Artisan Partners, an investment management company, released its “Artisan Value Income Fund” first quarter 2024 investor letter. A copy of the letter can be downloaded here. In Q1, US equities markets surged to new all-time highs, supported by a robust US economy. The fund’s Investor Class APFWX, Advisor Class APDWX, and Institutional Class APHWX returned […]
BRUSSELS (Reuters) -Ryanair on Thursday lost a court battle against a 10-billion euro ($11 billion) Spanish solvency scheme for pandemic-hit companies approved by EU competition enforcers four years ago, one of a number of lawsuits the company has launched against rivals benefiting from state aid. The European Commission gave the green light to the scheme in 2020, saying it was compatible with EU rules. During the pandemic, it cleared billions of euros in state aid to COVID-hit airlines across the bloc as well as companies in other sectors.
Ryanair's (RYAAY) load factor for May 2024 improved to 95% from 94% in the year-ago period, driven by a buoyant traffic scenario.