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Posts by author

Miguel Praga

2419 posts
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  • 2 min

VECI, Ávoris, Nautalia y W2M: venta anticipada récord

  • Miguel Praga
  • 30 January 2025
💰 The four major Spanish market emitters—Viajes El Corte Inglés, Ávoris, Nautalia, and World2Meet (W2M)—reported year-over-year sales increases ranging from 20% to 30% at the end of 2024 and beginning of 2025. The growth reflects a significant trend in early bookings, though the extent of genuine demand growth remains uncertain. This anticipation, spurred by high last-minute prices, positively impacts profitability and season planning. This contrasts with 2024's early optimism, which turned to concern due to a sales slowdown in spring and summer.
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  • 1 min

Un avión con 64 personas se estrella en pleno vuelo con un helicóptero en Washington

  • Miguel Praga
  • 30 January 2025
💥 An American Airlines-operated Bombardier CRJ700 collided with a Blackhawk helicopter over the Potomac River near Washington DC on January 30, 2025. The plane, on approach to Ronald Reagan Airport with 64 occupants, burst into flames. A search and rescue operation was launched with at least 18 bodies recovered from the river, while CNN reported all passengers dead, citing emergency services at the scene.
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Las aerolíneas, contra la subida del 60% de la tasa para entrar a Reino Unido

  • Miguel Praga
  • 29 January 2025
🏷 Non-UK, non-resident citizens previously entering the UK with just an ID must now request an ETA costing initially £10 (€12) valid for two years, soon increasing to £16 (€19). Despite IATA's opposition, Willie Walsh criticizes the unexpected ETA price hike and the additional APD—the highest air passenger tax globally—slated to rise in April, potentially derailing the Labour government's goal of 50 million tourists by 2030. The EU's similar ETIAS is cheaper, lasting three years. The UK's tourism appeal lies in the Royal Family and English language, particularly for Americans.
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Viajes El Corte Inglés acelera para cerrar el plan de ajuste

  • Miguel Praga
  • 29 January 2025
💸 Viajes El Corte Inglés aims to finalize its reorganization plan by the week of January 30, 2025, affecting up to 520 employees from central services, business travel, and MICE sectors, alongside 118 incentivized layoffs. CCOO and Valorian unions are negotiating better terms, suggesting an increase in pre-retirement layoffs beyond the proposed 118, opposing the use of geographical mobility, and reducing the number of affected workers from 520 to 300 at most.
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  • 2 min

Puente da la espalda a Ryanair en su guerra con Aena

  • Miguel Praga
  • 29 January 2025
✈ Ryanair's ally in the Spanish government, Transport Minister Óscar Puente, expresses dissatisfaction with the airline's tone in a letter sent by CEO Eddie Wilson on January 21. Puente seeks a reversal to the prior situation, before Ryanair announced a reduction of 800,000 seats at regional Spanish airports. He reminds Ryanair that Spain's transportation policy serves the general interest, not specific companies, and is not subject to airline pressures, potentially violating Law 18/2014 and EU State aid rules.
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Air France y Lufthansa aspiran a un porcentaje superior al ofrecido por los Hidalgo

  • Miguel Praga
  • 29 January 2025
✈ Air France-KLM and Lufthansa are interested in buying Air Europa, with meetings held in Palma and Madrid. Juan José Hidalgo, the major shareholder, wants to maintain majority control. Air France-KLM has hired Société Générale to bid for Air Europa, 80% owned by the Hidalgo family and 20% by Iberia's parent company. Javier Hidalgo aims to secure a deal in February, involving a €240 million capital increase and a €235 million loan to pay off Air Europa's €475 million debt to SEPI.
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  • 1 min

Niza, primer puerto que prohíbe los cruceros al 100%

  • Miguel Praga
  • 28 January 2025
🚢 Christian Estrosi, president of Nice, announced a ban on cruise ships with over 900 passengers at Villefranche sur Mer port, effective July 1. This move is a first for any port and aims to reduce pollution and waste from non-spending travelers. Nice prohibits shuttles for tourists from moored ships due to port size restrictions. CLIA reported three large and 34 medium ships planned to anchor in 2025. Villefranche and Nice see roughly 150,000 cruisers annually, just 1% of the airport's 15 million passengers. Estrosi's authority extends 300 meters offshore, leaving room for potential cruise anchoring beyond this limit.
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Simón Pedro Barceló: “La prioridad de Ávoris es mejorar márgenes”

  • Miguel Praga
  • 28 January 2025
💰 Ávoris, under Barceló Group, achieved a turnover of €4.5 billion and an Ebitda of €45 million in a year, marking a 1% sales margin. Copresident Simón Pedro Barceló aims to double Ebitda by 2025, aspiring to approach €5 billion in turnover. Iberojet, linked to Ávoris, plans to be the go-to airline for its tour operators and is set to launch routes to Orlando and Bangkok in 2024, enhancing connectivity from Barcelona to Costa Rica and Honduras, with continued operations in Madrid.
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Volotea cierra su base en el aeropuerto de Atenas

  • Miguel Praga
  • 28 January 2025
✈ Volotea, amid financial crisis, closes its hub at Athens Airport, affecting 80 direct jobs and potentially 450 more linked to hub providers. Operating for 6 years, the hub featured 2 aircraft in summer and 1 in winter. Aegean Airlines recently invested €100 million in Volotea, likely influencing the decision. Displaced workers may find opportunities as Sky Express expresses interest in hiring due to expansion needs.
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  • 2 min

Lufthansa adelanta a Air France en la puja por Air Europa

  • Miguel Praga
  • 28 January 2025
✈ Lufthansa positioned as the top candidate to acquire 20% of Air Europa, surpassing Air France-KLM. Javier Hidalgo aims to close the deal in February, preferring a European partner, after Lufthansa recently bought 41% of ITA Airways for €325 million. CEO Carsten Spohr discussed the potential purchase at Globalia's Mallorca headquarters in September. Lufthansa is attracted by Air Europa's strong Latin American presence, lower operational costs, and Mallorca base. Javier Hidalgo seeks a €240 million investment from the new partner and a €235 million loan to repay a €475 million debt to SEPI.
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