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United Kingdom

Airlines

In boost to creditors, failed airline Monarch wins appeal over UK airport slots

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LONDON Collapsed airline Monarch [MONA.UL] has won an appeal against a court decision that had stripped it of rights over valuable airport slots, in a boost to administrators who are hoping to recover money for creditors.

SSP beats profit estimates, boosts dividend 11:11am GMT

SSP Group , an operator of restaurants and bars in airports and railway stations, reported a better-than-expected profit, raised its dividend and unveiled a 100 million pound special payout for shareholders, sending its shares up as much as 8 percent.

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Major technical trouble disrupts traffic at Amsterdam airport 21 Nov 2017

AMSTERDAM Malfunctioning air traffic control systems at Amsterdam's Schiphol airport on Tuesday led to dozens of cancelled flights and long delays at one of Europe's busiest transportation hubs.

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Budget airline Wizz Air ramps up operations at Luton airport 20 Nov 2017

LONDON Budget airline Wizz Air , which has withstood the pressures in the aviation sector better than many of its rivals, said on Monday it would offer new routes from London's Luton airport to Cyprus, Slovakia, Estonia, Ukraine and Albania.

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Business jets risk U.S. pilot shortage on competition from airlines 18 Nov 2017

MONTREAL Business jet operators, already offering double digit raises to attract pilots, could face a labour shortfall in North America as they compete with U.S. airlines for talent, executives and analysts said.

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Lebanon's Hariri leaves Saudi Arabia for France on Friday 17 Nov 2017

BEIRUT Saad al-Hariri, who sparked a crisis by resigning as Lebanese prime minister on Nov. 4 during a visit to Saudi Arabia, is on his way to the airport, he said early on Saturday, before his flight from Riyadh to France.

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Gulf carriers may be in focus under foreign airline U.S. tax exemption cut 17 Nov 2017

A U.S. congressional proposal that would eliminate income tax exemptions for certain airlines could affect major Gulf carriers, potentially worsening an international spat between U.S. airlines and their Middle East rivals.

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Record Airbus order as Franke ups bet on budget airlines 16 Nov 2017

DUBAI Airbus hailed its biggest ever airliner deal on Wednesday with an umbrella agreement to sell 430 planes worth up to $50 billion to U.S. budget airlines investor Bill Franke. | Video

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AirAsia testing personalised baggage pricing, eyes more add-on revenues 16 Nov 2017

SINGAPORE Budget airline AirAsia Bhd is testing personalised baggage pricing and launching a travel money card, as it targets an ambitious 22 percent rise in revenue per passenger from add-ons by the end of 2018, its group CEO said on Thursday.

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Budget airline backer Franke spends a bundle on jets 15 Nov 2017

SINGAPORE/DUBAI No-frills airline tycoon Bill Franke, the investor behind a record deal for 430 jets, built his fortune as a champion of unbundled or "a la carte" charges that come on top of rock-bottom ticket prices.