Tag #Airline Industry

Showing 37 to 48 of 76 results

smh.com.au
🌐 75% Global Worthiness
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Virgin Australia's IPO: A Gamble on Restructured Airline

Virgin Australia, recovering from bankruptcy, is preparing for an initial public offering (IPO) at the end of the month, aiming to occupy a middle market position between Qantas and Jetstar, targeting cost-conscious businesses and higher-end leisure travelers.

Progress

48% Bias Score

Decent Work and Economic Growth
jpost.com
🌐 85% Global Worthiness
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El Al Maintains 'Air Bridge' to Israel Amidst October 7 Attack

Following the October 7 attack, El Al airline, facing a tenfold increase in call volume and GPS disruptions, maintained and expanded its US flights while 10% of its staff served in the military; the airline acted as Israel's 'air bridge' to the world, bringing home soldiers, medical personnel, and c...

Progress

32% Bias Score

Peace, Justice, and Strong Institutions
arabic.cnn.com
🌐 75% Global Worthiness
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Double-Decker Passenger Planes Face Retirement Despite Continued Use by Select Airlines

Double-decker passenger planes, like the Boeing 747 and Airbus A380, are being retired due to high operating costs and inefficiency, but 11 airlines globally, including Emirates (116 A380s), British Airways, and Qantas, continue to operate them, offering luxurious amenities and upgrades, despite pro...

Progress

40% Bias Score

Industry, Innovation, and Infrastructure
forbes.com
🌐 75% Global Worthiness
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IAG Q1 2024 Results: Revenue Up 9.6%, Operating Profit Soars 191.2%

IAG reported forecast-beating Q1 2024 results, with €7 billion in revenue (up 9.6%), €198 million operating profit (up 191.2%), and a net debt reduction of roughly €1.4 billion, driven by strong demand and lower fuel costs; the company also announced orders for 53 new aircraft.

Progress

44% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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Slowing US Demand Impacts Transatlantic Airlines

Virgin Atlantic reported a return to profitability but warned of slowing US travel demand, causing a 6.6% drop in IAG's share price, the owner of British Airways, due to decreased bookings and economic uncertainty, while stricter US border policies further impact travel.

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Spirit Airlines Exits Bankruptcy, Plans Upscale Travel Options

Spirit Airlines emerged from Chapter 11 bankruptcy on Wednesday, having finalized a debt restructuring plan that converts $795 million of debt into equity and includes a $350 million equity investment, aiming to improve profitability and competitiveness after years of losses stemming from the pandem...

Progress

44% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
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EU Proposes Raising Flight Delay Compensation Threshold

The European Commission proposes raising the minimum flight delay for passenger compensation from three hours to five to twelve hours, depending on the flight distance, potentially eliminating 80 percent of current claims, prompting opposition from consumer advocates and the German Justice Minister.

Progress

44% Bias Score

Reduced Inequality
jpost.com
🌐 85% Global Worthiness
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El Al Profits Soar Amidst War-Reduced Israeli Tourism

Due to the ongoing 19-month war in Israel, incoming tourism has plummeted, causing many foreign airlines to cease operations; however, El Al's continued service at maximum fares led to record profits and dividend announcements, while some foreign airlines are cautiously returning, facing a 80/20 rat...

Progress

48% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 65% Global Worthiness
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Ryanair's Prime Membership Faces Consumer Scrutiny Over Limitations

Ryanair launched a £79 yearly Prime membership offering free reserved seats (with limitations), travel insurance (with exclusions), and monthly sales; however, consumer group Which? advises caution due to several restrictions.

Progress

48% Bias Score

Reduced Inequality
zeit.de
🌐 75% Global Worthiness
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Lufthansa's Transatlantic Passenger Growth Slows Amidst US Trade Tensions

Lufthansa Group saw a 7.1% increase in transatlantic passengers in Q1 2024 despite a US trade dispute, but anticipates weaker Q3 US flight bookings, prompting a capacity reduction to 3% growth in Q4; the company also benefits from a weaker dollar and lower fuel costs.

Progress

32% Bias Score

Responsible Consumption and Production
elpais.com
🌐 85% Global Worthiness
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Spanish Court Backs €179M Fine Against Budget Airlines

Spain's consumer affairs department fined five budget airlines €179 million for practices like charging for carry-on luggage and opaque pricing; the National High Court Prosecutor's Office supports the government's action, intensifying the legal battle.

Progress

56% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Southwest Airlines Stock Surges Despite Weak Financials

Southwest Airlines stock jumped 8% on March 11th after implementing baggage fees, but financial analysis reveals weak profitability (1.2% operating margin), high valuation (P/E 40.2), and poor downturn resilience, making it unattractive despite revenue growth.

Progress

52% Bias Score

Decent Work and Economic Growth

Showing 37 to 48 of 76 results