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
LONDON, Oct 9- Flights to and from France face disruption on Thursday due to a strike by air traffic controllers that has prompted companies including EasyJet, Ryanair and Lufthansa to scale back their normal schedule.
BRUSSELS, Oct 9- Greece's Aegean Airlines has won European Union approval to buy loss-making rival Olympic Air at the second attempt, after a new antitrust investigation found Olympic would close down if the deal was blocked.
OSLO, Oct 3- Norwegian Air CEO Bjoern Kjos was on his way to Thailand last month to celebrate the opening of his budget airline base but instead got a lesson in why many low-cost carriers have failed in the long-haul market.
*Ryanair fined over labour code violations at Marseille hub. AIX-EN-PROVENCE, France, Oct 2- A French court imposed 10 million euros of fines and damages on Ryanair on Wednesday for labour law breaches and the airline said it would appeal to European courts.
*Ryanair fined over labour code violations at Marseille hub. AIX-EN-PROVENCE, France, Oct 2- A French court ordered low-cost carrier Ryanair to pay over 8 million euros in fines and damages on Wednesday over labour code breaches linked to treatment of local workers hired on foreign contracts.
*Treasury minister seeks compensation from Boeing. WARSAW, Oct 2- Poland is determined to get compensation from Boeing for the glitches haunting its 787 Dreamliner jets which are used by the country's state-controlled carrier LOT, its treasury minister said on Wednesday.
*Republic shares up 5 percent. Oct 1- Airline pioneer William Franke is looking to bring more low airfares to U.S. air travelers, with his firm agreeing to purchase Frontier Airlines from Republic Airways Holdings. The list of low-cost carriers Franke has ran or invested in also includes Volaris of Mexico, Wizz Air in Hungary and Tiger Airways in Asia.
LONDON, Sept 25- Ryanair is positively disposed towards the Boeing 737 Max after talks with the U.S. aircraft maker over a possible order for up to 200 of the planes, its chief financial officer said on Wednesday. Ryanair said in June that it could place an order by the end of the year.
*First time Ryanair has admitted customer service problem. DUBLIN, Sept 20- Ryanair, Europe's biggest budget airline, has promised to transform its "abrupt culture" in a bid to win customers from costlier rivals, admitting for the first time that a reputation for treating its passengers badly might have become a problem.
European shares closed higher on Thursday, after both the European Central Bank (ECB) and the Bank of England (BoE) voted to maintain ultra-loose monetary policy.
BRUSSELS, Sept 5-- The EU agreed to a deal late Wednesday to scale back its law regulating carbon from flights as U.N. negotiators pledged to craft a global pact on aviation emissions that would not take effect for seven years.
European shares pared losses in afternoon trade on Wednesday to close higher, thanks to a strong open in the U.S. markets. However, airline shares suffered after a profit warning from Ryanair.
*Ryanair sees weak autumn in European aviation; shares fall. DUBLIN, Sept 4- Europe's biggest budget airline Ryanair could miss its annual profit target for the first time in a decade, it said on Wednesday, blaming lower demand across the continent and a weaker currency in its largest market, Britain.
*Travel shares down as Ryanair slides. President Barack Obama won backing for a strike from key Congress figures and Russia said it did not rule out agreeing to military action if Damascus were proven to have carried out a chemical weapons attack there.
Stephen Furlong, senior equity analyst at Davy Research, explains that despite warning on guidance, Ryanair remains confident of its cash flow generation power.
Europe shares pegged back by Syria concerns. LONDON, Sept 4- The risk of military action on Syria and imminent central bank policy decisions kept the dollar near a six-week high on Wednesday and checked any gains in shares and oil from upbeat data on the global economy.
*Europe shares pegged back by Syria concerns. LONDON, Sept 4- Concerns about Syria and looming central bank policy decisions held the dollar near a six-week high on Wednesday and kept shares and oil under pressure despite upbeat data on the global economic recovery.
Ryanair's stock price tumbled on Wednesday after it announced that it may miss its full year profit guidance and will cut its winter capacity.
*Ryanair drags down airlines after profit warning. LONDON, Sept 4- European shares edged lower on Wednesday, with Italian stocks hit by domestic political uncertainty while airlines suffered from a profit warning by Ryanair and the risk of higher oil prices in case of an attack on Syria.
*Saxo recommends options for those seeking Syria protection. LONDON, Sept 4- European shares edged lower on Wednesday, with signs of improvement in the global economy outweighed by concerns about the situation in Syria.