Latest Aviation News

Ryanair Doesn't Expect Major Summer Disruptions After New Staff Agreements

14.06.2022 06:08UTC

By Anthony O. Goriainoff Ryanair Holdings PLC said Tuesday that it doesn't expect widespread disruption this summer as continuing negotiations with unions and staff are going well, having negotiated collective agreements covering 90% of staff across Europe. The Irish low-cost carrier was responding to media reports that cabin crew in Spain have voted to hold six days of strikes at the end of June

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Ryanair Doesn't Expect Major Summer Disruptions After New Staff Agreements

14.06.2022 05:52UTC

By Anthony O. Goriainoff Ryanair Holdings PLC said Tuesday that it doesn't expect widespread disruption this summer as continuing negotiations with unions and staff are going well, having negotiated collective agreements covering 90% of staff across Europe. The Irish low-cost carrier was responding to media reports that cabin crew in Spain have voted to hold six days of strikes at the end of June

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Air France-KLM Group Generates €2.25bn After Oversubscribed Right Issue

14.06.2022 05:50UTC

DALLAS – The Air France-KLM Group today reported that it has generated €2.256 billion (US$2.35 billion) in final gross proceeds. This follows a 16% oversubscription to its right issue announced on May 24, 2022. The Group said it would allocate around €1.7 billion to pay back state aid it received during the pandemic crisis. This, management says, will allow the company to 'free itself' from

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Delta Air Lines, Inc. (NYSE:DAL) Shares Sold by Legal & General Group Plc

14.06.2022 05:40UTC

Legal & General Group Plc decreased its stake in Delta Air Lines, Inc. (NYSE:DAL – Get Rating) by 1.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,458,908 shares of the transportation company's stock after selling 22,009 shares during the period. Legal & General Group Plc owned approximately 0.23% of Delta Air Lines

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Cetera Investment Advisers Trims Stake in Embraer S.A. (NYSE:ERJ)

14.06.2022 05:12UTC

Cetera Investment Advisers lowered its holdings in Embraer S.A. (NYSE:ERJ – Get Rating) by 4.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 37,376 shares of the aerospace company's stock after selling 1,936 shares during the period. Cetera Investment Advisers' holdings in Embraer were worth $663,000 at the end of the most recent quarter. Other large investors have als

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Ryanair cabin crew to go on strike this summer amid pay row

14.06.2022 05:08UTC

Ryanair cabin staff in Spain will go on strike for six days in late June and early July, according to its main unions. Following "failed talks", negotiations are still said to be taking place in order to avoid the potential disruption. Staff plan to walk out on June 24, 25, 26 and 30 and on July 1 and 2, due to discontent about working conditions and pay, USO union said. While UK Ryanair staff hav

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Holiday hell for Irish tourists this summer as expert predicts Ryanair strike to hit Spain flights

14.06.2022 05:00UTC

Strikes by fed up Ryanair crews could signal holiday hell for Irish families this summer, it is warned. © ADRIAN DENNIS/AFP via Getty Images Ryanair aircraft Unions for cabin crews in Spain are threatening widescale industrial action amid tense pay talks with the Irish airline and they claim that they could be supported by colleagues in Portugal, France, Italy and Belgium. Six key dates have been

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Berenberg Bank Reiterates 'GBX 3,300' Price Target for Wizz Air (LON:WIZZ)

14.06.2022 04:18UTC

Wizz Air (LON:WIZZ – Get Rating) received a GBX 3,300 ($40.05) target price from investment analysts at Berenberg Bank in a research note issued to investors on Tuesday, Borsen Zeitung reports. Berenberg Bank's price objective would suggest a potential upside of 58.58% from the stock's current price. A number of other brokerages also recently commented on WIZZ. Citigroup reiterated a 'sell' rati

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Delta Air Lines, Inc. (NYSE:DAL) Stake Cut by Public Employees Retirement System of Ohio

14.06.2022 02:56UTC

Public Employees Retirement System of Ohio reduced its holdings in Delta Air Lines, Inc. (NYSE:DAL – Get Rating) by 3.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 344,474 shares of the transportation company's stock after selling 12,422 shares during the period. Public Employees Retirem

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Expert expects holiday hell this summer for Irish Ryanair flights to Spain

14.06.2022 02:41UTC

Strikes by fed up Ryanair crews could signal holiday hell for Irish families this summer, it is warned. Unions for cabin crews in Spain are threatening widescale industrial action amid tense pay talks with the Irish airline and they claim that they could be supported by colleagues in Portugal, France, Italy and Belgium. Six key dates have been announced for strikes through to the end of July. Insi

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Boeing’s jumbo plane kingdom

14.06.2022 02:00UTC

Boeing’s Everett factory is the world’s largest building and has produced more wide-body planes – over 4,600 – than all other competing manufacturers combined. And the numbers are stunning and cannot fail to impress. The Everett, Washington facility, is the workplace for 30,000, produces 25,000 meals a day from 20 cafeterias and its area is […] The post Boeing’s jumbo plane

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