Airline Economics Archives - Travel Radar - Aviation News https://travelradar.aero/category/aviation/economics/ Aviation News | Air Travel News | Insight & Analysis Thu, 21 Nov 2024 09:50:31 +0000 en-GB hourly 1 https://wordpress.org/?v=6.6.1 https://i0.wp.com/travelradar.aero/wp-content/uploads/2021/07/cropped-142341008_3736125383109174_8967045553856800325_n.png?fit=32%2C32&ssl=1 Airline Economics Archives - Travel Radar - Aviation News https://travelradar.aero/category/aviation/economics/ 32 32 209674969 Ryanair Issues Urgent Plea for Passengers to Demand Action from ATC https://travelradar.aero/ryanair-issues-urgent-plea-for-passengers-to-demand-action-from-atc/ https://travelradar.aero/ryanair-issues-urgent-plea-for-passengers-to-demand-action-from-atc/#respond Thu, 21 Nov 2024 11:11:29 +0000 https://travelradar.aero/?p=56735 The popular low-budget airline has issued a plea for their passengers to demand immediate action from Air Traffic Control services. Via their mailing list on Saturday, Ryanair reinforced its demand for urgent ATC reform, calling on customers to let the EU Commission know how poor Air Traffic Control ruined their holiday. A Call for Reform […]

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]]> https://travelradar.aero/ryanair-issues-urgent-plea-for-passengers-to-demand-action-from-atc/feed/ 0 56735 Estonia’s state-owned airline Nordica files for bankruptcy https://travelradar.aero/estonias-state-owned-airline-nordica-files-for-bankruptcy/ https://travelradar.aero/estonias-state-owned-airline-nordica-files-for-bankruptcy/#respond Wed, 20 Nov 2024 19:30:35 +0000 https://travelradar.aero/?p=56696 The Estonian government’s Nordic Aviation Group (Nordica) and its subsidiary Xfly filed for bankruptcy today after investor Lars Thuesen withdrew from privatisation talks. Lars Thuesen, who owns the Danish charter airline Jettime, submitted a bid to acquire Nordica in October. Nordic Aviation faced difficulties after Scandinavian Airlines (SAS) announced the cancellation of its aircraft, crew, […]

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]]> https://travelradar.aero/estonias-state-owned-airline-nordica-files-for-bankruptcy/feed/ 0 56696 Etihad Severs Partnership with Virgin Australia https://travelradar.aero/etihad-severs-partnership-with-virgin-australia/ https://travelradar.aero/etihad-severs-partnership-with-virgin-australia/#respond Wed, 20 Nov 2024 03:00:40 +0000 https://travelradar.aero/?p=56650 Etihad has announced that they are pulling the plug on their partnership with Virgin Australia. This comes a couple of months after Qatar’s announcement to acquire a 25 per cent stake in Virgin. Etihad’s Decision to Split from Virgin Australia. This past Monday, Etihad announced that they will be ending their partnership with Virgin as […]

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]]> https://travelradar.aero/etihad-severs-partnership-with-virgin-australia/feed/ 0 56650 Supreme Court Orders Liquidation of Jet Airways: Revival Efforts Fail https://travelradar.aero/supreme-court-orders-liquidation-of-jet-airways-revival-efforts-fail/ https://travelradar.aero/supreme-court-orders-liquidation-of-jet-airways-revival-efforts-fail/#respond Tue, 19 Nov 2024 18:00:32 +0000 https://travelradar.aero/?p=55748 The Supreme Court of India has officially ordered the liquidation of Jet Airways, ending years of failed revival attempts and marking a significant moment in the history of the Indian aviation sector   The Liquidation of Jet Airways Jet Airways was once a major player in India’s aviation industry, commanding a significant share of the […]

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]]> https://travelradar.aero/supreme-court-orders-liquidation-of-jet-airways-revival-efforts-fail/feed/ 0 55748 TAP Air Portugal Reports €117.8 Million Profit in Third Quarter Despite Challenges https://travelradar.aero/tap-air-portugal-reports-e117-8-million-profit-in-third-quarter-despite-challenges/ https://travelradar.aero/tap-air-portugal-reports-e117-8-million-profit-in-third-quarter-despite-challenges/#respond Mon, 18 Nov 2024 12:18:25 +0000 https://travelradar.aero/?p=56436 TAP Air Portugal reported a net profit of €117.8 million ($135 million) in the third quarter of 2024, a decline of €62.8 million compared to the same period last year, citing foreign exchange losses as a significant factor. However, the airline’s third-quarter results marked a €116.6 million improvement compared to pre-pandemic levels in 2019. Year-to-Date […]

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