Continued from page 64 Iata welcomed the EC’s


“recognition of challenges that derive from SAF mandates that were flawed from the outset, particularly the price gap between sustainable and conventional fuels” but said: “Stronger action is needed.” Director general Willie Walsh argued: “The STIP falls short of critical industry expectations. We hope this is just the start.” Environmental lobby group


Transport and Environment (T&E) suggested the EU plan “diagnoses the problems for decarbonising planes and ships” but warned its “most impactful measures may arrive too late”. It noted the STIP “promotes


continued use of biomethane in shipping [when] limited stocks should be prioritised for sectors that depend on fossil gas”, and “only encourages” member states to use ETS revenues to decarbonise aviation and shipping, arguing: “More than €7 billion could have been raised last year by extending the ETS to all long-haul flights.” The European Environmental


Bureau (EEB), which represents 190 organisations, was more critical, saying: “Governments chose short-term political convenience over scientific integrity, environmental safety and societal responsibility by failing to uphold a loophole-free domestic 90% net target.” The EEB described the plan


as “riddled with debilitating flexibilities” and the EU of “setting itself up to fail”, accusing policymakers of “using ‘simplification’, ‘competitiveness’, ‘defence’ and ‘food security’ to weaken rules to benefit corporate interests”. It warned the EU “risks missing its climate goals, delaying green investments and losing credibility in negotiations”.


IAG reports 5% revenue rise and BA punctuality


Ian Taylor


British Airways chief executive Sean Doyle hailed “the best punctuality we’ve ever had at Heathrow this year” when he addressed the Airlines 2025 conference in London on Monday. Doyle reported “a lot of changes


to how we operate at Heathrow”, saying: “It was very obvious there were things we needed to transform.” But he admitted the hardest part


of the improvement programme had been “getting people to believe that this time it is different”. Doyle was speaking after BA


owner IAG reported a third-quarter profit of £2.7 billion after tax, with passenger revenue of £9.3 billion for the three months to September on a par with last year’s record figure. IAG recorded a 5% increase in


revenue to £25.2 billion for the first nine months of the year, having increased capacity by 2.6% for the


market saw some softness in US point-of-sale economy leisure.” The group increased capacity


Sean Doyle


year to date, and it reported an operating margin that was 15% up year on year in the last 12 months. Luis Gallego, IAG chief executive,


hailed “a strong performance” and forecast “strong earnings” for the year as he reported 18% growth in operating profit for the year to date, saying “demand remains strong”. IAG noted fares “were lower


in the European market due to a combination of high growth by British Airways and more competitive markets elsewhere” and reported: “The North Atlantic


on the North Atlantic and to Latin America and the Caribbean by almost 3%, and capacity in Europe by 2.4%. However, IAG cut capacity to Asia-Pacific by 2.2%. BA increased its capacity on


North Atlantic routes by 2.4% and Iberia by 2% but Aer Lingus by 7%. Passenger numbers on the North


Atlantic rose by 1.8% year on year in the three months to September but were down 0.2% in the first nine months of the year. However, traffic to Latin America and the Caribbean rose by 3.3% in the quarter and in Europe by 2.6%. Iberia added more than 4%


capacity to Latin America, but BA cut its Latin America capacity by 4.6% and Asia-Pacific operations by almost 10% “due to constrained aircraft availability” while increasing capacity in Europe by 7% on “mainly leisure routes”.


Amadeus profits up 10% for year’s first nine months


Amadeus recorded a 10% increase in profits to more than €1 billion in the first nine of months the year as it announced quarterly results for July to September, with revenue up 6.4%, to €4.9 billion. The travel technology group


reported “strong performances” across its aviation IT, hospitality and air distribution divisions


62 13 NOVEMBER 2025


both in the third quarter and for the year to date. Amadeus’s revenue from


air distribution grew 6.6% in the nine months, with 2.7% growth in bookings in the year to date and 4% growth in the three months to September. Luis Maroto, Amadeus president


and chief executive, reported “revenue growth acceleration and margin expansion in the quarter” and said: “We signed new customers across our businesses.” He noted the company had


made investments in research and development “totalling


Luis Maroto


over €1 billion” so far this year. Amadeus also continued


to purchase its own shares as part of a €1.3 billion share buy-back programme announced in March this year.


travelweekly.co.uk


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72