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Sarah Young

UPDATE 2-Babcock says in healthy financial position after critical report

12 Nov 2018

LONDON, Nov 12 British engineer Babcock sought to reassure investors on Monday that the company is in a healthy financial position after a critical report published last month pushed its shares to a seven-year low.

Northern Irish kingmakers tell PM May: Don't betray United Kingdom

09 Nov 2018

LONDON The Northern Irish party that props up Prime Minister Theresa May's government on Friday cast her Brexit negotiation as a betrayal and said it could not support a deal that divided the United Kingdom.

British firms hitch onto China's aerospace boom as Brexit looms

09 Nov 2018

ZHUHAI, China/LONDON British electronics manufacturing company TT Electronics is hoping its first attendance at China's biggest air show with support from UK authorities will help it land a front-seat role in the production of the world's next wide-body jet.

Wizz Air cuts profit forecast as fuel bill soars

07 Nov 2018

LONDON Budget airline Wizz Air cut its full-year profit forecast by as much as 21 percent on Wednesday, blaming an 80 million euro ($92 million) hit from higher fuel prices.

UPDATE 2-Wizz Air cuts profit forecast as fuel bill soars

07 Nov 2018

* Shares down 2.3 pct, paring earlier losses (Adds CEO comments, analyst comments, share price)

British Airways owner IAG looks to short-haul for deals

02 Nov 2018

LONDON British Airways owner IAG , which has tried to take over Norwegian Air , said on Friday it regards the short-haul market as its best opportunity for consolidation.

Norwegian Air to update on fleet deal by year-end

30 Oct 2018

LONDON Budget airline Norwegian Air , which is in talks with an unnamed partner on a fleet joint venture, plans to provide an update on the deal before the end of the year and has "many interested parties", its chief financial officer said.

No-deal Brexit risks travel chaos, nightmare at airports - IATA

24 Oct 2018

LONDON A no-deal Brexit could wreak chaos for travellers and a nightmare at airports, global airline industry body IATA warned, calling on British and European Union aviation authorities to put in place a plan to avoid such a worst-case scenario.

Meggitt higher on upgrade to 2018 revenue growth

16 Oct 2018

LONDON British engineering company Meggitt raised its estimate for 2018 organic revenue growth to 7 to 8 percent from earlier guidance of 4 to 6 percent, boosted by higher demand for its wheels, brakes and other aerospace parts.

EasyJet profit boosted by Ryanair cancellations

28 Sep 2018

LONDON Low cost airline easyJet forecast annual profit at the upper end of expectations, showing the benefits of robust demand and cancellations at bigger rival Ryanair in 2018.

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