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☆ Airbus' game-changing A321XLR will enter service soon. These airlines have already announced routes with the new plane, including 3 to the US.
▼ + stars: | 2024-10-08 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

Airlines, including Iberia, Wizz Air, and Aer Lingus, have announced their first A321XLR routes. Irish carrier Aer Lingus said in October that it will launch its first A321XLR flight between Dublin and Nashville in April. The eight-and-a-half-hour route is a niche nonstop for the industry, with Aer Lingus as the only operator. Related storiesOther potential A321XLR routesWhile only a handful of A321XLR routes are officially on the books, many previously unserved city pairs could fit the bill, airlines have said. Qantas' list of potential A321XLR routes includes routes like Brisbane to Tokyo, Perth to the Maldives, and Melbourne to Bangkok.

Persons: —, Wizz's, Thomas Pallini, America — Organizations: Airbus, Airlines, Aer Lingus, Service, Airbus A321XLR, Spanish, Iberia, Boston, Washington Dulles, Wizz, London, United, Irish, Nashville, Saudia, Business, JetBlue Airways, JetBlue Airways Airbus, Australia —, Qantas, Jetstar, JetSMART Locations: Iberia, Wizz, Madrid, Washington, London Gatwick, Jeddah, Saudi Arabia, Milan, Abu Dhabi, United Arab Emirates, Dublin, Barcelona, Rome, Brussels, Maldives, Dakar, Senegal, New York, Boston, Los Angeles, San Francisco, Europe, Aer, United, Las Vegas , Houston, Australia, Asia, Brisbane, Tokyo, Perth, Melbourne, Bangkok, South, America, Chile, Miami

☆ Wizz says passengers will 'suffer' through 7-hour flights on its new Airbus A321XLR for cheap tickets. See the no-frills cabin.
▼ + stars: | 2024-10-02 | by ( Taylor Rains | ) www.businessinsider.com time to read: +2 min

Wizz Air is set to launch new long-haul routes using its upcoming Airbus A321XLR. The first flights, a seven-hour trek, will start in March between London and Jeddah, Saudi Arabia. Wizz Air will offer significantly cheaper fares compared to competitors like British Airways. AdvertisementLow-cost carrier Wizz Air is banking that price-sensitive customers will book its new no-frills narrowbody planes to save money on long-haul flights — and it's not being shy about the cabin. Wizz's new long-haul flights on the A321XLR won't even come with free water.

Persons: —, Wizz, József Váradi, Abu Dhabi Organizations: Airbus A321XLR, British Airways, Service, Wizz, Airbus, London, Etihad Airways Locations: London, Jeddah, Saudi Arabia, Hungarian, London Gatwick, Milan, Abu Dhabi, Abu, UAE

☆ An Asian airline hopes launching one of the world's longest narrowbody routes will actually be a comfort upgrade for passengers
▼ + stars: | 2024-09-30 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Air Astana is launching one of the world's longest narrowbody routes from Almaty to London. AdvertisementAir Astana is launching one of the world's longest narrowbody routes with the aim of increasing comfort for passengers. The Kazkhstani flag carrier announced last Wednesday that it will use an Airbus A321LR on its route from Almaty to London. Plus, Air Astana is a relatively small carrier, as it only has three widebody jets, all Boeing 767s. European budget airline Wizz Air earlier this month announced its first route utilizing the Airbus A321XLR on seven-hour flights.

Persons: —, that's, József Váradi Organizations: Air Astana, Airbus, Service, Boeing, British Airways, Wizz, Air, Kazakhstani Locations: Almaty, London, Aktau, Kazakhstan, Dallas, Fort Worth, Jeddah, Saudi Arabia

☆ Passengers on a new 7-hour budget flight won't even get free coffee and will have to make their own fun, CEO says
▼ + stars: | 2024-09-19 | by ( Tom Carter | ) www.businessinsider.com time to read: +1 min

Budget airline Wizz Air is planning new long-haul cheap flights between the UK and Saudi Arabia. Passengers on the seven-hour flight will have to do without free coffee or entertainment options and share just 3 bathrooms. Wizz Air's CEO told Bloomberg passengers will have to "create the fun for yourself." Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .

