European markets traded in negative territory on Monday, in what will be the region’s final full trading session of the year. The pan-European Stoxx 600 index was around 0.2% lower at 11:32 a.m. London time, with most sectors in negative territory. Healthcare, media and technology stocks led the losses, while utilities, autos and banking stocks … Read more
EasyJet on Wednesday reported record revenue from charging passengers for flight add-ons such as extra baggage in the full year to October, as the budget airline’s CEO criticized a recent Spanish fine over the practice. The easyJet group, which comprises an airline and a package holiday provider, said ancillary revenue — which includes additional luggage … Read more
A Ryanair plane takes off from Eindhoven Airport in the Netherlands on December 19, 2020. Nicolas Economou | NurPhoto | Getty Images Spain’s Ministry of Consumer Rights on Friday slapped a $179 million euro ($186 million) fine on five low-budget airlines for “abusive practices” including charging additional cabin luggage fees. Ryanair was struck with the … Read more
LONDON, UNITED KINGDOM – 2020/07/16: Storefront of the Burberry store in the prestigious New Bond Street. (Photo by Dave Rushen/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images LONDON — British luxury fashion house Burberry Group dropped out of the U.K.’s FTSE 100 stock market index on Wednesday, as waning sales and … Read more
EasyJet Plc passenger aircraft on the tarmac at London Southend Airport in Southend-on-Sea, UK, on Friday, May 3, 2024. Bloomberg | Getty Images Shares of EasyJet fell more than 7% on Thursday after the low-cost airline posted a slightly larger-than-expected loss in the first half of the fiscal year and announced the forthcoming departure of … Read more
Passengers checks their flight status in the departure terminal in Ben Gurion airport on the morning after a drone and missile attack from Iran, near Tel Aviv, Israel on Sunday, April 14, 2024. Bloomberg | Bloomberg | Getty Images Flights to Israel are set to remain disrupted for months amid heightened tensions with Iran, while … Read more
