|Bid||691.20 x 123000|
|Ask||691.40 x 327100|
|Day's range||679.20 - 693.40|
|52-week range||569.00 - 773.19|
|PE ratio (TTM)||4.34|
|Earnings date||3 Aug 2018|
|Forward dividend & yield||0.26 (3.69%)|
|1y target est||7.35|
U.K. stocks rose on Monday, on track for a record closing high, as traders welcomed news over the weekend that China and the U.S. reached an agreement that eases trade tensions between the world’s two largest economies. The FTSE 100 index (^FTSE) rose 0.6% to 7,824.42, setting it on track to take out its previous closing high of 7,787.97, hit last Thursday. A weaker pound tends to boost the FTSE 100, as the index’s components make the bulk of their earnings overseas and a softening in sterling lifts revenues when converted back into the U.K. currency.
Spanish newspaper Expansion, citing unnamed sector sources: * Says IAG plans to offer 1.52 billion euros for Norwegian Air Shuttle * Says, after two unsuccessful attempts, IAG has drawn up a proposal that ...
There is still a possibility that flights will not be able to take place the day after Britain's planned departure from the European Union next year, an EU official said on Friday. Henrik Hololei, director general for Mobility and Transport at the European Commission, said the clock was ticking and that the effects on aviation could be significant after the March 29, 2019, exit day. It hasn't disappeared," Hololei said at a CAPA Centre for Aviation conference in Dublin.
IAG is not expecting to announce a deal to buy Norwegian Air Shuttle (LSE: 0FGH.L - news) soon and would not make a hostile bid, its chief executive said, adding his airline group had growth opportunities on its own. Norwegian said earlier this month it had rejected two approaches from IAG, the owner of British Airways, Iberia, Aer Lingus and Vueling, because they undervalued the company. If they don't want to be bought by IAG, fine," IAG CEO Willie Walsh told Reuters on the sidelines of a CAPA-Centre for Aviation conference.
* Norwegian shares rose on Friday as trade resumed after market was closed for a public holiday on Thursday * Oslo's benchmark index rose 0.52 pct, or 4.59 points, to 888.48 points and was up by 8.53 pct ...
IAG is not planning to launch a hostile bid or become involved in a bidding war for Norwegian Air Shuttle (LSE: 0FGH.L - news) , the group's chief executive said on Friday, adding he did not expect to make an announcement soon. Norwegian said earlier this month that it had rejected two approaches from IAG, the owner of British Airways, Iberia, Aer Lingus and Vueling, because they undervalued the company.
Ryanair said its issues with pilot staffing have stabilised, with would-be Ryanair pilots queueing up to join after the company decided to recognise unions and offer direct contracts. Along with direct employment contracts for new joiners, plus agreements to recognise unions in some countries, Ryanair has also dropped the cost of some training, known as a type rating, ordered more simulators and has 100 new training pilots. "After Christmas, we will have the capacity to train the pilots right up to a fleet of 550 aircraft.
Royston Wild zeroes in on a FTSE 100 (INDEXFTSE: UKX) stock that could make both growth and income investors very, very happy.
A British Airways flight will celebrate Britain's royal wedding on Saturday (Shenzhen: 002291.SZ - news) by flying to Canada with crew who are all named Harry or Meghan. Harry, 33, Queen Elizabeth's grandson and the sixth-in-line to the British throne, and Meghan Markle, 36, will marry on Saturday at St George (Frankfurt: 11667148.F - news) 's Chapel in Windsor Castle, in a ceremony set to attract huge attention around the world. British Airways said the flight from London Heathrow to Toronto, the city where Markle used to live and where the pair made their first public appearance together, will be staffed by two Harrys, seven Megans and one Meghan, and flown by Senior First Officer Harry Blake.
British low-cost airline easyJet expects profits to rise more than 30 percent this year as it benefits from strong travel demand and the collapse of some smaller rivals. Looking to build on that momentum, new CEO Johan Lundgren also said on Tuesday he would expand the company's holiday business, loyalty scheme and business offering. EasyJet (Frankfurt: A1JTC1 - news) , Europe's second-biggest low-cost airline behind Ryanair, swung to a profit for the six months ended March 31, helped by the timing of Easter and the collapse of British rival Monarch last year and Italy's Alitalia (Stuttgart: 2278962.SG - news) going into administration, pushing more customers to easyJet.
A cockpit windshield on a Sichuan Airlines jet shattered while the plane was cruising at 32,000 feet, a rare incident that hurt the co-pilot and forced an emergency landing of the Airbus SE plane in southwestern China. The Civil Aviation Administration of China is investigating the Monday incident and will focus on the design and manufacturing of the windshield, the regulator’s safety chief Tang Weibin said in Beijing Tuesday.
Norwegian Air could potentially be sold to IAG or another bidder if the price was right, but offers made so far have been too low, the budget carrier's top office holders said on Tuesday. Norwegian last ...
Budget carrier Norwegian Air remains confident of its business model, its CEO told shareholders on Tuesday, less than a week after the company said it had rejected two takeover proposals from British Airways owner IAG. "Acquisition interest from several parties confirms the sustainability of the business model," Chief Executive Bjoern Kjos told the company's annual shareholder meeting.
Budget airline Norwegian Air lifted passenger traffic by 44 percent year on year in April as its long-haul expansion accelerated, though tickets were sold at lower prices than analysts had expected. Released ...
Air France-KLM CEO Jean-Marc Janaillac said on Friday he would resign after staff rejected a pay deal, plunging the airline into turmoil amid a wave of strikes at its French brand that has cost the company 300 million euros ($359 million). Janaillac said that more than half of the staff at Air France who cast a ballot voted against the offer of a 7 percent increase over four years. "I take responsibility for the consequences of this vote and will in the coming days tender my resignation to the boards of Air France and Air France-KLM (LSE: 0LN7.L - news) ," Janaillac told a news conference.
Britain's leading stock index was lifted by strong results from British Airways owner IAG, while HSBC joined French banks in reporting weaker profit which hit its shares. A weak pound, which gives an accounting boost to companies whose earnings are in dollars, also helped Britain's FTSE 100 to close up 0.86 percent on the day. It is up about 10 percent since hitting 15-month lows at the end of March, and marked its sixth straight week of gains.
European shares bounced back on Friday as good company results rolled in, but bank stocks were left behind after poor updates from HSBC, BNP Paribas and Societe Generale. Broad-based gains lifted the pan-European ...
World stocks were set for their biggest weekly loss since mid-March on Friday, while the dollar hovered just below recent four-month highs as investors awaited crucial U.S. jobs data that could cement expectations of further U.S. interest rate rises this year. Bond yields meanwhile slid following a surprising slowdown in euro zone inflation. The other issue preying on markets is the trade tension between the United States and China.
Low-cost airline Norwegian has rejected two takeover offers from British Airways owner International Airlines Group (IAG). The airline has shaken up long-haul rivals by offering cut-price transatlantic fares.
British Airways-owner IAG is considering its options after Norwegian Air Shuttle (LSE: 0FGH.L - news) rebuffed two takeover advances, IAG said on Friday, warning some airlines will struggle to survive as fuel prices rise. IAG, which confirmed its position as one of Europe's strongest airline groups with a 75 percent jump in quarterly profit, said it had held talks but could not reach an agreement with low-cost carrier Norwegian on a deal. "We'll have a look at all of our options in relation to Norwegian," chief executive Willie Walsh, a seasoned dealmaker, told analysts on a call.
The head of airline group IAG warned manufacturers over delays to plane deliveries and engine issues on Friday, saying they needed to consider its compensation demands. IAG has had to rejig schedules to mitigate delays to A320neo planes built by Airbus and because of a Rolls-Royce engine issue on Boeing (NYSE: BA - news) 787 Dreamliners. Some compensation clauses are built into contracts but IAG CEO Willie Walsh said that wasn't enough.
SA (IAG.LN) said Friday that it is considering its options after failing to reach an agreement over a potential takeover of Norwegian Air Shuttle ASA (NAS.OS). In presentation slides accompanying its first-quarter release, British Airways-owner IAG confirmed it has contacted Norwegian Air’s board but no agreement has been reached. Norwegian Air said in a response that it received two separate conditional proposals from IAG for a potential complete takeover, both of which its board unanimously rejected “on the basis that they undervalued NAS and its prospects”.
** Consumer bank Norwegian Finans Holding Chief Executive Tine Wollebekk said first quarter earnings were impacted by seasonal and non-recurring items, with strong underlying growth, at a presentation ...
** Shares of budget carrier Norwegian Air slump more than 10 pct to NOK 265 after IAG says failed to agree deal ** IAG writes in an investor presentation: "IAG confirms that it has had contact with ...