British Airways owner International Consolidated Airlines Group has said its first-quarter operating profit before exceptional items rose by 9.7% to €170m (US$186.6mn), up from €155m in 2016 and well ahead of analysts forecast for €140.5m.
More Brexit worries surround the aviation industry, with Ryanair saying it will have to halt flights from the UK for weeks or months if Theresa May does not seal an early bilateral Brexit deal on international aviation. And the Spanish owner of Heathrow airport says uncertainty over the UK's exit from the EU has put a halt on future UK investment deals.
There was a slide in pre-tax profits from EasyJet yesterday. Airlines are concerned the triggering of Article 50, the mechanism which formally starts Brexit negotiations with Brussels, could put the Open Skies agreement at risk. Carriers such as Ryanair and IAG, the owner of British Airrways, have urged the UK government to preserve the agreement, or otherwise, risk hurting UK airlines. Share Radio's Matt Cox heard from Aviation Industry Commentator Julian Bray to find out more about Open Skies and why there is so much concern.
The Government have decided to expand Heathrow airport and build a third runway. Transport Secretary Chris Grayling says a new runway at Heathrow is a clear signal the UK is open for business following the Brexit vote. But what does the public think about this decision. We have live reaction from John Stewart of HACAN - the protest group, plus Julian Bray, an Aviation Expert and Matthew Jaffa from the Federation of Small Businesses.
EasyJet has announced a Brexit-inspired profits warning, which saw its shares sharply lower again on Monday, losing almost 30% over two trading days. Was Friday's Brexit vote potentially the straw that broke the budget airline's back? Aviation and Aerospace industry expert Julian Bray joined Share Radio’s Directors’ Briefing sponsored by Hewlett Packard Enterprise.
Boeing, the world's largest plane manufacturer, plans to cut thousands of jobs. So is this a sign that Boeing, and even the wider aerospace sector, is in trouble? Matt Cox spoke to aviation expert Julian Bray who offered his thoughts on the situation.
After a strong summer for low cost airlines, Joe Aldridge speaks to aviation expert, Julian Bray, and Peter Morris, Chief Economist at global aviation consultancy service Ascend, about the industry and its success.