The Dublin-based company hopes having a business class will allow it to capture three-fourths of all work travel between in its two biggest markets.» Read More
DUBLIN— European budget carrier Ryanair is offering business-class tickets in an attempt to woo companies and governments during penny-pinching times. Ryanair says more than a quarter of its passengers already are business travelers.
*FTSEurofirst 300 down 0.2 pct, Euro STOXX 50 down 0.1 pct. *Ryanair, Reckitt outperform on earnings, dealmaking. LONDON/ PARIS, July 28- European stocks edged lower on Monday, with unspectacular U.S. data and new European sanctions against Moscow offsetting strong earnings updates from firms like Ryanair and spin-off talk from Reckitt Benckiser.
LONDON, July 28- Ryanair boss Michael O'Leary said on Monday that the airline was not particularly interested in acquiring troubled Cypriot carrier Cyprus Airways, which he said had huge legacy issues.
*FTSEurofirst 300 flat, Euro STOXX 50 up 0.1 pct. *Ryanair, Reckitt outperform on earnings, dealmaking. LONDON/ PARIS, July 28- European stocks traded flat on Monday, with strong earnings updates from firms like Ryanair and spin-off talk from Reckitt Benckiser balancing concerns over the implications of new international sanctions on Russia.
PARIS, July 28- European stocks reversed early gains and dipped on Monday morning, adding to the previous session's losses, with Germany's Wincor Nixdorf sinking after it slashed its sales forecast.
PARIS, July 28- European stocks rose in early trade on Monday, regaining their poise after a drop in the previous session, with Ryanair surging 5 percent after the airline boosted its annual profit outlook.
Irish airline enjoys better-than-expected first quarter in which net income rose 152 percent from a year earlier.
The company forecast that pretax profits for the 12 months to the end of September would be in the range of 545 million pounds to 570 million pounds and the range included the impact from situations in Israel, Egypt and Moscow.
European shares pared losses to close mixed on Friday with investors cautious after a passenger jetliner was shot down in eastern Ukraine.
EDINBURGH, July 18- European stocks fell on Friday, extending losses made late in the previous session after a passenger plane was shot down over eastern Ukraine, fuelling tensions between Russia and the West. Airline stocks such as Deutsche Lufthansa and Ryanair were 1.5 percent lower, as major travel companies rerouted flights to avoid Ukranian airspace.
*Wizz Air has grown to be biggest low-cost carrier in eastern Europe. Organic expansion in the region and as far afield as Moscow, Tel-Aviv or Dubai is set to continue while a new phase of growth is likely to come from Wizz Air exploiting the difficulties of state-backed regional airlines that are struggling to survive.
LONDON, July 13- Engine maker Pratt& Whitney unveiled an enhancement to its engine for the Airbus A320neo plane on Sunday that it says will improve fuel burn efficiency by a further 2 percent, stepping up the battle with rival CFM.
SEEHEIM, Germany, July 9- Lufthansa may launch low-cost long-haul flights under a new brand as part of plans by the company's new boss to battle competition from Middle East carriers and no-frills airlines.
European shares closed flat on Monday, at the start of a week packed with important economic data.
DUBLIN, June 30- Ryanair's finance chief Howard Millar is to step down after 23 years, becoming the second deputy chief executive at the low-cost carrier to resign in the past 12 months.
European shares closed down on Monday, as investors concentrated on events in Iraq and a slew of euro zone data.
European shares closed higher as investor sentiment received a boost from the Federal Reserve who said the U.S. economy is rebounding.
NEW YORK, June 18- Cramming clothes into carry-on bags may not appeal to travelers in Europe this summer, but the alternative could be worse; checked luggage is nearly three times more likely to arrive late in Europe than in the U.S. due to complex airport transfers and strikes.
*Violence from Iraq to Kenya fuels profit taking. LONDON, June 16- European stocks slipped on Monday, adding to last week's retreat as mounting violence from Iraq to Kenya pummelled travel shares and prompted investors to cash in on recent gains.
European shares closed slightly down flat on Friday amid concerns of escalating tensions in Iraq and rising oil prices.