Joe Gill

Ryanair Says Profit to Decline as Fuel Prices Outpace Fares

Ryanair Holdings Plc, Europe’s biggest discount airline, predicted earnings will fall this year as a slowing European economy prevents it from increasing fares sufficiently to make up for surging jet-fuel costs.

Lufthansa to Consider Bid for Star Partner TAP in Portugal

Deutsche Lufthansa AG is considering a bid for state-owned carrier TAP SGPS SA to strengthen its position in South America and protect its partnership with a key member of the Star Alliance.

Etihad Takes Aer Lingus Stake, Seeks Pact to Feed Abu Dhabi

Etihad Airways, the Middle East’s third-largest carrier, took a stake in Ireland’s Aer Lingus Group Plc as it extends a strategy of investing in European operators to help feed passengers via its hub in Abu Dhabi.

Lufthansa Struggles to Dump BMIbaby to Complete IAG Deal

Deutsche Lufthansa AG is struggling to offload discount airline BMIbaby, potentially reducing proceeds from the sale of its entire U.K. business to British Airways parent IAG.

Ryanair Lifts Profit Goal on Winter Capacity

Ryanair Holdings Plc raised its full-year profit forecast after winter capacity cuts helped reduce costs and boost fares.

Ryanair Said to Sign Accord With China to Work on Comac Jet

Ryanair Holdings Plc, the second- biggest buyer of Boeing Co. jets, plans to work with China on the C919 plane that the country is designing to challenge the U.S. manufacturer and its rival Airbus SAS in the single-aisle market, a person with direct knowledge of the talks said.

Lufthansa, Low-Cost Leaders Cautious on Filling Air Berlin’s Flight Void

Deutsche Lufthansa AG said routes dropped by budget rival Air Berlin Plc are unlikely to be a good fit for its network, while leading discount operators Ryanair Holdings Plc and EasyJet Plc have no plans to add German bases.

Irish Food Industry Can ‘Exploit’ Credit Crisis, Bloxham Says

Ireland’s publicly traded food and beverage companies will benefit in the second-half of 2009 from a stabilization in consumer spending and acquisitions, Bloxham Stockbrokers said today.

EasyJet Extends Lead Over British Airways in Market for Short-Haul Travel

EasyJet Plc boosted passenger numbers 7.9 percent to 49.7 million last year, extending its lead over U.K. rival British Airways Plc in European short-haul markets.

Etihad Will Pay $94.9 Million to Increase Its Stake in Air Berlin to 29.2%

Etihad Airways agreed to provide Air Berlin Plc with $350 million in equity financing and funds for planes, helping the German carrier to ride out the slowdown and boosting the Gulf company’s challenge to Deutsche Lufthansa AG.

"It's almost always the same at this point if you look at the last 10 years."

- Joe Gill on May 21, 2012

Europe

Spain

Germany

London

Vinik to Shut Hedge-Fund Business to Focus on Hockey Team

J.C. Penney Spent $170 Million to Install Johnson Team

American Capital Slumps as Mortgage Strategy Backfires

U.S. Stocks Rise to Record; Copper Jumps, Treasuries Drop

Payrolls in U.S. Rise 165,000 as Unemployment Rate Drops