Reading Time: 2 minutes Airline stocks took a nosedive on Friday morning as the horrific van attack in Barcelona the previous evening was felt likely to hit tourism to the region. British Airways and Iberia owner IAG and EasyJet both shed 3% in early trading, while Ryanair was 5% lower on the open, before all three pared losses as […]

Reading Time: 3 minutes Capacity cuts and adverse geopolitical events in the competitive European market during the second quarter of 2016 led to a 9.4 per cent decrease in sales to 970.6 million euros (Q2 2015: 1.07 billion euros). Total sales declined in the first half of 2016 by 8.4 per cent to 1.71 billion euros (H1 2015: 1.86 […]

Reading Time: 4 minutes Suicide bombers killed 36 people in a coordinated terror attack on Istanbul Ataturk Airport, Turkey’s largest airport. UPDATED: After the estimated death toll fluctuated throughout Tuesday night, climbing as high as 50 at one point, Turkish Prime Minister Binali Yildirim put the number of dead at 36 and wounded at close to 150, according to […]

Reading Time: 2 minutes As Brussels Airport in Zaventem, Belgium, remains closed following the March 22 deadly terrorist attacks, Brussels Airlines says the airport closure is costing it €5 million ($5.6 million) a day. This is putting Brussels Airlines in its deepest crises since it was established in 2002, spokesperson Wencke Lemmes told ATW in Brussels. “Our first priority […]