Persons: — Organizations: Wizz, Passengers, Bloomberg, Service, Business Locations: Saudi Arabia

☆ The Airbus A321XLR could be a game changer for budget airlines. See how Wizz Air's cheap 7-hour flight would compare with British Airways.
▼ + stars: | 2024-09-15 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

Wizz Air announced its first route for the Airbus A321XLR from London to Jeddah. Go to newsletter preferences Thanks for signing up! AdvertisementEuropean ultra-low-cost carrier Wizz Air announced Tuesday its first route for the Airbus A321XLR. The A321XLR could be a game changer for budget airlines because it can fly up to two hours further. By opening longer routes with the XLR, budget airlines could compete with legacy carriers operating widebody jets.

Persons: — Organizations: Wizz Air, Airbus, British Airways, Boeing, Service, Business Locations: London, Jeddah

☆ The first ultra-low-cost airline using the Airbus A321XLR hopes passengers will choose to 'suffer the pain' of no-frills 7-hour flights
▼ + stars: | 2024-09-10 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

Wizz Air announced its first A321XLR route will be about seven hours between London and Saudi Arabia. "You kind of suffer the pain, if you wish, for the economic benefits," said Wizz's CEO. Go to newsletter preferences Thanks for signing up! AdvertisementAs it introduces longer flights, ultra-low-cost carrier Wizz Air isn't planning any upgrades to its no-frills offering — hoping passengers will "suffer the pain" for cheaper tickets. Wizz announced Tuesday that its first Airbus A321XLR route will be between London Gatwick and Jeddah in Saudi Arabia, starting next March.

Persons: —, Wizz Organizations: Wizz Air, Service, Wizz, Airbus, London, Business Locations: London, Saudi Arabia, Saudi, Jeddah, London Gatwick

☆ Wizz Air and Ryanair, 2 of Europe's biggest airlines, are in a war of words over Wizz's divisive new 'all you can fly' deal
▼ + stars: | 2024-08-23 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

Ryanair's CEO criticized Wizz Air's unlimited flights pass as a "marketing scam." Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTensions are growing between two of Europe's top budget airlines after the Ryanair CEO called Wizz Air's unlimited flights pass a "marketing scam."

Persons: Wizz, — Organizations: Service, Ryanair, Business Locations: Budapest, Dubai, Maldives

☆ One of Europe's biggest low-cost airlines is selling a year of unlimited flights for $550 — but it comes with a whole heap of strings attached
▼ + stars: | 2024-08-14 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

Wizz Air is offering customers unlimited flights for a year for 499 euros ($550). The unlimited pass comes with big caveats, namely that you can only book flights three days ahead. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWizz Air, one of Europe's largest ultra-low-cost carriers, is offering people the chance to buy a year of unlimited flights for 499 euros ($550).

Persons: —, Wizz Organizations: Service, Business Locations: Budapest

☆ Wizz Air CEO: Consumer constraints, supply chain difficulties affecting revenue, outlook
▼ + stars: | 2024-08-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWizz Air CEO: Consumer constraints, supply chain difficulties affecting revenue, outlookJózsef Váradi, CEO of Wizz Air, joins CNBC to discuss the company's earnings results.

Persons: József Váradi Organizations: Wizz, CNBC

☆ Ryanair shares tumble 12% as budget airline reports 46% fall in quarterly profit, sees lower fares
▼ + stars: | 2024-07-22 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

Ryanair shares fell on Monday after the company said its quarterly profit after tax had fallen 46% and fares will be lower than expected in the summer months. Ryanair cited weaker-than-anticipated fares and the Easter season falling into the previous quarter as reasons for the drop in profit. It also comes despite a 10% increase in passenger traffic to 55.5 million during the quarter, Ryanair said Monday. However, Ryanair Group CEO Michael O'Leary said in a statement that fares were expected to be lower than expected over the next three months. Other European airlines followed Ryanair lower on Monday, with fellow low-cost airline EasyJet shedding over 6%, while Jet2 fell 4% and Hungarian airline Wizz Air slid over 6%.

