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Discounts: Ryanair and Wizzair “outbid” each other again

There is currently little demand for airline tickets due to the corona pandemic. In the last few days, the low-cost airlines Ryanair and Wizzair have trumped each other with new special offers almost every day. On the occasion of the Cyber-Mondays, the Hungarians advertise with a 25 percent

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Gategroup reaches agreement on debt rescheduling

The Gategroup, which is strongly represented in the aviation catering sector, reached an agreement with its shareholders and creditors on a debt rescheduling. The group came under pressure due to the sharp drop in demand due to the corona pandemic. The major shareholders RRJ Capital and

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SAS shareholders approve the restructuring plan

The shareholders of the Scandinavian SAS gave the green light for the recapitalization plan in the course of an extraordinary general meeting on Thursday. This has been revised several times in the last few months, but can be implemented as agreed. SAS

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LH rescue package: Spohr expects rejection

Due to the low attendance at the upcoming Annual General Meeting, a two-thirds majority is required to accept the rescue package. Lufthansa boss Spohr assumes a rejection and has ordered the early payment of salaries. Lufthansa boss Carsten

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Easyjet board remains in office

57 percent of Easyjet shareholders rejected the plan from company founder Stelios Haji-Ioannou. He actually wanted to overthrow the board of directors around CEO Johan Lundgren. Nothing came of it. Easyjet founder Stelios Haji-Ioannou actually wanted the low-cost airline's board of directors

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