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
European shares closed lower on Wednesday, having failed to find any real momentum during the session.
JPMorgan, Morgan Stanley and Citigroup are underwriting the IPO, the company said in a preliminary prospectus filed with the U. S Securities and Exchange Commission. Avolon is backed by private equity firms Cinven Ltd, CVC Capital Partners Ltd and Oak Hill Capital Partners, as well as Singapore's sovereign wealth fund.
June 9- Aircraft leasing company Avolon Holdings Ltd filed with U.S. regulators on Monday to raise up to $100 million in an initial public offering of common shares. J.P. Morgan, Morgan Stanley, and Citigroup were underwriting the IPO, the company told the U. S Securities and Exchange Commission in a preliminary prospectus.
Take a look at some of Monday's midday movers:
European shares closed mixed with traders with concerns over stock valuations, policy action from the ECB and upcoming elections in the region.
Ireland has been "unfairly singled out" as a tax haven for corporations, Ryanair CEO Michael O'Leary tells CNBC. "I wish we were, but we're not."
European budget airline Ryanair posted its first fall in full-year net profit in five years, as the company tackled a tough environment.
The "Halftime Report" traders share what stocks they would gift mom along with flowers.
DUBLIN, April 30- Low cost carrier Ryanair said on Wednesday it had agreed to buy five more Boeing 737-800 aircraft, taking its order book to 180 new Boeing planes worth over $16 billion. Ryanair, Europe's largest airline by passenger numbers, said four of the five planes would be delivered in the summer next year, with the fifth coming in Feb, 2016..
Appetite for stocks was boosted by a recovery on Wall Street overnight, although rising gold and oil prices demonstrated the market's vulnerability to continued tensions in Ukraine, where the United States accused Russian agents on Tuesday of stirring separatist unrest.
The vote marks the end of three years of wrangling, during which China and the United States had threatened retaliation if the EU forged ahead with plans to regulate flights originating in their countries in a bid to curb the aviation sector's rising output of heat-trapping gases blamed for climate change.
*Nat Rothschild's Twitter insult becomes a global story. LONDON, April 2- When Nat Rothschild, the co-founder of troubled miner ARMS, insulted his former investment partner on Twitter last week, he showed the power of social media for business leaders seeking publicity- but also the perils of saying the wrong thing.
LONDON, March 21- European shares edged higher in choppy trading on Friday and recorded their biggest weekly gain in a month, helped by a rally in basic resources stocks and some positive technical buying signals.
European markets closed higher on Friday, capping off a week which saw investors absorb U.S. data and brush aside Ukraine concerns.
LONDON, March 21- European shares headed for their biggest weekly gain in a month on Friday, supported by a rally in basic resources stocks and some positive technical buying signals.
*Ryanair top gainer after well-received analyst day. LONDON, March 21- European shares were set for strong weekly gains on Friday, demonstrating an ability to shrug off concerns over the Crimean crisis as strength in Ryanair and the mining sector helped growth sensitive sectors higher.
Vueling and Iberia became the latest European airlines to allow to the use of electronic devices during all stages of a flight.
DUBLIN, March 7- Ireland's largest listed companies are confident over half a decade of weak earnings, gloomy outlooks and shrinking dividends are behind them and that the economic upturn under way is sustainable and sensible.
Budget airline Ryanair will offer flights to the U.S. for as little as 10 euros ($13) when it acquires the long-haul aircraft to fly the routes, the airline's chief executive has said.
Some of Monday's midday movers: