EU airport chief: ‘I don’t know how we’ll cope’ with new border system Transport & Infrastructure Europe’s airport chief has warned that he “doesn’t know” how the continent’s airports will “cope” with the huge delays caused by a new EU border system as the holiday season looms. Stefan Schulte, president of European airports trade body ACI Europe, told an industry event in Prague: “Passengers are queuing for hours at peak traffic [...]
Hopes rise for decision on Heathrow’s third runway plan Transport & Infrastructure Hopes for full government backing this summer for Heathrow’s expansion plans were rising on Thursday, with London’s main airport operating on the brink of full capacity. A report in The Times said Prime Minister Keir Starmer’s government is moving to clear the plans before any challenge to his leadership from Andy Burnham, with voting underway in [...]
Heathrow slams regulator plans to ‘take UK backwards’ by slashing investment Transport & Infrastructure Heathrow has issued a scathing rebuttal of the regulator’s plans to crack down on the airport’s spending and expansion, warning that this risks “taking the UK backwards”. The UK’s largest airport said that the Civil Aviation Authority’s (CAA) “proposed cuts to our investment plans risk taking the UK backwards and weakening our competitiveness”. The CAA [...]
Wizz Air ‘resilient’ after route cancellations wipe out profit June 11, 2026 Wizz Air has insisted its decision to halt operations in Vienna and Abu Dhabi positioned the airline for “long term resilience,” despite causing net profit to drop by nearly 99 per cent. The FTSE 250-listed airline said its slump in net profit from €214m to €1m was due to the “one-off headwinds” of these route [...]
WH Smith shares crater after outlook slashed on Iran war travel chaos June 10, 2026 WH Smith shares have cratered after the retailer slashed its profit forecast amid the prolonged slowdown in global travel and slump in consumer confidence caused by the Iran war. Shares in the FTSE 250 retailer slumped by 16 per cent on Wednesday’s market open to 415p, leaving the stock down more than 35 per cent [...]
Ryanair warns ‘weak’ airlines will go bust this year as fuel costs soar May 18, 2026 Ryanair’s finance boss has said he “wouldn’t be surprised” if some of the airline’s “weaker” rivals went bust later this year, as the Iran war spikes fuel costs. The Dublin-based budget carrier has insisted it is “confident” despite warnings of a jet fuel crisis, but US carrier Spirit Airlines shut down last month, and Ryanair [...]
Jet fuel crisis worse than Covid for airlines, says AirAsia chief May 7, 2026 The global jet fuel shortage caused by the Iran war has caused a bigger crisis for airlines than the Covid-19 pandemic, the chief of AirAsia has warned. Tony Fernandes, chief executive of AirAsia, said: “I thought I’d seen it all with Covid […] but having seen jet fuel go up almost three times — this is much [...]
Brits booking holidays last minute over Iran war fears, says Jet2 April 29, 2026 Budget airline Jet2 said Brits are leaving holiday bookings until the very last minute as the Iran war threatens to wreak havoc on summer tourism plans. The UK’s third-largest package holiday provider said on Wednesday: “Since commencement of the conflict in the Middle East, the booking profile has become increasingly close to departure.” But the [...]
Swissport creates 900 UK jobs as profit almost quadruples August 5, 2025 Swissport created 900 UK jobs as its profit almost quadrupled during its latest financial year, it has been revealed. The Cheshire-headquartered UK arm of the aviation services giant has posted a pre-tax profit of £39.8m for 2024, up from the £10.5m it achieved in the prior 12 months. That previous figure was the first time [...]
Flexjet: Private jet giant valued at $4bn after mega funding round July 21, 2025 Flexjet, the world’s second-largest private jet company, has been valued at around $4bn (£2.9bn) after securing $800m in new funding. The US firm’s latest funding round has been led by private equity giant L Catterton – which itself is backed by luxury group LVMH. Other backers of the round include KSL Capital Partners and J. [...]
