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City and finance

Delta bullish about 2023 after reporting healthy profit
US giant says outlook for airline industry is good in 2023
Let the CAA ‘clamp down’ on airlines, Which? urges govt
Airlines ‘emboldened to fail customers’ says consumer champion as it renews its call for the authority to be given new powers to address airlines
Ryanair upgrades profit outlook by €200m after 'stronger then expected' festive season
First holiday season for three years free of adverse impacts helps budget carrier unlock ’strong pent-up travel demand’
A&K bolsters Galapagos presence with new investment
A&K Group invests in Galapagos Islands partner
Carnival Corp ‘accelerating’ towards profit as bookings near 2019 levels
The company said it has seen a ‘measurable lengthening’ in the booking curve across all brands after customer deposits hit a record $5.1 billion in the final quarter of 2022
Heathrow expects pace of recovery to ‘slow’ in 2023
Uncertain economic climate and cost of living crisis likely to restrain demand
Govt backs SAF test flight, plus – more economic woes for UK
Virgin Atlantic plans SAF-powered US test flight next year
Fresh interest rate hike imminent and Ryanair's 'don't wait' missive
Bank of England poised to cause more mortgage pain with another rise in interest rates, but there is cause for celebration with the UK’s long-standing airport liquid rules set to be relaxed
What can we learn about 2023 from Europe's largest operator?
Tui looks set to bounce back in the UK after paying the price of airport disruption this summer – Gary Noakes explores the German travel giant’s full-year results in more detail
Strong summer reinforces hopes for 2023, says Tui
Airline and operator’s summer passenger carrying recovered to 93% of pre-pandemic levels
Tui to pay back further €730m in Covid state aid
German travel giant will finance the latest repayment through capital increases
Inflation down but still +10% – plus, more strikes to come?
Inflation dips below November peak, but interest rate rise still forecast for Thursday in response
Travel Counsellors on a roll after record 2022 sales
Travel Counsellors set to return to profit when it reveals 2021/22 figures
Heathrow's Border Force 'contingency' pledge, plus fresh rail strikes begin
Heathrow boss says Christmas travel will be a smooth process despite strikes by immigration staff
Chaos as snow closes airports – plus, another interest rate rise?
Blanket of snow set to cause delays and cancellations to air and rail passengers on Monday
Havila Voyages wins High Court battle to take delivery of new ships
Cruise firm aims to start services on Havila Polaris by the end of December
On the Beach back in the black but still counting Covid costs
On the Beach reports first profit after the pandemic, but far below 2019 levels
On the Beach average booking values up by a third post-Covid
UK’s largest OTA posts full-year gross profit just £3 million shy of 2019 levels
Christmas travel misery and energy bill crunch for businesses
Thursday’s headlines are dominated by the impact of Border Force staff going on strike over Christmas
MAG says days of 'airport chaos' over after massive recruitment drive
Group, which comprises Manchester, Stansted and East Midlands airports, ’well-placed to continue strong recovery’ after taking on around 2,000 new members of staff
Branson's Covid loan frustration, plus BA's lost property levy
Sir Richard Branson says Virgin Atlantic’s failure to secure a government Covid loan has tilted the playing field in its competitors’ favour
World's most expensive cities revealed, plus Qatar carbon concerns raised
Two cities have tied for the title of world’s most expensive, new survey shows, while questions have been asked about the sustainability of hundreds of World Cup flights to Qatar
Business boost for Scotland, plus Singapore relaxes LGBTQ laws
Scottish business confidence is rising, new poll reveals, while Singapore has repealed its colonial-era ban on gay relationships