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City and finance

Singapore Airlines and Tata agree to merge Air India and Vistara
SIA pledges to invest US $250 million to increase stake in newly-enlarged Air India group to 25.1%
EasyJet sees record summer peak but not enough to avert loss
EasyJet cuts its losses with the help of a record summer getaway
Norse Atlantic raises $30 million for expansion
Norse Atlantic places new share issue with investors, allowing it to expand
Thanksgiving travel disruption and Loganair's islands pledge
Weather set to have knock-on effect on US Thanksgiving getaway, while Loganair says it will retain its Highlands and islands services despite being up for sale
Jet2 crowned 'top pick in the travel space' for investors
Investment banks issue recommendations to buy Jet2.com and Jet2holidays shares after strong half-year result
Jet2 back in black despite ‘difficult return to normal operations’
Airline and operator reveals post-tax profit of £356 million for the six months to 30 September 2022
‘Strong consumer demand’ drives Qantas 2023 profit upgrade
The Australian carrier also expects its net debt to fall to $2.3 billion – $2.5 billion by the end of 2022
Travel groups warn about impact of future APD rises
UKinbound says increasing aviation tax will be “hammer blow”
Three guilty over MH17; Heathrow staff strike
A court has convicted three men over the shooting down of a Malaysia Airlines flight
Travel awaits autumn statement and tourists flock to Japan
Headlines focus on chancellor Jeremy Hunt’s plans for tax and spending
Thomas Cook could be sold and inflation hits 11%
Cook’s Chinese owner is examining options for online brand’s future
Foreign sec plans Qatar trip and Club Med could be sold
Qatar is in the spotlight with the World Cup set to start at the weekend
NCLH reports ‘positive trends’ as 2023 bookings equal 2019 levels
The parent company of Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises said 2023 pricing was “significantly higher” than 2019
Doncaster Sheffield airport to close for good and DfT seeks to make cuts
Yorkshire airport is due to see its final flights land on Friday, while the Department for Transport will explore savings across its programmes
Interest rates: What does the hike mean for travel?
Interest rates have risen to their highest rate since 2008. Today, TTG takes a look at what the implications are for travel
Bank of England hikes interest rates to 3%
Biggest single rise in cost of borrowing since 1989 confirmed
Interest rate woe for travel and Virgin Atlantic eyes more Heathrow slots
Borrowing costs for businesses set to soar as interest rate decision looms, while Virgin Atlantic wants to pick up more slots at Britain’s busiest airport
Wizz Air counts cost of pandemic recovery
Wizz Air experiences increased losses in Q1 as competition ramps up
Did the 'mini-Budget' kill travel's hopes of a normal peaks?
TTG Agenda 2022 panel agree the success of January peaks will likely rest on the upcoming Autumn Statement after the ’unmitigated disaster’ that was Truss and Kwarteng’s ’mini-Budget’
UK’s first tourist tax and visitors trapped in Disneyland
Edinburgh is set to become the first UK city to charge an overnight tourist tax, while guests at Disneyland Shanghai have been told they can’t leave without testing negative for Covid-19
Spain protest warning and BA owner eyes bargains
Protests over the cost of living crisis in Spain prompts new FCDO travel warning, while BA parent IAG could look to acquire some of its rivals in Europe
Leisure demand powers BA owner to €1.2bn summer profit
IAG’s revenue back to pre-Covid levels despite Heathrow capacity cuts
Number of empty shops falls, plus Twitter sold
New figures show a slight decline in the number of high street shop closures
Airlines 'profiteering' and Shapps' golden handshake
Heathrow accuses airlines of hiking fares this summer, while Grant Shapps to receive severance payment despite new role