Air France-KLM News
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Deutsche Lufthansa AG and United Continental Holdings Inc. reached a settlement with European Union regulators, ceding sufficient slots for a single daily flight between Frankfurt and New York in exchange for approval of their A++ trans-Atlantic venture also involving Air Canada.
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Mota-Engil SGPS SA, the Portuguese construction company that said March 20 it was seeking $5 billion of contracts in Africa, is now looking at an even larger figure, its chief executive officer said.
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Ryanair Holdings Plc, Europe’s biggest discount airline, boosted full-year profit 13 percent as it added routes and planes to target short-haul markets in which full-service operators are struggling to stem losses.
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Following is a summary of the April cargo traffic and capacity statistics from Air France-KLM Group:
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Following is a summary of the April passenger traffic and capacity statistics from Air France-KLM Group:
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Following is a summary of the April passenger and cargo traffic and capacity statistics from Air France-KLM Group:
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Michael O’Leary, who built Ryanair Holdings Plc into Europe’s biggest discount airline over two decades, pledged to stay another five years and render its dominance complete as competitors exit short-haul flying.
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European stocks declined from the highest level in almost five years as bank and airline shares retreated, overshadowing better-than-forecast retail sales data in the U.S.
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British Airways owner International Consolidated Airlines Group SA said it raised 390 million euros ($507 million) in convertible bonds to fund the takeover of Spanish discount carrier Vueling SA.
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British Airways parent IAG SA and rival Air France-KLM Group fell 4.6 percent as evidence mounts that a fatal virus spreading in Europe can be transmitted among people, increasing the potential for disruption to air travel.
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