July 11 (Reuters) – Hungarian budget airline Wizz Air on Monday forecast a “material” quarterly operating profit on strong summer demand, but may reduce its aircraft usage in peak summer period to hedge for labour shortages and strikes at European airports.
After a blip caused by the Omicron coronavirus variant, travel demand has roared back, with airlines betting on summer holiday travel in July-September to boost their bottom-line.
Airlines have raised fares to offset higher fuel costs, with pilots and cabin crews making a case for higher pay due to inflation.
The company reported an operating loss of 285 million euros ($288.99 million) in the first quarter amid rising fuel costs and a strengthening dollar.
The European Parliament has overwhelmingly backed a call for a common definition of rape across the European Union, saying any sexual act without freely given and informed consent should...
Greece has introduced strict new rules to protect some of its most fragile coastlines as the country struggles with the environmental pressures of record tourism. Officials say the measu...
Morning Briefing
Malta set for 30th May General Election: Maltese voters will go to the polls on May 30 after Prime Minister Robert Abela called a general election nine months before ...
Morning Briefing
PM warns of difficult months ahead but vows to turn challenges into opportunities
Prime Minister Robert Abela has warned that the months ahead will be challenging,...
The European Parliament has thrown its weight behind demands for a bigger long-term EU budget, approving its position for negotiations on the bloc’s next seven-year financial framework f...
Disinformation is no longer spreading only through fringe actors or political agitators, but through a digital system that rewards outrage, sensationalism and engagement above accuracy, ...
fthansa is introducing a new “Economy Basic” fare that offers Europe’s smallest free cabin‑bag allowance as the airline seeks to compete more aggressively with low‑cost carriers. The far...
Malta Public Transport will be operating extended late-night services on the final night of the Malta International Fireworks Festival, scheduled for Thursday 30th April, ensuring specta...
“A company’s workplace culture praised by management, needs to be taken with caution. But when the recognition comes directly from employees, that carries greater weight,” says JONATHAN ...
EU lawmakers have approved new rules aimed at strengthening how failing banks are managed, extending protections to a wider range of institutions and depositors across the bloc.
The p...
Malta Public Transport will be operating extended late-night services on the final night of the Malta International Fireworks Festival, scheduled for Thursday 30th April, ensuring specta...
Malta Public Transport announces that it will be operating two additional evening trips between Mġarr and Nadur in Gozo on Saturday 18 April 2026 to facilitate passenger travel following...
Shipping traffic through the Strait of Hormuz remained at a virtual standstill on Monday with just three crossings in the space of 12 hours, according to shipping data.
The oil prod...
Rights groups, including Amnesty International, say Iran carries out more executions per capita than any other country, and more in total than any nation except China, where reliable fig...
Thousands of Cuban security personnel have begun leaving Caracas after nearly two decades in Venezuela, as Washington ramps up efforts to dismantle the long standing alliance between the...
María Corina Machado is a prominent figure in Venezuela’s opposition. She has reported that one of her closest associates, Juan Pablo Guanipa, was abducted. This occurred mere hours afte...
Ukraine struck Russia’s oil infrastructure in the Black Sea port city of Tuapse for the third time in a month, local authorities said Tuesday.
The city, which declared an environmenta...
Russian forces have taken 1,700 square km (656 square miles) of territory in Ukraine this year and are advancing on its so-called fortress belt in Donbas, Moscow's top general said whil...
