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EasyJet says possible US bid 'highly opportunistic' as shares jump 10%EasyJet responded on Monday by saying it has not held talks with Castlelake but it would assess any potential offer if one was made, noting...
Airlines slash flights and raise fares as fuel crisis begins to hit travellers hardGlobal airlines are slashing flights and hiking fares due to soaring jet fuel costs and supply worries, exacerbated by the Iran conflict. M...
Iran war, jet fuel concerns cloud airlines' summer holiday plansEuropean airlines face significant challenges as the Iran war escalates jet fuel prices and disrupts Middle East travel, threatening the su...
Global Markets | European shares slide as Middle East ceasefire hangs in balanceEuropean shares declined on Monday, on concerns that a ceasefire between the U.S. and Iran might collapse after Washington said it had seiz...
EasyJet warns Iran war to hit summer bookings, deepen first-half lossEasyJet anticipates a larger first-half loss, citing soaring fuel costs driven by the Iran war and a slowdown in summer bookings. The airli...
Global Markets | European shares inch higher on Middle East peace prospects; earnings in focusEuropean shares edged higher on Thursday as growing optimism about a potential resolution to the Middle East conflict lifted market sentime...
Why is the US stock market rallying so sharply today? Dow jumps 1200 points while S&P 500 and Nasdaq surge over 2% on ceasefire optimismUS stock market today surged sharply, with the Dow Jones Industrial Average jumping 1,200 points, while the S&P 500 and Nasdaq Composite ga...
European shares drop amid caution after Israel's attacks on IranEuropean shares opened sharply lower on Friday after Israel's attack on Iran dented global risk sentiment and sent investors flocking to sa...
European airline stocks tumble after Israel strikes on IranEuropean airline stocks plummeted as Israel's strikes on Iran sent oil prices soaring and triggered a flight from risk assets. Lufthansa, A...
European shares tumble on fears over new virus variantThe pan-European STOXX 600 index fell 3.3 per cent by 0819 GMT, on course for its worst session in over a year, while UK's FTSE 100 dropped...
European shares bounce as airlines pitch recoveryThe pan-European STOXX 600 index rose 1.2 per cent by 0703 GMT.
European shares under pressure from chipmakers, Ryanair, trade worriesThe pan-European index was down 0.1 per cent by 0735 GMT with most indices in the red.
European shares fall as earnings kick in, Umicore weighsThe oil and gas sector was among the lone bright spots with Royal Dutch Shell, British Petroleum and Total, up between 1.7 percent and 2 pe...
IndiGo brings in new names in Indian IPO marketBankers to IndiGo IPO are Citigroup Global Markets India, JPMorgan India, Morgan Stanley, Barclays Bank, Kotak Mahindra & UBS Securities In...
How CEO Neil Mills helped SpiceJet weather headwinds through his contrarian routes“In this industry, the challenge is constant,” says Mills. “We keep jumping from one crisis to another. There’s no other industry that move...
- Ryanair upbeat as fares, passenger traffic climb
Europe's biggest low-cost airline Ryanair sees its full-year profit at the upper end of expectations as rising passenger numbers and averag...
- Budget carrier easyJet warns of lower profits due to fuel bill
Budget airline easyJet PLC said it will cut flights over winter to trim costs as it revealed it expects full year pretax profit to fall as ...
- Budget carriers are facing an identity crisis
The days of no-frills airlines look numbered as pricing and legal pressures mount.
- Europe asks airlines to start carbon trading in ’12
European regulators proposed to demand airlines including EasyJet, British Airways and American Airlines curb emissions starting in 2012, i...
- BAA faces UK anti-trust probe, may break up London assets
Grupo Ferrovial’s BAA unit, the world’s biggest airport operator, faces a possible breakup of its London holdings after the division was re...