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Search Result for “budget airlines”

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BUSINESS

Flight test

Asia focus, Erich Parpart, Published on 22/07/2019

» Carsten Spohr was named Manager of the Year in 2017 by Manager Magazin in Germany when Lufthansa's profit hit a record high and its share price jumped 150%. Two years later, he finds his skills being tested to the limit after issuing a second profit warning in six months. While the airline is on track for an operating profit of 2 billion euros this year, it is 25% below analysts' forecasts.

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BUSINESS

Aloha America

Asia focus, Erich Parpart, Published on 20/02/2017

» A perceived rise in anti-foreigner sentiment in the United States has not diminished the desire of AirAsia X to connect Southeast Asia with America. The low-cost carrier last week launched its first US-bound service, from Osaka in Japan to Honolulu in Hawaii, especially Japanese tourists to Hawaii, AirAsia X and its regional budget peers are also adding aircraft to their fleets to meet steadily rising demand for cheaper flights.