Persons: — Ryanair's, Michael O'Leary, O'Leary, Jet2 Organizations: Ryanair, Wizz Air Locations: London

☆ Wizz Air forecasts higher earnings, swings to annual profit after 3 years
▼ + stars: | 2024-05-23 | by ( ) www.cnbc.com time to read: +1 min

An Airbus A321-231 from Wizz Air is taking off from Barcelona Airport in Barcelona, Spain, on Feb. 23, 2024. European low-cost airline Wizz Air forecast a higher annual profit on Thursday on the back of a strong summer and robust travel demand, after swinging to an annual net profit after three years. Wizz Air reported a net profit of 365.9 million euros ($395.90 million) for the year ended March 31, compared with a net loss of 535 million euros a year earlier. That compares with a company-compiled consensus of a 350.8 million euros. The airline expects current year net income in the range of 500 million euros-600 million euros with revenue on each available seat kilometre up in high-single digits.

Persons: Jozsef Varadi Organizations: Airbus, Wizz, Barcelona Airport Locations: Barcelona, Spain, Hungary

☆ I flew on Europe's 3 biggest budget airlines: easyJet, Ryanair, and Wizz. The best wasn't the cheapest, but its friendly staff made all the difference.
▼ + stars: | 2024-05-12 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

I flew with Ryanair, easyJet, and Wizz in a two-day trip to compare Europe's main budget airlines. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementRyanair, easyJet, and Wizz are Europe's three biggest budget airlines, but the experiences can be quite different. Last month, to compare the three airlines, I flew from London to Madrid with Ryanair, then on to Rome with Wizz, and back home with easyJet. This story is available exclusively to Business Insider subscribers.

Persons: —, Wizz Organizations: Ryanair, easyJet, Service, Business Locations: London, Madrid, Rome

☆ Thousands of planes have run into issues with jammed GPS signals while flying over Eastern Europe, and some people are blaming Russia
▼ + stars: | 2024-04-23 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

About 46,000 flights reported navigation problems flying over the Baltics during an eight-month period, The Sun reported. AdvertisementThousands of planes may have run into issues with jammed GPS signals, according to a report by British tabloid The Sun which suggests that Russia may be to blame. AdvertisementBoth The Sun and The Guardian reported that Russia is suspected of being involved in GPS jamming attacks. The frequency of instances of navigation problems rocketed from fewer than 50 a week last year to more than 350 a week last month, The Sun reported. But the CAA told The Independent that jamming and spoofing near conflict zones were often by-products of military activity, not deliberate actions.

Persons: —, Grant Shapps, Rishi Sunak, There's, Luc Tytgat, Glenn Bradley Organizations: Sun, Service, British, The Sun, European Union Aviation Safety Agency, Guardian, Wizz Air, Royal Air Force, CAA, Independent, UK Civil Aviation Authority, Ryanair Locations: Estonia, Latvia, Lithuania, Poland, Türkiye, Cyprus, Russia, GPSJAM.org, Sun, Baltic, Kaliningrad, Russian, Baltics, Eastern Europe, Ukraine

☆ Flights are still being disrupted and rerouted after Iran's attack on Israel. Here's what you need to know
▼ + stars: | 2024-04-16 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

British low-cost carrier easyJet on Tuesday said it was extending its suspension of Israel flights for the remainder of the summer season, until Oct. 27, and would refund customers due to fly. Rival Wizz Air resumed flights to Tel Aviv on Tuesday but said passengers may experience "schedule changes" and that it was monitoring the situation. Dutch airline KLM canceled flights to Israel until Apr. Air India said it had temporarily suspended flights to and from Tel Aviv and its Tuesday service was listed as canceled. Germany's Lufthansa Group said it had resumed flights to Tel Aviv, Amman and Erbil on Tuesday, but had canceled flights to Tehran and Beirut up until Thursday.

Organizations: Sunday, Wizz Air, KLM, Air, Germany's Lufthansa Group Locations: Ben Gurion, Iran, Tel Aviv, Israel, British, Air India, Amman, Erbil, Tehran, Beirut

☆ Dubai wants to build the biggest airport in the world. Here’s how that’s going
▼ + stars: | 2024-02-29 | by ( Miquel Ros | ) edition.cnn.com time to read: +9 min

To put that in perspective, that’s nearly 63 million more travelers than the world’s current busiest airport, Hartsfield–Jackson Atlanta International, handled in 2022 and nearly 100 million more than Dubai International. philipus/Alamy Stock PhotoThe recent Dubai Air Show, held at a purpose-built venue at Al Maktoum International Airport in 2023, offered some intriguing hints about what’s ahead for DWC – and some insights into Dubai Airports’ long-term strategy. “We have prioritized expansion and investments at DXB to meet our customers’ requirements and plans,” Paul Griffiths, Dubai Airports CEO, tells CNN. Changing the business modelNew artist renderings haven't been released in a decade, but Dubai Airports CEO Paul Griffiths says the team will soon be working on ambitious new designs. It will have capacity for 185 million passengers per year, or almost seven times the number it handled in 2022.

