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Airlines set to post sharp rise in profits

The world's airlines are set to post a sharp increase in profit of $8.9bn (£5.7bn) this year

Budget airlines face Which? challenge over card fees

debit and credit card surcharges, citing low-cost airlines as the worst offenders....Which? claims budget airlines sometime charge a fee per passenger and per leg of the journey, when ... to the airline would be around 20p to process a debit card payment, and no more than 2% of the transaction value ... 't be using card-processing costs as an excuse for boosting their profits. "Low-cost airlines are some ...

British Airways: the Olympics' favourite airline...?

Olympic followers are almost 50% more likely than the national average to believe that sponsoring the games gives companies a better image, according to new data from Kantar Media's TGI survey.

Virgin Atlantic hires Deutsche Bank to assess airline's market position

Virgin Atlantic has hired Deutsche Bank to examine the aviation market and the airline's position...The transatlantic airline, in which the 49% shareholder is Singapore Airlines, has employed ... transatlantic competitors British Airways, Iberia and American Airlines received clearance to co ... opportunities for the airline." "This study is at a very early stage so there is no further comment to make ...

OFT threatens fines for 'misleading' pricing

Budget airlines and other sectors may need to watch their step after the Office of Fair Trading...impression of the price. No sector or brand was mentioned specifically by the OFT, but budget airlines ... , and gave the relative costs of equivalent flights of all three airlines on its website. Other sectors ...

Branson seeks to block BMI takeover by IAG

takeover of ailing airline BMI by IAG, in a bid to have the deal blocked....for the international airline. Virgin Atlantic was bidding against IAG at the time, hoping to buy BMI itself. Virgin ... larger share at their home bases. IAG said: "BMI is a massively loss-making airline. Selling it to IAG offers the best solution for British consumers and UK plc, securing more jobs than if the airline ...

Adwatch (July 13): Top 20 recall - Emirates warms the inner plane-spotter

Airline's ad brings out the viewer's inner plane-spotter but endline doesn't quite work...., in the airline advertising stakes, Emirates makes a worthy TV debut, but Virgin Atlantic remains untroubled at 40 ...

Ryanair celebrates 50% lift and record group profits

Budget airline Ryanair has reported a 50% surge in its annual pre-tax profits to €633m (£509m...The airline s pre-tax profits leapt 50% from last year s 420.9m , according to International ... , while predicting the airline's fuel bill would rise by 320m ( 257m), with most of the increase "skewed ... announcement to openly knock the UK Government and the airline's competitors. He said: "Despite a rising ...

Air tax hikes will 'undermine' Olympics, says BA chief

Willie Walsh, the head of British Airways and Iberia's parent company, International Airline Group...Walsh said the expected 8% hike in Air Passenger Duty (APD) in April will deter visitors to the UK. British Airways has paid 40m in sponsorship money to be the official airline partner ... of the latest increase, the airline reduce the number of new jobs it creates in 2012 "by around half". IAG ...

EasyJet profits to soar above £150m as UK passengers increase

EasyJet, the low-cost airline, has upped its profit forecast for the year to 30 September...expected by the airline, caused by the volcanic ash cloud crisis earlier this year. Estimated payouts ...

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