WEU

Premier Inn owner Whitbread turns to profit as leisure travel picks up pace

Oct 25 (Reuters) – Premier Inn owner Whitbread Plc (WTB.L) swung to a first-half profit on Tuesday, buoyed by a pickup in demand for leisure travel on robust summer bookings as pandemic-related curbs eased. Hotel operators are benefiting as people spend more on travel and book longer hotel stays, lifting occupancy rates and prices, although …

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U.S. carriers add transatlantic flights for travel-hungry consumers

CHICAGO, Oct 21 (Reuters) – U.S. carriers including Delta Air Lines (DAL.N) and United Airlines (UAL.O) are betting big on American consumers’ unquenched thirst for travel across the Atlantic by adding more flights to Europe. U.S. airlines are responding to consumers emboldened by a more powerful U.S. dollar and more flexible work arrangements that allow …

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Lufthansa raises 2022 profit outlook on strong demand for air travel

BERLIN, Oct 17 (Reuters) – Lufthansa (LHAG.DE) raised its forecast for full-year adjusted operating profit to over 1 billion euros ($980.40 million) on Monday, boosted by strong demand for air travel that continued its post-COVID recovery. The company previously expected adjusted operating profit (EBIT) of more than 500 million euros. Preliminary results for the third-quarter …

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WRAPUP European airlines see travel withstanding consumer squeeze for now

BA-owner IAG says Q3 profit to beat expectations IAG says forward bookings show no signs of weakness EasyJet says Oct holiday, Christmas exceeding pandemic levels Ryanair sees average fares rising by more than expected Australia’s Qantas also sees higher profits LONDON, Oct 13 (Reuters) – British Airways-owner IAG (ICAG.L), Europe’s biggest airline Ryanair (RYA.I) and …

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Dutch government advises against all travel to Iran -ANP

AMSTERDAM, Oct 7 (Reuters) – The Dutch government on Friday urged all Dutch nationals to leave Iran and advised against all travel to the country, Dutch news agency ANP quoted Foreign Minister Wopke Hoekstra as saying. Register now for FREE unlimited access to Reuters.com Register Reporting by Bart Meijer, Editing by Louise Heavens Our Standards: …

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