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Carolyn McCall, the outgoing CEO of easyJet.

easyJet’s share price pops 6% despite a 17% dive in profits

The budget airline took a £101 million hit from adverse currency movements but revenue rose 5% as rivals went bust or struggled with operational issues.

One of American, Delta, and United’s most feared rivals just suffered a major blow

Etihad lost $1.87 billion last year. Much of it blamed on its investment in airlines such as Air Berlin and Alitalia.

Germany’s second largest airline is in grave danger of going bust

Air Berlin has filed for insolvency. Etihad's more than $2 billion investment couldn't turn around the German Airline.