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LONDON, Oct 7 (Reuters) - British Airways said it would push ahead with plans for a short-haul service at London's no.2 airport Gatwick after pilots backed the move for a new low-cost unit that could better compete with rivals like easyJet.The dec...
Read more(Adds share placement results, quote, detail on German state holding)By Abhinav Ramnarayan and Alexander HübnerLONDON/FRANKFURT, Oct 6 (Reuters) - German airline Lufthansa received strong investor backing for a 2.14 billion euro ($2.47 billion) ri...
Read moreLONDON/FRANKFURT, Oct 6 (Reuters) - German airline Lufthansa received strong investor backing for a 2.14 billion euro ($2.47 billion) rights issue, providing some encouragement for travel companies looking to weather the after effects of the COVI...
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TOP NEWS: Ryanair and Wizz post passenger hikes before new UK rules
Read more(Adds BA statement, share price)LONDON, Oct 4 (Reuters) - British Airways has signalled it could reverse its decision to scrap short-haul flights from London's no.2 airport Gatwick, after its pilots union took a new proposal to its members about B...
Read moreBy Marine StraussBRUSSELS, Sept 30 (Reuters) - A group of European airlines agreed on Thursday to refund passengers whose flights were cancelled during the COVID-19 pandemic, and committed to provide better information on passengers' rights in fut...
Read moreEsken confirms no passenger flights from Southend Airport over winter
Read moreUPDATE: easyJet founder's stake reduces as he shuns rights issue
Read more(Refiles after company clarified CEO comments in paragraph 7)By Sarah YoungLONDON, Sept 28 (Reuters) - The boss of British airline Jet2 expects ticket prices to rise because of environmental demands but believes travel demand will stay robust as co...
Read moreBy Sarah YoungLONDON, Sept 28 (Reuters) - The boss of British airline Jet2 expects ticket prices to rise because of environmental demands but believes travel demand will stay robust as consumers prioritise holidays and find alternative ways to liv...
Read moreTOP NEWS: easyJet to accelerate recovery as it completes rights issue
Read moreLONDON BRIEFING: Petershill Partners raises GBP1 billion in London IPO
Read more(Adds background)LONDON, Sept 28 (Reuters) - British airline easyJet said it had received acceptances from investors for 93% of the new shares it sold as part of a 1.2 billion pound ($1.64 billion) fully underwritten rights issue designed to help ...
Read more* CEO says successful capital raise will help pandemic recovery* EasyJet shares trade down 3% (Adds book build, share price)By Sarah YoungLONDON, Sept 28 (Reuters) - British airline easyJet said its investors had bought 93% of the new shares on of...
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(Sharecast News) - Budget airline easyJet said its rights issue to raise £1.2bn was 93% subscribed as it looked to bolster its balance sheet as it emerges from the Covid-19 pandemic.
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