Budget Airlines News
Budget airlines have lower carbon footprint
New research from Liligo reveals that low-cost airlines are a greener option. By using the Carbon Footprint tool on Liligo.com, travellers can gauge the environmental impact of their flight and travel, thus enabling them to make better choices when they travel.
New Russian airline takes flight with EuroCommerce cash solution
Payment solutions company, EuroCommerce, part of the DataCash Group, has secured a contract to provide payment services to AVIANOVA, Russia’s newest low cost airline.
Ryanair announce $1.6BN aircraft financing agreement
Ryanair, the world’s favourite airline today (31 July 09) announced that it has awarded mandates to a syndicate of banks for approximately $1.6bn of financing for 55 aircrafts
Jet2 bring the all year sunshine a little closer
Jet2.com, the only low cost airline to operate flights to Sharm El Sheikh from Manchester Airport, has today announced it will increase flights to the Egyptian hotspot throughout 2010 and bookings can be made as of today.
easyJet boardroom resolves spat with Stelios
The long-running battle between the easyJet founder Stelios Haji-Ioannou and the boardroom over expansion plans is believed to have reached a compromise. At a shareholder’s meeting on Wednesday, the Luton-based carrier is expected to confirm that Sir Stelios is comfortable with its less-aggressive plans.
Ryanair warns on outlook despite 550% profit hike
Ryanair has posted a 550% rise in quarterly profits but warned that its price war with rival carriers is likely to result in lower-than-expected annual profits. Net first quarter profits rose to €136.5 million due to an unexpected 42% drop in fuel costs.
Italian budget carrier MyAir bites the dust
Italian budget carrier MyAir has had its operating licence suspended by the Italian Civil Aviation Authority (ENAC) due to severe financial difficulties and service failures.
Ryanair cuts Stansted capacity 40%
Ryanair has announced a 40% cutback in capacity to its Stansted services this winter, with the number of operational aircraft dropping from 40 to 24. The low-cost carrier says this represents a 30% reduction in the number of weekly flights and a loss of 2.5m passengers at the Essex airport between October 2009 and March 2010.
Ryanair ask passengers if they will stand on short flights?
Ryanair, the World’s favourite airline, today launched an online poll to ask if passengers would ‘stand’ on short flights if it meant they could travel for FREE, or pay 50% less than seated passengers.
Aer Lingus launches six new Gatwick routes
Aer Lingus is launching six more routes from its new Gatwick hub - Bucharest, Eindhoven, Tenerife, Lanzarote, Warsaw and Vilinus for winter this year.Its current flights to Dublin, Faro, Knock, Malaga, Munich, Vienna and Zurich will continue, but it will drop Nice during the winter months. With the addition of these new routes, the airline will operate 118 round trips a week.
Press: Thai budget airlines mull fare hikes
Three low-cost airlines will meet next week to discuss a possible increase infuel surcharges or ticket prices as a result of rising global oil prices, The Nation reported, quoting Thai AirAsia Chief Executive Tassapon Bijleveld.
The Rise and Rise of Low Cost Airlines
The state of the airline industry is in grave crisis that has been deepening for the past three years and now there is an emerging pressure from the low cost carriers, which continue to thrive despite unstable circumstances.
The Secret Behind High Profits at Low-fare Airlines
It`s no secret that the travel industry has been struggling lately. But one segment continues to do well - the low-fare airlines such as Southwest Airlines in the United States, Ryanair and easyJet in Europe, WestJet in Canada, GOL Airlines in Brazil and Virgin Blue in Australia.
