Archives by Tag 'Flying Businesses'
Airbus reports record orders for 2011
Plane maker Airbus has reported record orders for 2011 but has warned that demand for new planes will fall sharply this year.The company said it received 1,419 orders worth about £91 billion ($140 billion) last year, compared with 805 for its fierce US rival Boeing. Demand for the fuel-efficient A320NEO medium-haul jet was particularly strong, [...]
Thomas Cook shares take off on £200 million rescue deal
Shares in travel firm Thomas Cook were 23% higher in afternoon trading on news of £200 million of new financing for the firm.At the weekend the firm reached agreement with its lenders to provide it with new access to funding. Shares in the company initially fell 75% last week after it said it was in [...]
Airbus announces 200 engineering jobs at Filton, Bristol
Aircraft manufacturer Airbus has announced 200 new jobs at its base in Filton, near Bristol.The company says the new engineering jobs are due to demand for its A350 passenger plane and government investment in the plant. The lightweight composite aircraft was due to come into service in 2013 but will now enter service in the [...]
Easyjet profits take off with business travellers
A increase in the number of its business travellers helped Easyjet report increased profits for 2011. The budget airline announced a pre tax profit of £248 million for the year to 30 September, in line with expectations- up from a profit of £154 million in 2010. The improvement was led by a 11.8% increase in [...]
Ryanair profits take off with higher revenues
Ryanair has reported a 23% rise in second quarter profits, and said its full year results will be better than previously expected.The budget airline made a pre-tax profit of £398 million (463m euros) in the three months to 30 September, up from £328 million a year earlier. Ryanair said its annual profits would be 10% [...]