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United Kingdom

Airlines

Norwegian Air under pressure to boost finances

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OSLO/LONDON Norwegian Air , the fast-growing budget airline trying to crack the transatlantic market by undercutting established rivals, faces mounting pressure to control costs and shore up its balance sheet to weather fierce competition.

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Reckitt, airlines rattle FTSE 24 Jul 2017

LONDON Britain's top share index fell on Monday as heavyweight Reckitt Benckiser dropped following its results and as airlines were hit by price war worries.

Ryanair says in talks with Boeing about possible Max 10 order 24 Jul 2017

DUBLIN Ryanair has held talks with Boeing about its new larger version of the 737 airliner, the MAX 10, but has made clear it would only be interested if the price is lowered, Ryanair Chief Executive Michael O'Leary said on Monday.

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Autos, airlines hit in sluggish start to European trading week 24 Jul 2017

LONDON European shares dipped on Monday with the autos sector hitting its lowest level this year after anti-trust regulators opened an investigation into regional carmakers while price war worries hurt airlines.

Exclusive: Tanzania questions Acacia Mining staff in row with government 21 Jul 2017

LONDON Tanzania detained and questioned two senior local Acacia Mining staff at an airport this week in a dispute with the government, two sources said on Friday, and the company said it was having trouble renewing work permits for foreign staff.

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U.S. ends controversial laptop ban on Middle East carriers 20 Jul 2017

DUBAI The United States has ended a four month ban on passengers carrying laptops onboard U.S. bound flights from certain airports in the Middle East and North Africa, bringing to an end one of the controversial travel restrictions imposed by President Donald Trump's administration.

Oman Air in talks with Airbus, Boeing to expand wide-body fleet to 25 jets 20 Jul 2017

KUALA LUMPUR Oman's national airline is in talks with planemakers Airbus and Boeing to expand its wide-body fleet to 25 jets and hopes to conclude the deal in the next two to three months, its chief executive said on Thursday.

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Etihad Airways sells first airline stake since launching review 20 Jul 2017

ABU DHABI/DUBAI Etihad Airways has sold its minority stake in European regional carrier Darwin Airline, the first divestment since launching a strategic review last year and just weeks after chief executive James Hogan left the Abu Dhabi carrier.

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EasyJet caution on pricing overshadows profit upgrade 20 Jul 2017

LONDON Cautious comments by British budget airline easyJet on the outlook for summer pricing hit its shares and those of rival airlines on Thursday, overshadowing an increased profit target after a strong quarter.

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UK to crack down on 'rip off' card fees 19 Jul 2017

LONDON Britain will stop companies ranging from takeaway food apps to airlines from charging an extra fee to consumers who want to use credit cards and other payment services, the finance ministry said on Wednesday. | Video