The Week Ahead: Icelandair hovers as easyJet faces turbulence
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The cut-price airline industry is no longer enjoying the exponential growth that it once did.
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Stock investors may want to fasten their seatbelts for the week ahead, when a flurry of  earnings and economic data will once again be in focus.
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ROME, Sept. 15 -- The airline industry shakeout that forced U.S. Airways Group Inc. into bankruptcy this week is rippling through Europe as well, with some forecasters predicting that only a handful of the continent's airlines can survive, and Italian authorities scrambling this week to keep national carrier Alitalia SpA aloft.
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A look at some of this weekâs major business events coming this week.
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A Dublin-bound plane was at the centre of a major security alert in France yesterday. The Icelandic Airlines Boeing 737 had taken off from the Balearic Islands in Spain, but was diverted to the French city
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Britain's easyJet is to challenge arch-rival Ryanair on its home turf with the start of flights to Ireland, marking an escalation in the commercial rivalry between the two low-cost carriers.
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No-frills airline easyJet has said it expected pre-tax profit to rocket by 40-50 percent in the current financial year, as the group unveiled soaring first-quarter revenues.
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Shares of EasyJet Plc, Europe&#39;s second- biggest low-cost carrier, had their biggest percentage gain in more than 16 months after the Guardian reported that an Icelandic airline bought a 3 percent stake in the carrier.
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The biggest passenger airliner the world has ever seen will roll out of its hangar for the first time next week to proud smiles from European leaders who backed its construction -- and a scowl from the US company Boeing, whose king-of-the-skies status has been lost.
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British low-cost airline easyJet announced that it carried 2.08 million passengers in January -- an increase of 23.8 percent on the same month last year.
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JetBlue Airways expects to be flying at 100 percent operation Tuesday, nearly a week after an ice storm hobbled operations at its hub in New York.
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Business & money: Travelodge accuses Ryanair and easyJet of 'squeezing the life out of British tourism'
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Budget airline Easyjet has announce two new routes from Belfast International Airport to European capitals.
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Low-cost airline Easyjet says strong passenger numbers mean it will make better-than-expected annual profits.
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British no-frills airline easyJet has said it expected pre-tax profit to rocket by 40-50 percent in the current financial year, as the group unveiled soaring first-quarter revenues.
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Icelandair said it had bought an 8.4 percent stake in British low-cost carrier easyJet, describing the holding as a &quot;long-term trade investment.&quot;
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This week: bird flu fears force Indonesia to cull poultry, oil spill threatens Spain and Gibraltar, Muslims celebrate holy festival, and more.