This week on "Talking Squawk": David Tepper's "My Cousin Vinny" market call, Cisco's John Chambers, Bloomberg's "Surveillance," the IRS, the AP, and big hair and Sony.» Read More
This week on "Talking Squawk": David Tepper's "My Cousin Vinny" market call, Cisco's John Chambers, Bloomberg's "Surveillance," the IRS, the AP, and big hair and Sony.
LONDON, May 15- Low-cost airline easyJet cut its losses in half in the six months to April and is nearing a decision on whether to upgrade its fleet with updated Airbus or Boeing jets.
Low-cost airline easyJet halved its losses in the first half, helped by Easter falling earlier and customers escaping cold weather in Britain and Northern Europe.
DUBLIN, May 15- Ryanair aims to grow much faster than previously indicated over the next five years in a bid to exploit the weakness of mid-tier European rivals struggling with recession, the firm's chief operating officer has told Reuters.
DUBLIN, May 2- Ryanair Holdings PLC:. *Says April passenger numbers up 2 percent versus year ago to 7.4 million. *Says April load factor 81 percent.
ISTANBUL, April 26- Shares in Turkish low-cost carrier Pegasus Airlines rose on their stock market debut on Friday, valuing it at more than $1 billion in a listing closely watched by peers also considering flotations. The airline said in March the offer, managed by Barclays and Is Investment, would help fund its expansion.
*FTSEurofirst down 1.6 percent, Euro STOXX 50 down 1.4 pct. LONDON, April 5- European shares fell on Friday to post their biggest daily fall of 2013 after U.S jobs figures came in much lower than expected. "It's a bad number, much worse than consensus or the whisper numbers that were being circulated," Joshua Raymond, strategist at City Index, said.
*Germany's DAX falls sharply on technical factors. LONDON, April 5- European shares fell to a one-month low in choppy trading on Friday, with selling aggravated by a sharp fall in the German DAX index and last-minute concerns that U.S. jobs data could disappoint.
*Airlines fall on Asia bird-flu concerns. Airlines stocks also put downward pressure on the market, hit by concerns the spread of bird flu in Asia could hurt air traffic. The fundamentals are not as supportive as they were this time last year, " Gerard Lane, equity strategist at Shore Capital, said.
PARIS, April 4- European planemaker Airbus looks set to challenge Boeing for top place in the order race in the first quarter after falling behind its U.S. rival in 2012, data showed on Thursday.
SINGAPORE, March 24- Lion Air's record aircraft orders underline the ambitious plans the privately held Indonesian group is hatching to emerge as a pan-Asian low cost carrier, throwing a serious challenge to AirAsia Bhd, the region's biggest budget airline.
The business news cycle this week was dominated by the financial health of Cyprus. "Squawk Box" was all over that story, but we still managed to have some fun.
*Travelers left stranded in Frankfurt. FRANKFURT, March 21- Lufthansa canceled close to 40 percent of its flights on Thursday as staff went on strike on the eve of wage talks with the German airline, which is trying to cut costs to compete with Middle East and low-cost carriers.
PARIS/ SEATTLE March 20- Delta Air Lines Inc is in talks to purchase small and wide-body jets from Airbus and Boeing in deals potentially worth about $6 billion at list prices, two people familiar with the matter said.
*Ryanair to buy 175 Boeing current generation 737 s. DUBLIN/ NEW YORK, March 19- Ryanair handed Boeing its largest European order on Tuesday with a deal worth $16 billion at list prices to buy 175 passenger jets, boosting the U.S. planemaker and underlining the Irish airline's domination of Europe's low-cost market.
March 19- Boeing Co has not had any difficultly closing major aircraft orders despite the ongoing battery problems with its 787 passenger jet, commercial airplanes chief Ray Conner said on Tuesday. We have a lot of people working on the 787 situation...
*Ryanair to buy 175 Boeing current generation 737 s. DUBLIN, March 19- Ryanair handed Boeing its largest European order on Tuesday with a provisional $16 billion deal to buy 175 passenger jets, boosting the struggling U.S. planemaker and underlining the Irish airline's domination of Europe's low-cost market.
Despite "unfair commentary" on the 787 Dreamliner, Boeing makes great aircraft, Ryanair CEO told CNBC, following the purchase of $15.6 billion worth of new Boeing jets.
CNBC's Phil LeBeau reports the latest details on Ryanair's announcement to buy 175 Boeing jets for $15.6 billion.
NICOSIA- Cyprus's government proposes to spare small savers from a divisive levy on bank deposits but says it expects parliament to reject the measure needed to secure an international bailout and avoid default and a banking collapse. (EUROZONE- CYPRUS/, expect by 1430 GMT/ 1030 AM EDT, by Michele Kambas and Karolina Tagaris, 940 words). -CYPRUS- FRANCE/, moved, 260 words.