Airlines
Aer Lingus is seeking assistance from two former EU competition commissioners, Mario Monti and Karel Van Miert, to counter a €1.48bn takeover bid by rival Irish airline Ryanair. The experts, who have experience in dealing with airline mergers, will provide advice on Aer Lingus' submissions to the EU
Airlines
Ryanair's ambitious bid for Aer Lingus has sent shockwaves through the aviation industry, sparking both excitement and concern. In a surprise move, the budget airline's flamboyant boss Michael O'Leary claimed that a deal would lead to lower air fares and create a new European
Airlines
The aviation industry is in for a shake-up as low-cost airline Ryanair launches a £1bn bid for Irish carrier Aer Lingus. The move, led by CEO Michael O'Leary, aims to create a powerful airline group serving over 50 million passengers annually. Ryanair has already acquired a 16% stake
Airlines
Accenture Ltd. is the world's largest management and technology consulting firm, with a focus on making businesses run better. The company offers a wide range of services, including enterprise integration, human resources, strategic planning, and supply chain management, to its multinational clients across 17 industry groups. With over
Airlines
British Airways has pressed the industry regulator to curb the profits earned by the UK's largest airports operator, BAA. The airline claims that BAA's high rate of return on its asset base forces the airline to compensate with higher charges and reduced services for passengers. BA&
Airlines
All Nippon Airways (ANA), the launch customer for the Boeing 787 Dreamliner, has selected Goodrich Corporation to supply wheels and electrically actuated brakes for its aircraft under a long-term agreement. The selection of Goodrich's system is an endorsement of the innovative technology the company has introduced to the
Airlines
Q Aviation, a leading independent aircraft leasing company, is exploring various strategic options to monetize its investment in the company. The move comes as the aircraft leasing industry experiences strong demand, driven by record levels of worldwide air travel. Key Takeaways: * Q Aviation has retained Deutsche Bank Securities to explore
Airlines
AMR Corp., the parent company of American Airlines, has seen its stock rise following an upgrade from Merrill Lynch due to easing oil prices. As of September 13, 2006, the Amex Airline Index had gained, with AMR's shares also increasing. American Airlines, with its fleet of over 710
Airlines
School Superintendent John Barry, a former Air Force general, shared his eyewitness account of the 9/11 terrorist attacks with students at Vassar Elementary School. Barry was at the Pentagon when American Airlines Flight 77 hit, leaving a lasting impact on those present. The students, including Bo Alexander and Monay
Airlines
Verified ID, a leading provider of biometric identification systems, has partnered with British Airways to launch the Clear Registered Traveler (RT) program at the airline's Terminal 7 at John F. Kennedy International Airport this fall. The agreement marks the first facility in the New York area to have
Airlines
CNBC Anchor Ross Westgate discussed the impact of disruptions on airlines, particularly British Airways and Ryanair, with Chris Avery, aviation analyst at JPMorgan. Despite severe disruptions during the foiled terror alert on August 10th, Ryanair reported a 23% rise in August passenger numbers. British Airways, on the other hand, is
Airlines
The software, developed by Honeywell Aerospace, is capable of audibly warning pilots which runway they are on and its length, potentially preventing catastrophic crashes like the Comair Flight 5191 in Lexington, Ky. Despite its potential life-saving benefits, the system is not widely used, with only a few airlines adopting it
