Despite predicting that a Brexit vote would not “have a material impact on our business”, shares in International Airlines Group (IAG), the parent company of British Airways, have plummeted by one-third since Friday. Shares in easyJet, the London-based low-cost carrier that relies heavily on open skies across Europe, have crashed just as dramatically. Even airlines […]
As the candidates in America’s presidential race pontificate on the growing divide between the haves and the have-nots, the country’s airlines are busy segmenting customers between the haves, the have-lesses, the have-somewhats, the have-nots and, now, the have-nothing-at-alls. Airlines have long seen profitability in investing heavily in first- and business-class while degrading the flying experience […]
Your plane is on fire. You can see smoke billowing outside the windows. Flight attendants are screaming to evacuate. So you unbuckle your seat belt, stand up, open the overhead compartment and make sure you grab that nice piece of luggage you brought with you. I mean, you can’t possibly let it burn! Wait, what? […]