In the 1990s, the low-cost market in Europe was booming. Both Easyjet and Ryanair were experiencing success in offering low-cost, no frill flights. This success began to effect the performance of full service carriers in Europe. British Airways decided to fight this competition by starting its own low-cost airline separate from its main brand. Allegedly, then CEO of British Airways, Bob Ayling, had approached Greek entrepreneur Stelios Haji-loannou, founder of Easyjet, about the low-cost formula. Stelios apparently showed Ayling his…
Wow, what a year for commercial aviation! This year was an action packed year for the airline industry and it carried with it highs and lows. In 2014, we lost airlines and certain aircraft, but also gave birth to new ones. Unlike 2013, 2014 carried with it devastating aviation incidents…
