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Category Airline

Can Ryanair’s debt-free balance sheet boost its low-cost edge?

Can Ryanair’s debt-free balance sheet boost its low-cost edge?

Ryanair said it had repaid its final outstanding bond, leaving the Irish low-cost carrier effectively debt-free for the first time since it listed ...
Airlines trim 13,000 May flights as jet fuel costs spike globally

Airlines trim 13,000 May flights as jet fuel costs spike globally

Global airlines have cut around 13,000 flights scheduled for May, as surging jet fuel prices driven by the Middle East conflict force carriers to t...
IAG share price is facing turbulence: will earnings help to turn the tide?

IAG share price is facing turbulence: will earnings help to turn the tide?

IAG share price has come under pressure this year as the ongoing US-Iran war has disrupted its business. It dropped to 366p on Wednesday, down from...
Spirit Airlines edges toward shutdown as bailout talks collapse

Spirit Airlines edges toward shutdown as bailout talks collapse

Spirit Airlines is preparing to cease operations after failing to secure a last-minute financial lifeline, marking a dramatic fall for a carrier th...
US nears $500M rescue deal for Spirit Airlines: report

US nears $500M rescue deal for Spirit Airlines: report

The Trump administration is nearing a potential rescue package for Spirit Airlines, as it faces mounting financial pressure and the risk of liquida...