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Europe markets extended losses to close lower Tuesday, following U.S. stocks into negative territory with investors reacting to corporate earnings and Greece concerns.
Ryanair reported a 66 percent jump in profit after tax for the year to March after passenger numbers grew almost three times the targeted level.
Tumbling oil prices could mean cheaper flights, which the CEO of Ryanair said would be "very good" for the Irish budget airline's growth.
The Germanwings air tragedy in France this week could push the European Aviation Safety Agency (EASA) to aannounce new safety recommendations.
European equities closed mixed on Monday, after a volatile day of trading.
Ryanair cautioned that profits would only rise modestly in the year ahead, as low oil prices help rivals to cut fares.
Board of Irish airline recommends raised 1.36 billion euro takeover offer from the owner of British Airways.
IAG approach on Aer Lingus looks set to land safely after the Irish flag-carrier said it is considering a deal to shareholders.
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The owner of British Airways and Spain’s Iberia has increased its takeover bid for Aer Lingus, say sources. The Financial Times reports.
With players like IAG, the Irish government, and Ryanair this could be one of the more entertaining bid battles of recent time.
European markets closed lower on Thursday after ECB President Mario Draghi's press conference disappointed investors hoping for more stimulus.
Ryanair shares opened 9.5 percent higher on Thursday, after the low-cost airline raised its profit guidance.
European shares closed largely flat on Friday, although oil majors fell sharply after OPEC decided not to cut its output target.
Low-cost airline easyJet reported a 21.5 percent jump in annual profit prompting it to raise its dividend.
Some of Monday's midday movers:
All major European indexes closed lower on Monday after data revealed euro zone manufacturing activity expanded less than expected in October.
Ryanair hiked its profit forecast by 18 percent on better-than-expected winter bookings and said it would cut fares by up to 10 percent in the spring.
Travel-related shares were mixed after N.Y. officials confirmed the state's first case of the Ebola virus, but losses were capped by upbeat earnings.
Lufthansa cancelled 1,450 flights amid a pilots strike, compounding travel woes after millions were stranded by a weekend-long train drivers' stoppage.