Airline NEWS

Peer calls for investigation into finance behind failed Monarch airline

A Labour peer is calling for an investigation into the financial arrangements of collapsed airline Monarch, according to BBC News. Lord Myners has said the preferred creditor status of Greybull Capital, which is … Continue reading “Peer calls for investigation into finance behind failed Monarch airline”


easyJet revenue down after Brexit vote, failed coup in Turkey and terror attacks

The UK?s Brexit vote and recent events in Turkey and Nice have contributed to a ?difficult and uncertain? operating environment, low-cost airline easyJet said today. In a trading statement for the quarter ended … Continue reading “easyJet revenue down after Brexit vote, failed coup in Turkey and terror attacks”


London Mayor calls for swift decision on Heathrow/Gatwick expansion

The Mayor of London, Sadiq Khan, has welcomed a new investment in Gatwick Airport and called on the new Prime Minister, Theresa May, to make a quick decision on airport expansion in south-east … Continue reading “London Mayor calls for swift decision on Heathrow/Gatwick expansion”


Ireland’s Ryaniar seeks EU-based buyers for Aer Lingus stake

Irish airline Ryanair Holdings Plc (LON:RYA) said today it will unconditionally sell its entire 29% interest in smaller rival Aer Lingus Group Plc (LON:AERL) to any other European Union (EU) carrier that makes … Continue reading “Ireland’s Ryaniar seeks EU-based buyers for Aer Lingus stake”


Slovenia to privatise 15 companies to avoid EU bailout

Slovenia’s government plans to dispose of 15 state-owned companies, including its second largest bank Nova KBM, largest telecommunications group Telekom Slovenia, flag carrier Adria Airways and Ljubljana Airport, as part of its efforts … Continue reading “Slovenia to privatise 15 companies to avoid EU bailout”


City and Gatwick owner circles Hochtief’s airport assets

German construction group Hochtief AG (FRA:HOT) has received offers for the holdings in five airports it has put on sale, Reuters reported, quoting two people in the know. Fraport AG (ETR:FRA), which runs … Continue reading “City and Gatwick owner circles Hochtief’s airport assets”


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