British Airways owner rises as it bids for Ryanair’s Aer Lingus stake May 27, 2015 SHARES in International Airlines Group (IAG) climbed steeply yesterday, with investors welcoming the prospect of its bid for Aer Lingus. Shares in the British Airways owner ended up 3.21 per cent, at a value of 562p a share. The Irish airline’s shares also took off, closing up 2.63 per cent at €2.56 (£1.70). The rises [...]
FTSE bounces back on round of acquisitions – London Report May 27, 2015 BRITAIN’S top share index bounced back yesterday from a two-week low the day before as acquisitions boosted Imperial Tobacco, cement maker CRH and International Consolidated Airlines Group. The blue-chip index extended gains in late trade on the prospect of an accord between Greece and its creditors after a Greek government official told Reuters that a [...]
Aer Lingus is cleared for BA boss’ takeover as Ireland agrees to sell May 26, 2015 The Irish government last night agreed to sell its 25 per cent in Aer Lingus to British Airways owner International Consolidated Airlines (IAG) after many setbacks. The Irish airline’s board recommended IAG’s proposed €1.36bn (£961bn) offer in February, but it still needs support from the other main shareholder, Ryanair, which has previously voiced its support [...]
Taking off: London City airport’s £16m lounge revamp May 26, 2015 London City airport, a favourite with travellers who abhor long check-in queues, snaking lines for security checks and yearn for a respite from traditional public lounges, is giving a £16m revamp to its western pier which houses 70 per cent of the departure gates. New shops, restaurants and watering holes, quiet areas with mobile-device charging [...]
The right credit card can slash holiday costs: Air miles cards are popular but fees and rewards vary considerably May 26, 2015 Competition has become fierce among credit card providers and many are having to raise their stakes when it comes to perks for new customers. Air miles are the latest area of growth for credit card companies. While they may not have the best annual percentage rates (APRs), these cards will act as an extension [...]
Ireland agrees to sells it Aer Lingus stake to IAG for €1.36bn May 26, 2015 After much anticipation the Irish government has finally agreed to sell its 25 per cent in Aer Lingus to British Airways owner International Consolidated Airlines (IAG). The Irish airliner's board recommended IAG's proposed €1.36bn (£961bn) offer in February but it still needs support from the other main shareholder, Ryanair. Market sources previously speculated that a deal between [...]
The UK leads the world as an education exporter – and it can do better still May 17, 2015 With a new government in place, it won’t be long before Prime Minister Cameron and his team of ministers start to jet off across the globe to key international markets. India, China, Brazil and the Gulf States will be the most likely countries to see a British Airways plane land on the tarmac in the [...]
Bangalore: India’s most livable city and the fast-track to its vibrant tech-filled future May 17, 2015 If Old Delhi is the crumbling emblem of India’s imperial past and Mumbai is the pounding heart of its contemporary popular culture, Bengaluru (anglicised as Bangalore) and Chennai are the country’s fast track to the future. The former, and less often the latter, are nicknamed the Silicon Valley of India on account of their thriving [...]
Tui share price rises as it promises 10pc profit growth May 13, 2015 The figures Fresh from its recent merger with its German owner, holiday giant Tui said this morning revenues grew 7.3 per cent to €6.9bn (£5bn) in the six months to the end of March, up from €6.4bn during the same period last year. Its loss on earnings before interest, taxation and amortisation fell 20 per cent, from a loss of [...]
Liverpool star Steven Gerrard heads for a different Galaxy May 12, 2015 LIVERPOOL captain and midfield star Steven Gerrard and his wife Alex are preparing for a short break before he kicks off his US career with LA Galaxy this summer. Gerrard, 34, who has collected 114 caps for England over a glittering career, started in the Liverpool youth team at the age of nine, and plays [...]