options while Australian carrier Qantas [read more]
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