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MADRID, March 6 (Reuters) - Spanish airline Volotea has signed a preliminary agreement to buy several of IAG's routes to help fend off antitrust concerns over the British Airways parent's 1 billion euro ($1.13 billion) acquisition of rival carrie...
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(Sharecast News) - Shares of Norwegian Air tumbled on Friday as Pareto Securities downgraded its rating on the stock to 'hold' from 'buy', citing concerns about liquidity and the impact of the coronavirus.
Read moreLONDON, March 6 (Reuters) - Two British Airways members of staff have tested positive for coronavirus, have been isolated and are recovering at home, the airline said on Friday."Public Health England (PHE) has confirmed that two members of our sta...
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LONDON MARKET MIDDAY: Stocks Find No Respite From Coronavirus Spread
Read more(Sharecast News) - Stocks in Europe were getting hammered again at the end of the week as investors rushed into the relative safety of government bonds, alongside big moves in the euro and crude oil futures.
Read more* FTSE 100 down 3.6%, FTSE 250 drops 2.98%* Virus spread threatens global economic growth* Cruise operator Carnival hits lowest since 2012* Auto parts, travel, banks post strong weekly declines (Adds index close, news items)By Devik Jain and Noor Za...
Read moreDIRECTOR DEALINGS SUMMARY: IAG Chair And Director Spend EUR1.2 Million
Read moreMarch 5 (Reuters) - British regional airline Flybe collapsed on Thursday after a plunge in travel demand, making the struggling carrier the industry's first big casualty of the coronavirus outbreak.Here's a look at the more than 40-year rise and f...
Read more(Recasts with comments by Southwest Airlines CEO)By David Shepardson and Aradhana AravindanWASHINTGON/SINGAPORE, March 5 (Reuters) - The coronavirus epidemic could rob passenger airlines of up to $113 billion in revenue this year, an industry body ...
Read more(Adds details on weakness of airline stocks, industry background)By David Shepardson and Aradhana AravindanWASHINTGON/SINGAPORE, March 5 (Reuters) - The coronavirus epidemic could rob passenger airlines of up to $113 billion in revenue this year, ...
Read more* IATA sees lost revenue of $63-$113 bln due to virus* British regional airline Flybe enters administration* Norwegian Air scraps profit guidance, cuts flights* Turkish has to fly jet home empty after virus caseBy Sarah Young and Aradhana AravindanLO...
Read more(Adds more IATA comments, Southwest warning, analysts)* IATA sees lost revenue of $63-$113 bln due to virus* British regional airline Flybe enters administration* Norwegian Air scraps profit guidance, cuts flights* Turkish has to fly jet home empty a...
Read more* FTSE 100 down 1.6%, FTSE 250 falls 2.1%* StanChart, Persimmon, miners fall in ex-div trading* Deutsche Bank cuts UK 2020 GDP growth forecast* Broadcaster ITV slumps after flagging lower ad revenue (Adds close prices, news items)By Devik Jain and N...
Read more* FTSE 100, FTSE 250 both down 1%* StanChart, Persimmon, miners fall in ex-div trading* Deutsche Bank cuts UK 2020 GDP growth forecast* Broadcaster ITV slumps after flagging lower ad revenue (Adds comments, details; updates prices)By Devik Jain and ...
Read more* British regional airline Flybe enters administration* Norwegian Air scraps profit guidance, cuts flights* Turkish has to fly jet home empty after virus caseBy Sarah Young and Terje SolsvikLONDON/OSLO, March 5 (Reuters) - The worsening coronavirus ...
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