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Five European airlines launch new alliance

2016-01-20 21:23:13| Airlines - Topix.net

In an unprecedented step, Europe's five largest airline groups including budget carriers EasyJet and Ryanair Wednesday launched a new alliance to combat rising airport charges amid a fierce battle with Gulf rivals. The new association dubbed Airlines for Europe brings together the budget airlines with giants Lufthansa, Air France-KLM and the International Airline Group, parent company of both British Airways and Iberia.

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Spirit Airlines Incorporated (SAVE) Rating Increased to Buy at Citigroup Inc.

2016-01-20 18:22:24| Airlines - Topix.net

A number of other equities research analysts have also weighed in on SAVE. Cowen and Company cut their target price on shares of Spirit Airlines from $60.00 to $50.00 and set an "outperform" rating on the stock in a research note on Wednesday, October 28th.

Tags: inc save buy rating

 
 

Southwest Airlines Co (LUV) Assigned "BBB" Credit Rating

2016-01-20 07:57:47| Airlines - Topix.net

Southwest Airlines Co has been given a "BBB" credit rating by analysts at Morningstar . The firm's "BBB" rating indicates that the company is a moderate default risk.

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Singapore Airlines yet to decide on boosting Virgin Australia stake

2016-01-20 06:52:51| Airlines - Topix.net

Singapore Airlines is pleased that Virgin Australia is improving its financial performance, but it has yet to decide whether it will boost its stake in the Australian carrier to 25.9 per cent to equal the other major airline shareholders, Air New Zealand and Etihad Airways. "We have [Foreign Investment Review Board] approval up to 25.9 per cent," Singapore Airlines chief executive Goh Choon Phong told The Australian Financial Review during a visit to Canberra on Wednesday to announce the launch of direct services from the national capital to Singapore from September.

Tags: australia decide singapore virgin

 

Local MPs welcome Singapore Airlines to Wellington

2016-01-20 03:48:08| Airlines - Topix.net

Paul Foster-Bell, National List MP based in Wellington Central Chris Bishop, National List MP based in the Hutt Brett Hudson, National List MP based in Ohariu Local National MPs Paul Foster-Bell, Chris Bishop and Brett Hudson are excited by the announcement today that Singapore Airlines services from Wellington to Canberra will commence in September. They are delighted that there will be a new connection to Singapore, opening up another way for New Zealanders to be able to do business with that country and the wider Asian region.

Tags: local singapore airlines wellington

 

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