Airlines

Wizz Air prefers organic growth to acquisitions

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BUDAPEST - Central and Eastern European budget airline Wizz Air is well placed for organic growth and will steer clear of mergers and acquisitions, its chief executive said on Tuesday.

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Car bomb on EU vehicle kills at least three in Afghan capital 17 May 2015

KABUL - A suicide car bomber rammed a European Union vehicle near the main airport in Afghanistan's capital on Sunday, killing two Afghan civilians and a British security contractor in the latest attack in the city, officials said. | Video

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Irish state scrutineers to recommend Aer Lingus sale -Sunday Times 17 May 2015

DUBLIN - The Irish government-appointed group examining British Airways owner IAG's bid for Aer Lingus will recommend a sale of the state's stake, the Sunday Times reported, quoting a senior government source.

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Air Berlin has last shot at turnaround - CEO 16 May 2015

BERLIN - Air Berlin has one last shot at turning itself around, its chief executive told a German newspaper, underlining the scale of the challenge facing Germany's second largest airline.

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Chinese airlines look inland for outbound opportunities 14 May 2015

BEIJING - Chinese airlines are banking on the newly rich in China's inland provinces to drive the next phase of their global expansion, offering flights to destinations like San Jose and Nairobi from cities hundreds of miles from aviation hubs on the Chinese coast.

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EasyJet slumps as bond market sell-off hits FTSE 12 May 2015

LONDON - The FTSE slid lower on Tuesday, weighed down by airline easyJet as a global bond sell-off hit markets and ensured that optimism after a decisive British election was short-lived. [MKTS/GLOB]

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EasyJet dips as strike-hit April knocks profit outlook 12 May 2015

LONDON - British airline easyJet's outlook has been knocked by a difficult April, with air traffic control strikes trimming profit and the Germanwings crash in France detterring customers from booking, sending its shares down 8.5 percent.

Fraport says weak euro boosting shopping spend at Frankfurt airport 07 May 2015

BERLIN - Fraport said the weak euro had encouraged travellers to spend more on shopping at Frankfurt airport, helping it to report slightly better than expected first-quarter results and lifting its shares.

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Emirates airline 2014 net profit up 40 percent on lower oil price 07 May 2015

DUBAI - Emirates [EMIRA.UL], Dubai's flagship airline, reported a 40 percent jump in annual net profit on Thursday, aided by savings from lower oil prices.

Greece to finalise airports deal 'immediately' - source 05 May 2015

ATHENS - Greece will finalise "immediately" a 1.2-billion-euro (£883.2 million) deal with Fraport to run regional airports and reopen bidding for a majority stake in Piraeus port , a senior privatisations official said on Tuesday.