ANONYMOUS INVESTOR TO RESCUE AER ARANN
According to development in the high court, an anonymous investor is preparing to take a stake in Aer Arann but only if the scheme designed to ensure the airline’s survival is approved. Some €3.5 m...
According to development in the high court, an anonymous investor is preparing to take a stake in Aer Arann but only if the scheme designed to ensure the airline’s survival is approved. Some €3.5 m...
Natixis has promoted Pierre Debray to global head of asset and international trade finance, reporting to the corporate and investment bank’s debt and finance division. The role gives him oversight o...
Unions representing French pilots and cabin crew have announced a four-day strike against government plans to tax various job-related perks. Strikes against pension reforms hit domestic and internat...
From today, Band A, which covers destinations in Europe, will rise 9% to £12 for economy and £24 for premium flights. Band B, which includes Egypt and the US, will increase by 33% to £60 economy and...
EasyJet has said it is offering passengers travel insurance on board the aircraft while en route to their destinations. The service has been launched because the airline found that one in five holid...
British Airways delivered its first profits in two years last Friday and received praise from brokers everywhere. But its shares then fell 2% in trading. The BA share price fell 5p to 275.9p at the ...
Airberlin has announced it will launch the first-ever non-stop flight between Dubai and the German capital, Berlin. The new route will launch on 4 November. Joachim Hunold, Chief Executive Officer...
Irish low cost carrier Ryanair flew out of Belfast City for the last time on Sunday after a public inquiry into a proposed runway was further delayed. All services from the destination, including L...
The European Commission is expected to turn down the Maltese government’s proposal to inject €100 million into Air Malta’s shareholding capital. The Maltese government now has no option but to go f...
Estonian Air has reaffirmed an order with Bombardier for three CRJ900s with options for two more. This new agreement replaces a firm order for three CRJ900s announced on March 10, 2008 as part of a ...
Iberia has posted consolidated net profit of €74 million ($103 million), from a €16 million deficit for the same period last year. Revenues increased by 15.8% to €1.35 billion. Operating expenses ro...
Ryanair has just posted a half-year profit of £393m fuelled by a 12 per cent hike in average fares and a 22% increase in ancillary revenues. In addition the airline saw a 10 per cent increase in pa...
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