Persons: Al Maktoum, it‘ll, that’s, Hartsfield –, let’s, DWC, ’ Al Maktoum, DWC –, ” Paul Griffiths, ”, Griffiths, ” Griffiths, “, haven't, Paul Griffiths, “ We’re, Mohammed bin Rashid, Nadine Itani, Abu Dhabi’s, Foster Organizations: CNN, Al, Al Maktoum International Airport, Dubai World, Dubai Airports, Dubai International, Al Maktoum International, Hartsfield, Hartsfield – Jackson Atlanta International, Emirates Cargo, UAE, ‘, ’ Al Maktoum International, Dubai Air, Dubai, AFP, Traveller, Emirates, University of Surrey, Hamad International Airport, Kuwait International, Partners, Sharjah International Airport, Air, Riyadh Air Locations: Budapest, Al Maktoum, Dubai, Dubai’s, Eastern Europe, Russia, Central Asia, Emirates, England, India, Middle, Europe, Qatar, Muscat , Oman, Bahrain, Gulf, Kuwait, British, Sharjah, Saudi Arabia, Riyadh, Saudi

☆ FBI: 'Financial sextortion' of teens is a 'rapidly escalating threat.' How parents can protect their kids
▼ + stars: | 2024-02-01 | by ( Greg Iacurci | ) www.cnbc.com time to read: +6 min

Cavan Images | Cavan | Getty Images"Financial sextortion," a type of cybercrime that targets teens and tweens, is on the rise. "Sextortion is a rapidly escalating threat," FBI Director Christopher Wray told the Senate Judiciary Committee in December. Financial sextortion is the fastest-growing crime targeting children in North America and Australia, according to the Network Contagion Research Institute. Wealthy parents are more likely to be lenient about social media use. How to protect your kids from sextortion

Persons: Christopher Wray, Sen, Dick Durbin, Criminals, Tracy Kitten, Kitten, didn't, Oladosu, sextortion Organizations: Getty, FBI, Finance, Network, Research, Yahoo Boys, Meta, Strategy, U.S, YouTube Locations: Cavan, North America, Australia, African, U.S, Nigerian, bitcoin, sextortion

☆ Wizz, a Tinder-like app aimed at teenagers, removed from Apple App Store and Google Play
▼ + stars: | 2024-01-31 | by ( Ben Goggin | Lora Kolodny | ) www.cnbc.com time to read: +6 min

Wizz was removed from the Apple App Store and Google Play this week. Wizz, a social media app growing popular among teens in the U.S., was removed from the Apple app store and Google Play this week. A Google spokesperson said that the Wizz app was suspended from Google Play, the online store for Android apps, on Tuesday. "But if the app store doesn't continue to carry it, they cannot sustain, let alone grow, their user base." Wizz declined to say what steps it would take to try to get reinstated on the Apple App Store or Google Play.

Persons: Wizz, Goldman Sachs, Adam Sohn, Alex Goldenberg, Goldenberg Organizations: Apple, Google, National Center, Sexual, NBC News, Network, Research, FBI, Meta Locations: U.S, French, Miami, United States, North America, Australia

☆ Sextortion is fastest-growing crime targeting minors in North America – and social media companies can do more to stop it, study finds
▼ + stars: | 2024-01-27 | by ( Lora Kolodny | ) www.cnbc.com time to read: +11 min

NCRI, a nonprofit, found cybercriminals used the social apps Instagram, Snapchat and Wizz to find and connect with their marks. And social media platforms should include a distinct category to report sextortion — as Snapchat did in early 2023. Parents and educators should "combat the belief that photos sent on Snapchat disappear, which can create a false sense of security," the NCRI study recommends. The NCRI study also strongly criticized Wizz, concluding: "Sextortion on Wizz is pervasive and dangerous. Apple's App Store and Google Play can also help, the NCRI study suggested, by carefully monitoring complaints about sextortion associated with social media apps, and enforcing their existing policies.

