Aerospace & Defence
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LONDON - After securing approval of the Irish government for its takeover offer for Aer Lingus , British Airways-owner IAG must now seek the backing of the Irish airline's other major shareholder, Ryanair , to seal the deal.
BRUSSELS - European Union antitrust regulators will decide by July 1 whether to clear British Airways-owner IAG's takeover bid for Irish peer Aer Lingus , the European Commission said on Wednesday.
AMSTERDAM - Airbus Group ended the suspense over the future of its chief executive on Wednesday, saying its board had asked German-born Tom Enders to serve for at least one more term after his mandate expires in 2016.
DUBLIN - The chief executive of British Airways owner IAG on Wednesday ruled out any increase in the price offered for Aer Lingus shares to convince 30-percent shareholder Ryanair to back the deal.
PARIS - Airbus is poised to increase assembly of its latest A350 model after getting off to a deliberately slow start to curb risks, the head of Airbus programmes, Didier Evrard, said.
DUBLIN - The Irish government agreed to sell its 25 percent stake in Aer Lingus to IAG , paving the way for the owner of British Airways and Iberia to formally launch its 1.36 billion euro (960 million pounds) bid for the Irish carrier.
LONDON - Eastern European-focused budget airline Wizz Air reported a 67 percent jump in annual profit and said it was confident of further profit growth this year as it continues to expand capacity.
DUBLIN - Ryanair forecast a 10 percent rise in profit and passenger numbers in its current financial year as it targets more primary airports and improves its online offering to compete better with rivals such as easyJet and former flag carriers. | Video
DUBLIN - The Irish government agreed on Tuesday to sell its 25 percent stake in Aer Lingus to IAG , paving the way for the owner of British Airways and Iberia to make a formal bid for the Irish carrier.
PARIS - French investigators have opened a probe after an Air France jet with some three dozen people on board narrowly avoided hitting the highest mountain in central Africa in early May, according to information published by France's BEA air accident agency.
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- Apple Inc has found a bug which can cause iPhones to crash when a message containing a specific string of text is received.