| ||||||||||||||||||||||
| ||||||||||||||||||||||
Entries tagged "airlines"United Airline's debt running on spare partsUnited Airlines collateralized its $175 million bond offering with spare parts from its planes. Alaska Air calls Virgin America un-AmericanAlaska Air citing a speculative news story called on the government to launch a probe into whether rival Virgin America continues to meet the standards for being a U.S. carrier. For more read Corporate Dealmaker. BA to fly solo?If the markets don't want to play along, British Airways plc captain Willie Walsh would just rather take his airline and go home. The executive this weekend said the current market caps of his company and takeover target Iberia Líneas Aéreas de España SA indicate that a merger would give Iberia just over 50% of the combined group and BA investors just under 50%. Walsh told the Financial Times on Friday, such an arrangement would be unacceptable to BA's owners and that he felt under no pressure to make the deal work. ... Aer Lingus trumpets work force solidarityIrish airline Aer Lingus Group plc, under siege from nonunionized rival Ryanair Holdings Ltd., did not immediately respond to the €200 million ($254 million) sweetener Ryanair added to its €748 million bid for the company Friday. Instead it announced the outcome of a ballot of its own, unionized, workers, which came out in favor of efficiencies and reformed working practices. The former state airline believes the costs cuts will save €25 million a year. ... Southwest's New York plans could be mutedWhile New Yorkers eager for lower airfares undoubtedly have reason to cheer Southwest Airlines Co.'s plan to begin service at LaGuardia Airport, there is ample reason to suspect the discount king has no plans to build a major presence in the Big Apple -- at least any time soon.... Dept. of Justice clears Delta's purchase of NorthwestThe Department of Justice on Wednesday closed its investigation into Delta Air Lines Inc.'s $3.1 billion deal to buy Northwest Airlines Corp., clearing the way for a deal that would create the world's largest airline.... US Airways secures nearly $1B in fresh financingUS Airways Group Inc. said Thursday it has boosted its cash reserve, raising about $950 million in financing and near-term liquidity commitments designed to help the airline weather a potential travel slowdown.... Southwest Air not feeling the luvAll streaks must eventually come to an end. That day finally arrived for Southwest Airlines Co., which posted its first quarterly loss in 17 years. Still it was an amazing streak considering the turmoil the industry faced during that period, such as soaring fuel and labor costs as well as security issues following the 9/11 attacks. The end of the record didn't faze shareholders all that much though, as the stock had climbed over 5% to $12.20 in Thursday afternoon trading. Lately, the airline sector continues to be in a state of flux as airlines have folded or gone... Analyst: Much maligned airline sector now undervaluedUndoubtedly when the postmortem is written on the current stock market collapse, there will be examples of industries and companies who fell not on fundamentals but rather were simply caught in the downdraft. According to one prominent analyst, the U.S. airline business appears to be a good example of an industry that has been punished by Wall Street despite improving prospects.... Falling oil could mean happier days for the airline businessDon't look now, but after a year of gloom and doom driven by high oil prices, bankruptcies and liquidations, talk of the "p" word is creeping back into the airline business.... German airlines weigh dealTUI Travel plc on Thursday confirmed it was in talks with Deutsche Lufthansa AG and Thomas Cook Group plc about combining their charter flyers into a discount German airline to take on upstart Air Berlin plc & Co. Luftverkehrs KG. Liquidation is not the answer for United AirlinesIt is hard to tell if Roben Farzad is speaking on behalf of investors, customers or employees when suggesting that the parent of United Airlines Inc. should be liquidated. It is harder still to say which of these groups, if any, would benefit from his plan to put the troubled carrier out of its misery.... Top tagsYou have executed a tag search on Dealscape. On the left,you will find a comprehensive list of stories tagged "airlines." Below are the most-popular tags for Dealscape. On the right of the page you will find a search box to dig deeper into our content.
 Deal Video
    Community
 Elsewhere on The Deal.comDealwatch
The Deal MagazineCorporate Dealmaker
The Deal VideoCategories
Blog roll
Archives
| ||||||||||||||||||||||
| ||||||||||||||||||||||
