Articles tagged “lccs”

News Blog

Saudi Carrier Flynas Hires Goldman, Morgan Stanley for Potential IPO Next Year

Saudi Arabian low-cost carrier Flynas has hired Goldman Sachs Group, Morgan Stanley and Saudi Fransi Capital for a potential initial public offering on the Saudi Exchange (Tadawul), according to a Bloomberg report. Flynas expects to go public next year. Earlier reports had suggested that Saudi Arabian sovereign wealth fund — Public Investment Fund (PIF) had been…

Peden Doma Bhutia | 1 week ago

Airlines

Inside Dubai Airport’s Almost $3 Billion Mega Expansion

With an annual passenger volume of just under 90 million, it's no surprise that the primary focus of Dubai International Airport's expansion endeavors is directed towards elevating customer experience.

Peden Doma Bhutia | 4 months ago

Inside Dubai Airport’s Almost $3 Billion Mega Expansion

Airlines

Ryanair Targets Dominance in Less-Developed Central and Eastern Europe Market

The Dublin-based low-cost airline’s mega deal for up to 300 Boeing 737-10s is just in time to support a push into newer markets.

Alan Charlish and Joanna Plucinska, Reuters | 6 months ago

Ryanair Targets Dominance in Less-Developed Central and Eastern Europe Market

Airlines

easyJet Buoyed By Summer Travel Demand

Many European carriers remain wary of potential strikes in the region. That however doesn't overshadow the pent-up demand for summer travel that airlines are preparing for — EasyJet is one among them.

Reuters | 7 months ago

easyJet Buoyed By Summer Travel Demand

Airline Weekly

The Gulf Sees a Wave of New Budget Airlines

For much of the past two decades, one of the biggest stories in global aviation was the rise of the Gulf carriers. Now, within the Middle East itself, another story has taken center stage: The rise of low-cost carriers.

11 months ago
The Gulf Sees a Wave of New Budget Airlines

Airline Weekly

Wizz Air Stumbles

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.

11 months ago
Wizz Air Stumbles

Hotels

Accor’s Corporate Reorg, Explained

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

Rashaad Jorden | 11 months ago

Accor’s Corporate Reorg, Explained

Airline Weekly

United Confronts New Realities

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

11 months ago
United Confronts New Realities

News Blog

EasyJet Partners with Datalex to Personalize Fare Options

Datalex, a Dublin-based tech company, partnered with easyJet to up the airline's game in merchandising to travelers and the customer experience. EasyJet offers passengers Standard, Standard Plus, and Essentials fares, as well as add-ons such as extra legroom. EasyJet fare types. Source: EasyJet A Datalex spokesperson said this new digital retail partnership with the airline…

Dennis Schaal | 1 year ago

News Blog

Majority Owner of India’s SpiceJet Looks to Sell Part of His Stake

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 of his stake in the budget airline. Singh holds around 60 percent stake in the airline. “The company continues to be in discussions with various…

Peden Doma Bhutia | 1 year ago