Today news
About the same in other media
Airlines hope for fistfuls of dollars as transatlantic flying returns
Reading now: 471
The golden goose is airborne again. The reopening of the US borderto leisure travellers from the UK and most of Europe – with the accompanying fattening of transatlantic schedules – has finally given the long-haul airlines something to be cheerful about.
The first flights for non-essential foreign visitors – holidaymakers, friends and family – will take off on Monday. For British Airways owner IAG, not to mention rival Virgin Atlantic and other carriers, it will feel like Christmas, Thanksgiving and all their birthdays rolled into in one.
In the wake of the reopening, IAG predicted a narrower loss – €3bn this year, down from €4.3bn in 2020 – and a possible return to profit by Easter. Transatlantic travel is the bedrock business for long-haul
Read more on theguardian.comAbout this in other media
Former Apollo Global boss Leon Black buying £21m London home theguardian.com /3 years ago
Crypto.com Grabs Naming Rights of Staples Center for $700M blockchain.news /3 years ago
Here’s why bears hope to pin Bitcoin under $60K ahead of Friday’s $1.1B options expiry cointelegraph.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
