|Bid||0.00 x 123000|
|Ask||680.00 x 327100|
|Day's Range||609.00 - 620.60|
|52 Week Range||497.60 - 773.19|
|PE Ratio (TTM)||5.60|
|Earnings Date||May 4, 2018|
|Forward Dividend & Yield||0.25 (3.43%)|
|1y Target Est||7.15|
LONDON/BERLIN, Feb 13 (Reuters) - Being offered cash at the gate to take a later flight because of overbooking may become a rarity if technology being examined by major airlines such as British Airways, JetBlue and Qantas catches on. The forceful removal of a passenger from an overbooked United Airlines flight last year sparked an online backlash last year and U.S. carriers pledged to revise their policies. Many airlines still routinely overbook flights because a small number of passengers do not show up.
Norwegian Air plans to serve new destinations in South America from London, prompted by strong demand for flights to Buenos Aires which begin this week as it ramps up its budget operation on long-haul routes. Norwegian's South American expansion plans could open up a new front in the transatlantic travel battle between budget carriers and traditional long-haul players such as British Airways parent IAG, Air France-KLM and Delta . "I can assure you that the UK will get more routes into South America than Buenos Aires," CEO Bjorn Kjos told a press conference in London on Tuesday.
London's City Airport reopened and was operating as usual on Tuesday, the airport said, after a World War Two bomb which was found nearby was safely removed from the River Thames. All flights to and from the airport were cancelled on Monday after the half-tonne ordnance was found at the nearby George V Dock in east London, and a 200-metre exclusion zone was also put in place. "The World War Two ordnance discovered in King George V Dock has been safely removed by the Royal Navy and Met Police," Robert Sinclair, CEO of London City Airport said in a statement.
All flights to and from London's City Airport were cancelled on Monday after an unexploded World War Two bomb weighing half a tonne was found buried in silt in the River Thames. Police said they expected the bomb at George V Dock in east London would be removed by early Tuesday, having set up a 200-metre exclusion zone after the ordnance was found during work at the airport on Sunday. The Metropolitan Police said properties within the exclusion zone had been evacuated and a number of roads were cordoned off.
Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. In the past 2 years InternationalRead More...
London City Airport, an important hub for business travelers, canceled all flights on Monday to allow for the removal of an unexploded World War II bomb discovered during a construction project.
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European stock markets rose again on Tuesday, propelling the region’s benchmark index to a more-than two-year closing high as traders welcomed the end of the U.S. government shutdown and a round of solid ...
Former Formula One motor-racing champion Niki Lauda is poised to take back control of the airline that bears his name after fending off a rival bid from British Airways owner IAG SA.
A start-up airline in the United States has offered a 25 percent stake to Qatar Airways, Chief Executive Akbar al-Baker said on Wednesday, giving the Gulf carrier a second chance to buy into a U.S. airline. Qatar Airways tried to buy up to 10 percent of listed American Airlines last year, but changed its mind in August after opposition from the U.S. carrier's management.
After a legal spat, Airline Niki's German administrator Lucas Floether and his Austrian counterpart Ulla Reisch said in a joint statement on Tuesday that they would cooperate closely on sealing a deal on the future of the insolvent airline. Floether said as recently as Friday that he was considering legal action against an Austrian court ruling that Niki's main insolvency proceedings had to move to Austria from Germany after Floether had already agreed Niki's sale to British Airways owner IAG.
Lighthouse Group and International Consolidated Airlines Group may be trading at prices below their likely values. This suggests that these stocks are undervalued, meaning we can benefit when the stockRead More...
British Airways owner IAG SA’s Irish and Spanish businesses spurred gains in passenger traffic at the company last year as expansion at the U.K. arm slowed.
The following bids, mergers, acquisitions and disposals were reported by 1345 GMT on Wednesday: ** Dominion Energy Inc said it would buy troubled utility Scana Corp in an all-stock deal worth about $14.6 billion, including debt. ** China's ride-hailing application Didi Chuxing has agreed to acquire a majority stake in Brazilian app 99, newspaper Valor Economico said, citing sources familiar with the talks. ** Ant Financial's plan to acquire U.S. money transfer company MoneyGram International Inc collapsed on Tuesday after a U.S. government panel rejected it over national security concerns, the most high-profile Chinese deal to be torpedoed under the administration of U.S. President Donald Trump.
European stocks faltered at the start of the trading year on Tuesday as an impressive run-up in metals and mining stocks reversed, while strength in oil companies and banks was not enough to stop the slide. The pan-European STOXX 600 index dipped 0.2 percent in early deals, while euro zone stocks fell 0.3 percent. Basic resources stocks weighed the most, with the sector index down 0.6 percent.
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British Airways parent International Consolidated Airlines Group SA Friday said it would buy assets from defunct Air Berlin PLC to bolster its own budget unit Vueling.
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Now Japan Airlines Co Ltd and Virgin Group are backing one of the three U.S. supersonic projects, Denver-based Boom Technology Inc, which plans a 55-seat all business class jet. Lockheed Martin Corp is partnering with Aerion Corp to develop smaller supersonic business jets, with Spike Aerospace Inc also targeting the private jet market given many see the super-rich as the likeliest early adopters of supersonic travel.
** Air Berlin's unit Niki can keep its valuable runway slots while Austria's Transport Ministry examines its insolvency filing, the airspace regulator said amid growing interest in the carrier from potential bidders.
Spirit Airlines (SAVE) announces a new CEO as it aims to improve efficiencies. The carrier has also been adding new routes constantly as part of its expansion initiatives.
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British airlines will lose all flying rights the European Union has negotiated with third countries as well as those negotiated by individual EU states after Britain quits the bloc, the EU executive said in a note. In a notice to all airlines, a stark reminder of the risks facing the sector if there is no Brexit deal, the European Commission said UK air carriers would no longer enjoy traffic rights under any air transport agreement to which the EU is a party, such as the U.S.-EU Open Skies agreement.