On Christmas Eve the United Kingdom of Great Britain and Northern Ireland (U.K.) and the European Union (EU) announced that an agreement had been reached on future trade and cooperation. The agreement is because of the U.K. leaving the EU on Jan. 31 this year and the transition period of abiding by EU laws ending on 31 December. The agreement would avoid a ‘No Deal Brexit’ which would affect current regulations in place between the two parties but is still…
British Airways will be expanding its regional network next summer when the airline’s CityFlyer brand will operate services from Southampton airport to destinations in France, Greece, Spain, Italy, Portugal, Scotland and Germany. The announcement will provide a boost to the U.K. south coast airport which has been severely affected by…
While the future of the country and London Stansted's expansion schemes remain unclear, the airport is optimistic for its future. The UK and European Union (EU) have not reached a Brexit agreement at the moment and Prime Minister Boris Johnson insisted the country will leave the EU by the end…
While the future of the country and London Stansted's expansion schemes remain unclear, the airport is optimistic for its future. The UK and European Union (EU) have not reached a Brexit agreement at the moment and Prime Minister Boris Johnson insisted the country will leave the EU by the end…
Last February, British Airways announced some of its best financial results on record Generating more than £2 billion ($2.53 billion) in profits for the year 2018, with an operating margin 15 percent higher than in 2017, the flag carrier stood firm amidst rising oil prices and widespread uncertainties due to…
U.K. low-cost carrier easyJet has announced a record $352 million headline loss before tax for the first six months of its financial year. According to the airline’s chief executive officer, Johan Lundgren, the half-yearly result is “in line with expectations” as the reporting period encompasses the traditionally off-peak northern winter…
The U.K.'s Flybmi is the latest airline to cease operations following an announcement on the airline’s website last weekend. The news brings an end to the British Midland franchise that dates back to the 1960s and misery to thousands of passengers due to fly out this weekend at the beginning…
The European aviation industry has seen significant consolidation since the liberalization of the market in the 1990s. High profile mergers such as that of Air France and KLM and the acquisition by the Lufthansa group of SWISS, Brussels Airlines and Austrian Airlines have reshaped the industry. The IAG consortium of…
With the United Kingdom’s exit date from the European Union nearing and deal negotiations being involved in more complications than consensus, airlines have been preparing to protect their operations across different scenarios. So far, this includes EasyJet having set up EasyJet Europe as a "separate" airline based in Vienna and…
Events in the U.K. Parliament this week have the aviation industry escalating preparations for the ever-increasing possibility of a No-Deal Brexit. On Tuesday evening, U.K. Members of Parliament voted against the Withdrawal Agreement negotiated between the U.K. government and the European Union. Acceptance of the agreement, which only covers the…
