MARKET TALK: EasyJet Emerging Strongly From Downturn - Panmure
28th Jul 2010 07:56
0656 GMT [Dow Jones] EasyJet (EZJ.LN) is emerging strongly from the downturn with robust trading in terms of yields and load factors, says Panmure Gordon. "Cost reductions and yield improvements (helped by a stronger revenue environment and a reduction in capacity growth in the coming years) should
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
28th Jul 2010 07:56
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0656 GMT [Dow Jones] EasyJet (EZJ.LN) is emerging strongly from the downturn with robust trading in terms of yields and load
Read moreEasyJet Performs Well But Confirms Crewing Issues
28th Jul 2010 07:14
By Kaveri Niththyananthan Of DOW JONES NEWSWIRES LONDON (Dow Jones)--EasyJet PLC (EZJ.LN) said Wednesday it continued to deliver good commercial performance in the third quarter despite dealing with the fallout from volcanic ash, but acknowledged it had crewing issues in some parts of its n
Read moreEasyJet Pilots Outline GBP5M Plan To Improve Airline
26th Jul 2010 06:34
LONDON (Dow Jones)--Pilots at EasyJet PLC (EZJ.LN), the airline fraught by months of boardroom battles, have outlined GBP5 million of cash injections to help improve performance, union British Airline Pilots' Association (BALPA) said Sunday. The union cited shortage of crew as one reason for eas
Read moreLondon Luton Airport Security Alert Delays Thousands
23rd Jul 2010 14:37
LONDON (AFP)--Thousands of travelers were delayed at the start of the U.K.'s summer holidays Friday after police held a man for trying to take an illegal substance onto a plane which turned out to be cleaning fluid. Police said the arrest at London's Luton Airport wasn't thought to be related to
Read moreEasyJet Founder Threatens To Take Away Name Rights - Report
21st Jul 2010 07:45
LONDON (Dow Jones)--EasyJet PLC (EZJ.LN) has been threatened with losing the right to its name by founder and shareholder Stelios Haji-Ioannou because he is angry about the airline's poor punctuality performance, The Daily Telegraph reports Wednesday, citing a letter Haji-Ioannou's lawyers have sent
Read moreWednesday newspaper round-up: BP, Ocado, Easyjet
21st Jul 2010 06:37
Tony Hayward is to step down as BP's chief executive within the next ten weeks as the company seeks to draw a line under its disastrous oil spill in the Gulf of Mexico. Sources close to BP, which is battling to restore its reputation and stave off a takeover, told The Times that there was a growing
Read moreUPDATE: Ryanair Net Profit Falls After Ash Cloud Hits Traffic
20th Jul 2010 07:20
By Kaveri Niththyananthan Of DOW JONES NEWSWIRES LONDON(Dow Jones)--Ryanair Holdings PLC (RYA.DB) Tuesday said it remains cautious about the future as it posted a 24% decline in first-quarter net profit after it was forced to ground flights due to volcanic ash clouds across European airspace
Read moreCORRECT: Ryanair Net Profit Falls After Ash Cloud Hits Traffic
20th Jul 2010 06:50
("=Ryanair Net Profit Falls After Ash Cloud Hits Traffic," at 0514 GMT, omitted "million" in the fourth paragraph. The correct version follows:) By Kaveri Niththyananthan Of DOW JONES NEWSWIRES LONDON(Dow Jones)--Ryanair Holdings PLC (RYA.DB) Tuesday said it remains cautious about the fu
Read moreMubadala,Sikorsky Set Up $800M Aircraft Maintenance JV
20th Jul 2010 04:54
(This item was originally published Monday.) By Nour Malas and Jonathan Buck Of ZAWYA DOW JONES and DOW JONES NEWSWIRES DUBAI (Zawya Dow Jones)--Government-owned Abu Dhabi Aircraft Technologies, or ADAT, and U.S.-based Sikorksy Aerospace Services Monday announced an $800 million joint ve
Read moreUPDATE:Mubadala,Sikorsky Set Up $800M Aircraft Maintenance JV
19th Jul 2010 15:50
(Adds detail, comments.) By Nour Malas and Jonathan Buck Of ZAWYA DOW JONES and DOW JONES NEWSWIRES DUBAI (Zawya Dow Jones)--Government-owned Abu Dhabi Aircraft Technologies, or ADAT, and U.S.-based Sikorksy Aerospace Services Monday announced an $800 million joint venture to set up a ce
Read moreSunday newspaper round-up: BP, Ocado, Goldman Sachs
18th Jul 2010 11:05
Directors at BP have begun canvassing shareholders about radical plans to restructure the oil giant in the wake of the Gulf of Mexico oil spill. Options for "Future BP" include splitting up the group by selling its refineries and petrol stations, scaling back its American operations and ramping up
Read moreLondon close: US gloom floors Footsie
16th Jul 2010 16:36
Footsie closed in the red going into the weekend despite a good start as early optimism in the US earnings season gave way to doubts. Results from banks Citigroup and Bank of America and the conglomerate GE were poorly received, sending US shares plunging. Here, BP climbed after saying that it ye
Read moreLondon afternoon: US drags Footsie lower
16th Jul 2010 14:57
Footsie has dipped into the red following a poor start on Wall Street on the back of poorly received company updates as the earnings season picks up pace. Results from banks Citigroup and Bank of America and the conglomerate GE have been poorly received, sending US shares plunging. Here, BP is hi
Read moreLondon midday: Good day in light trading
16th Jul 2010 12:16
London's blue chips are having a good day, largely on the back of BP shares' enthusiastic response to the better news coming out of the Gulf of Mexico. BP yesterday succeeded in stopping the flow of oil pouring into the Gulf of Mexico for the first time in three months. The shutdown is part of an "
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