EU nations aim high with plan to tax air travel

EU nations aim high with plan to tax air travel

The Netherlands and France are trying to convince fellow European nations at a conference in The Hague to end tax…

Jet fuel costs could rise from new rules to improve air qualityTransport

Jet fuel costs could rise from new rules to improve air quality

Prices for jet fuel for later this year and into 2020 are expected to rise due to new marine fuel…

Ryanair profit hits 4-year low, warns of further painTourism Insight News

Ryanair profit hits 4-year low, warns of further pain

Ryanair reported its weakest annual profit in four years and said earnings could fall further as Europe suffers what Chief…

Norwegian Air sets big discount for share sale

Norwegian Air sets big discount for share sale

Norwegian Air will sell new shares at just a third of the current market price when the loss-making airline seeks…

Ryanair warns on profit as strikes and fuel prices take tollTourism Insight News

Ryanair warns on profit as strikes and fuel prices take toll

Ryanair cut its forecast for full-year profit by 12 percent on Monday and warned that worse may follow if recent…

Airline fuel efficiency improves but lags industry goals

Airline fuel efficiency improves but lags industry goals

Airline fuel efficiency on transatlantic flights has improved by one percent a year since 2014 as carriers buy modern planes,…

India’s Jet Airways hit by earnings delay, prompts recapitalisation calls

India’s Jet Airways hit by earnings delay, prompts recapitalisation calls

India’s Jet Airways shares hit a three-year low on Friday after it deferred its earnings, prompting analysts to say it…

Fuel costs weigh on American Airlines’ profit, shares fall

Fuel costs weigh on American Airlines’ profit, shares fall

Shares of American Airlines Group Inc fell more than 5 percent yesterday as sharply higher fuel costs weighed on profits and spooked…

JetBlue 1st-qtr profit rises on higher fares, lower taxes

JetBlue 1st-qtr profit rises on higher fares, lower taxes

JetBlue Airways Corp said on Tuesday that quarterly net income increased by 7 percent as higher fares and a lower…

Higher wages, fuel prices turn up cost pressure on airlines

Higher wages, fuel prices turn up cost pressure on airlines

With inflation paramount in investors’ minds at a time of rising wages and oil prices, the line separating winners and…