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Airlines

American Airlines airplane takes off from Heathrow airport in London

EU court backs airlines over bird strike claims worth £11m

05/05/2017(0)
Lawyers pursuing claims for flight delays have suffered a rare court defeat in a judgment that could scupper thousands of potential claims. The Court of Justice of the European ... Read More
citigroup

Citigroup sells 16 pct stake in airline Aeromexico

18/05/2015(0)
May 17 Mexico’s biggest airline Grupo Aeromexico said on Sunday that Citigroup had sold its stake of about 16 percent in the company. The stock would be bought by ... Read More
Lufthansa

Lufthansa signs $1.25 billion outsourcing deal with IBM

18/11/2014(0)
IBM (IBM.N) has won an outsourcing contract from Germany’s Lufthansa (LHAG.DE) worth 1 billion euros ($1.25 billion) that will see the U.S. company take over the airline’s information technology ... Read More
news_easyjet_1

EasyJet reports record £581m profit

18/11/2014(0)
EasyJet profits have soared by 22% as the company continued to bolster its position as Europe’s second-largest budget airline. It reported record profits of £581m for the year ending ... Read More
southwest plain

U.S. Sues Southwest to Recover Civil Penalty Tied to Aircraft Maintenance

05/11/2014(0)
Typically Airlines, FAA Negotiate to Reduce Penalties, But Sides Couldn’t Agree in This Case The Justice Department sued Southwest Airlines Co. in an effort to recover a $12 million civil penalty ... Read More
Broker Cyprus TopFX