Budget airline Ryanair has announced a raft of improvements in a bid to keep up with its main rival easyJet, chief executive Michael O'Leary said.» Read More
*Deadline for 300 mln euro cash call subscription Wednesday. MILAN, Nov 27- In 2008, Maurizio Prato, then chairman of Alitalia, said only an "exorcist" could save the Italian airline.
Editor: Malcolm Davidson +44 20 7542 6958. BRUSSELS/ FRANKFURT- A leading international think-tank urged the European Central Bank to loosen the purse strings further and buy euro zone government and corporate bonds to accelerate a weak recovery. Credit Suisse private bank co-heads confident of growth.
DUBAI, Nov 12- High fuel costs and weak currencies in some key markets flattened first-half profit growth at Dubai's flagship airline Emirates, signalling Gulf carriers are not immune to the pressures on the industry despite rising passenger numbers.
DUBAI, Nov 12- High fuel costs and weak currencies in some key markets held back first-half profit growth at Dubai's flagship airline Emirates, signalling the Gulf's fast-growing carriers are not immune from a slowdown in the global aviation industry.
DUBLIN/ LONDON, Nov 5- When one Ryanair shareholder made a stinging attack on Chief Executive Michael O'Leary at the airline's annual meeting for scaring off customers with his "bullying" and "macho" style, there was one thing he didn't mention.
*HSBC rises after Q3 results. LONDON, Nov 4- Expectations of monetary stimulus from the European Central Bank, coupled with a rise in HSBC, drove European shares to a 5- year high on Monday. UK bank HSBC rose 2.3 percent to add the most points to the FTSEurofirst 300 after posting a 10- percent rise in third quarter profits and issuing a positive outlook.
Take a look at some of Monday's midday movers:
European equities closed higher on Monday with expectations of monetary stimulus from the European Central Bank (ECB) driving shares.
*HSBC rises after Q3 results. LONDON, Nov 4- Expectations of monetary stimulus from the European Central Bank, coupled with a rise in HSBC, drove European shares to a 5- year high on Monday. British bank HSBC rose 2.9 percent to add the most points to the FTSEurofirst 300 after posting a 10- percent rise in third quarter profits and issuing a positive outlook.
*HSBC up on strong quarterly earnings. *Ryanair, Weir fall on profit warnings. LONDON, Nov 4- Shares in banking heavyweight HSBC gained on Monday on strong results, in a rising market supported at five-year highs by expectations of additional monetary stimulus from the European Central Bank.
*Auto gain after Peugeot says French car registrations rise. *Airlines fall as Ryanair warns on profits. Autos performed strongly after Peugeot said French car registrations rose in October, while airlines fell on a profit warning from Ryanair.
LONDON, Nov 4- European shares rose on Monday, with sentiment buoyed by increased expectations the European Central Bank will strike an equities-friendly dovish tone at a policy meeting this week. That follows a surprise drop in euro zone inflation to 0.7 percent in the year to October, well below the ECB's target of just under 2 percent.
Michael O'Leary, CEO of Ryanair, says the budget airline has "always been cuddly" towards its customers.
Shares in Ryanair traded lower by over 11 percent on Monday after cut its profit forecast for the year.
DUBLIN, Nov 1- Budget airline Ryanair has no plans to radically overhaul the way it is managed and has already unveiled most of the promised customer service improvements in an effort to improve its image, Chief Executive Michael O'Leary told Reuters.
Traffic to Barajas airport has dropped as Spain's economic crisis cut domestic tourism and business travel. Investment bank Lazard and Spain's N +1 brokerage are helping with a search for investors for a public launch of at least 49 percent of Aena, which operates 46 Spanish airports and London's Luton, and has stakes in 14 Latin American airports.
MEXICO CITY/ PARIS, Oct 21- Mexican budget airline VivaAerobus has ordered 52 Airbus A320-family jets from Airbus, the European planemaker said on Monday, in a record-breaking deal worth $5.1 billion. The order includes 40 A320neo jets, said Rafael Alonso, Airbus executive vice president for Latin America and the Caribbean.
MEXICO CITY, Oct 21- Mexican budget airline VivaAerobus has ordered 52 Airbus A320-family jets from Airbus, an official at the European planemaker said on Monday, in a deal worth $5.1 billion. The order includes 40 A320neo jets, said Rafael Alonso, Airbus Executive Vice President for Latin America and the Caribbean.
Of the order, 40 are for the A320neo model, Rafael Alonso, Airbus Executive Vice President for Latin America and the Caribbean, told reporters in Mexico City. Airbus said VivaAerobus, which has previously used Boeing aircraft, had also ordered 12 A320ceo, with a combined list price of $1.1 billion.
Norwegian, which this year became the only European budget airline to fly transatlantic routes, will fly to New York, Los Angeles and Fort Lauderdale from London's Gatwick airport, using its new Boeing Dreamliners, it said on Thursday.