Persons: cybercriminals, Wizz, Paul Raffile, Alex Goldenberg, TikTok, Scribd, sextortion, Snapchat, Goldenberg, screenshotted, General Raúl Torrez, Mark Zuckerberg, Meta, — Kevin Collier, Ben Goggin Organizations: Yahoo, Network, Research, FBI, Yahoo Boys, NBC News, CNBC, NBC, Secret Service, Facebook, YouTube, Meta, gov, National Center for Locations: North America, Australia, West Africa, Michigan, Wizz, New Mexico, U.S

☆ Wizz Air CEO says manufacturers and regulators 'need to do a better job' scrutinising new technology
▼ + stars: | 2024-01-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWizz Air CEO says manufacturers and regulators 'need to do a better job' scrutinising new technologyJózsef Váradi, CEO of European airline Wizz Air, discusses the broader industry and its third-quarter earnings.

Organizations: Wizz, Wizz Air

☆ Air Traffic Climbs at Israel's Tel Aviv Airport in 2023 but War Weighs
▼ + stars: | 2024-01-21 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

By Steven ScheerJERUSALEM (Reuters) - Air travel to and from Israel plunged in the last three months of 2023 amid the Israel-Hamas conflict, but the number of passengers travelling through Ben Gurion International Airport near Tel Aviv still rose 10% in 2023. The number of international travellers reached 21.1 million in 2023, up from 19.2 million in 2022, the Israel Airports Authority (IAA) said in a report on Sunday. But since then, traffic has plunged, culminating in a 78% drop in November and 71% dive in December, the IAA said. Ryanair was third with a 5.4% share, although its number of passengers dipped 12% in 2023. In 2023, 3 million tourists visited Israel, up from 2.7 million in 2022.

Persons: Steven Scheer JERUSALEM, Ben Gurion, Oz, Israel . Bar Oz, Steven Scheer, Bernadette Baum Organizations: Ben Gurion, Israel Airports Authority, Palestinian, Hamas, IAA, Al Israel Airlines, Ryanair, Israel ., Airlines, Lufthansa, Swiss, Tel Aviv . Air France Locations: Israel, Tel Aviv, Gaza, El Al, United States, York's JFK, France, Britain, Austrian, Aegean

☆ Budget airlines like Spirit and Ryanair make up almost a third of global airline capacity. Here's how they do business
▼ + stars: | 2023-12-20 | by ( Magdalena Petrova | ) www.cnbc.com time to read: +3 min

Budget airlines have become common, making a no-frills experience for travelers a core part of their business models. Budget airlines in Europe include EasyJet , Ryanair and Wizz Air, while Asia is served by players such as AirAsia and IndiGo . Some of South America's low budget airlines include JetSmart, GOL and Wingo. Budget airlines try to keep a close eye on their operational costs by maximizing time spent in the air and passenger volume. "You typically see pilot pay a little bit lower on Spirit and Frontier and some of the budget airlines compared to the full service airlines," Keyes said.

Persons: Scott Keyes, Savanthi Syth, Raymond James, Keyes Organizations: Southwest Airlines, Spirit Airlines, Budget, EasyJet, Ryanair, Wizz, AirAsia, IndiGo, CNBC Locations: U.S, Europe, Asia, GOL, Wingo

☆ Could 'carbon passports' that limit how much we travel be in our future?
▼ + stars: | 2023-12-05 | by ( Joey Hadden | ) www.businessinsider.com time to read: +7 min

A recent report on the future of travel includes the concept of a "carbon passport." One tour company is proposing a solution: a "carbon passport" that would limit how much carbon travelers could emit each year. "Carbon passports have taken that idea one step further" because they would involve tracking and limiting travel carbon emissions, specifically, Hawkins added. In reality, a carbon passport would be challenging to implementHawkins and Matt Berna, the president of Intrepid in the Americas, said they didn't see a carbon passport as a quick fix, though. To track your flight's carbon emissions, Berna suggests booking through Google Flights, which has included emissions levels since 2021.

