Recent Posts

IAG sees strong bookings, makes bid for Air Europa

  Bloomberg IAG SA said it’s enjoying strong bookings into this year, led by holiday travel and stable business trips, and predicted a further recovery in 2023 as the aviation industry emerges from its worst-ever crisis sparked by the pandemic. Full year operating profit will reach about €1.8 billion to €2.3 billion, while net debt will remain broadly unchanged at ...

Read More »

Thai Airways’ fourth quarter profit surges amid travel boom

  Bloomberg Thai Airways International Pcl’s fourth quarter profit almost tripled after Thailand eased pandemic-related border restrictions and tourists started to come back to the popular Southeast Asia holiday destination. The carrier’s net income for the three months ended on December 31 rose to 11.2 billion baht ($322 million) from 4 billion baht a year earlier, Chief Executive Officer Chai ...

Read More »

Tesco, Aldi join grocers rationing fruit, vegetable sales in UK

  Bloomberg Tesco Plc has joined discounter Aldi in limiting purchases of some fruit and vegetables in the UK after difficult harvests due to cold weather in southern Spain and North Africa. Both retailers are capping purchases of peppers, cucumbers and tomatoes to three units per person. The moves follow Morrisons which has a limit of two products and Asda ...

Read More »
Send this to a friend