easyJet buys GB Airways for 103.5 million pounds
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No-frills airline easyJet on Thursday announced it has agreed to buy GB Airways for 103.5 million pounds in cash.
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No-frills airline easyJet has modestly increased its profits guidance after a stronger-than-expected revenue performance.
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LONDON  - Ryanair and easyJet both announced plans to expand in the Italian market following the collapse of the low-cost airline Volare, which has declared insolvency and suspended flights and ticket sales.
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Icelandair Group said Friday it has acquired an 8.4 percent stake in budget airline easyJet PLC, whose share price has soared during two days of hectic trading.
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Qantas said Thursday that British Airways has sold its 18.25 percent stake in the Australian carrier at 3.28 Australian dollars (US$2.
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British no-frills airline easyJet on Monday said it has agreed with European aircraft manufacturer Airbus to exercise options over 35 Airbus A319 jets for delivery in 2011 and 2012.
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Johnson &amp; Johnson announced a $25.4bn (Â£13.1bn) deal yesterday to buy Guidant Corporation, giving the healthcare company a stake in the fast-growing market for devices that regulate heartbeats.
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Ryanair Holdings PLC, Europe's largest discount airline, launched a takeover bid Thursday for its Irish rival, Aer Lingus Group PLC, in a deal that would value the formerly state-owned carrier at 1.48 billion euros ($1.88 billion).
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Iceland&#39;s flag carrier Icelandair has bought 8.4 percent of easyJet but stopped short of launching a takeover bid for the low-cost carrier.
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Low-cost airline easyJet announced that it carried 2.08 million passengers in January -- an increase of 23.8 percent on the same month last year.
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British Airways yesterday moved to cut its massive debt and prepare for acquisitions when it raised Â£425m by selling its stake in Australia&#39;s Qantas Airways.
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Budget airline EasyJet today reported a 21% improvement in annual profits but warned that it expected competition to remain intense this winter.
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Ryanair, Europe's biggest no-frills airline, has launched a takeover offer for airline Aer Lingus that values its rival at 1.481 billion euros (1.883 billion dollars).
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No-frills airline Easyjet reports a 25% rise in passenger traffic during November, helped by the addition of nine new routes.
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THE Limerick-based aviation services company, FBO Shannon has been taken over by a British firm for over 2.5million euro.
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British Airways ordered 12 Airbus superjumbo A380s and 24 of Boeing&#39;s new 787 Dreamliners on Tuesday in a giant deal to modernise its fleet worth 8.2 billion dollars (5.7 billion euros) at catalogue prices.
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Budget airline Easyjet agrees to buy UK carrier GB Airways for Â£103.5m.