Persons: Paloma Zapata —, Zapata, Alex Hawkins, Hawkins, Matt Berna, Berna, it's, Anna Abelson, Jonathan M, Thierry Monasse, there's Organizations: Future Laboratory, Intrepid, Environmental Protection Agency, Sustainable Travel International, Business, The, Laboratory, Tisch Center of Hospitality, New York University, Airlines, International Air Transport Association, Wizz, Google, European Environment Locations: Americas, Greece, Italy, Albania

☆ Wizz Air narrows profit forecast on difficult operating conditions
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

Wizz Air's aircraft is parked on the tarmac at Ferenc Liszt International Airport in Budapest, Hungary, August 18, 2022. REUTERS/Bernadett Szabo/File Photo Acquire Licensing RightsNov 9 (Reuters) - European budget carrier Wizz Air (WIZZ.L) on Thursday narrowed its annual profit forecast below analyst expectations, citing continuing macroeconomic uncertainty and difficult operating conditions. Wizz Air was also one of the main airlines hit by issues with RTX (RTX.N) engines this year and had said it would face a capacity reduction as a result. That knocked its net income guidance for the financial year to between 350 million euros and 400 million euros ($374.7 million to $428.2 million), down from 350 million to 450 million euros. The budget carrier posted operating profit of 522.9 million euros ($559.8 million) for the six months to Sept. 30, compared with a loss of 63.8 million euros a year earlier.

Persons: Wizz, Bernadett Szabo, Jozsef Varadi, Varadi, RTX, Joanna Plucinska, Yadarisa, Savio D'Souza, David Goodman Organizations: Ferenc Liszt International, REUTERS, Wizz, Aerospace, Thomson Locations: Budapest, Hungary, London, Bengaluru

☆ How European airlines have hedged against fuel price increases
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +5 min

Spot Northwest European jet fuel prices were at $950 per metric ton on Monday, up 4% from before the assault. They also try to hedge against value changes in the U.S. dollar, in which jet fuel is priced. JET2 (JET2.L):The British leisure travel company said in July it had 81.8% of fuel hedged over the next 12 months. Lufthansa has hedged 74% of the fuel it expects to need for 2024 at an average price of $951 per ton. WIZZ AIR (WIZZ.L):The Hungarian carrier said in June it had hedged 62% of its 2024 fuel needs and 53% of the dollars it needs for that fuel.

Persons: Toby Melville, Vueling, IAG, Camilla Borri, Louis van Boxel, Woolf, Marta Frąckowiak, Milla Nissi, Edwina Gibbs Organizations: Heathrow Airport, REUTERS, Brent, U.S ., AIR FRANCE, KLM, Reuters, British Airways, LUFTHANSA, Lufthansa, NORWEGIAN AIR, RYANAIR, SAS, Thomson Locations: London, Israel, Ukraine, Franco, Dutch, Iberia, NORWEGIAN, Norwegian, Gdansk

☆ UK stocks fall as real estate shares drop; economic data on tap
▼ + stars: | 2023-11-06 | by ( Shubham Batra | ) www.reuters.com time to read: +2 min

REUTERS/Toby Melville/File Photo Acquire Licensing RightsSummaryCompanies Real estate shares top losersMelrose surges after unit signs deal with GE AerospaceFTSE 100 down 0.1%, FTSE 250 off 0.4%Nov 6 (Reuters) - UK stocks inched lower on Monday led by a drop in shares of real estate investment trusts, while investors awaited key economic data to assess the strength of the British economy. The commodity-heavy FTSE 100 (.FTSE) edged 0.1% lower, while the mid-cap index FTSE 250 (.FTMC) fell 0.4% after logging its best week in a year on Friday. Shares of real estate investment trusts (.FTNMX351020) shed 1.2% after the index tracking real estate stocks rose sharply last week. Other economic data this week includes housing prices, construction and services activity for October. Reporting by Shubham Batra in Bengaluru; Editing by Varun H K and Eileen SorengOur Standards: The Thomson Reuters Trust Principles.

Persons: Toby Melville, Sanjay Raja, Andrew Bailey, Shubham Batra, Varun, Eileen Soreng Organizations: London Stock Exchange Group, City of, REUTERS, Real, Melrose, GE Aerospace FTSE, Aerospace, Melrose Industries, GKN Aerospace, GE Aerospace, Deutsche Bank, Bank of England, Wizz, Ryanair, JD Sports, Citigroup, Thomson Locations: City, City of London, Britain, Irish, Bengaluru

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