Lufthansa cancelled 1,450 flights amid a pilots strike, compounding travel woes after millions were stranded by a weekend-long train drivers' stoppage.» Read More
PARIS/ DUBLIN, Sept 5- Ryanair is in advanced talks to buy around 100 of a high-density version of Boeing's 737 MAX jetliner in a potential $10 billion deal that could be finalized within weeks, two people familiar with the matter said.
International Airlines Group reported a 55 percent rise in second-quarter operating profit, mainly due to a recovery at Iberia airline.
Following last year's unprecedented policy change, China's budget carriers may now hold the key to the future of aviation in the mainland.
*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.
European shares closed lower on Monday, with investors focused on corporate earnings as well as developments in Ukraine and Gaza.
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.