Icelandair Buys 8.4 Pct. Stake in EasyJet
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Icelandair Group said Friday it had bought an 8.4 percent stake in budget airline easyJet PLC, whose share price has soared during two days of hectic trading.
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Ryanair and easyJet both announced plans to expand in the Italian market following the collapse of the low-cost airline Volare, which has declared insolvency and suspended flights and ticket sales.
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India&#39;s only budget carrier Air Deccan agreed on Tuesday to buy 30 A320 planes from Airbus in a deal the European planemaker said was worth USD$1.8 billion at list prices.
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Airbridge, a Hungarian consortium backed by Russia's KrasAir, has bought the Hungarian state's 99.95-percent stake in debt-ridden Malev Airlines for 200 million forint (793,650 euros, 1.04 million dollars), officials said Friday.
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British no-frills airline easyJet on Monday said it has agreed with European aircraft manufacturer Airbus to exercise options over 35 Airbus A319 jets for delivery in 2011 and 2012.
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Britain's biggest bus company,  FirstGroup Plc , said on Friday it had agreed buy  Laidlaw International Inc. , the U.S. operator of  inter-city Greyhound buses, for $2.8 billion plus debt.
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The boss of Aer Lingus confirms that its Irish rival and hostile suitor Ryanair has increased its stake in the firm to 25%.
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Ryanair, Europe's biggest no-frills airline, has launched a takeover offer for airline Aer Lingus that values its rival at 1.481 billion euros (1.883 billion dollars).
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QANTAS Airways shares firmed yesterday following British Airway&#39;s sale of its 18.25 per cent stake in the carrier. BA&#39;s 336 million shares in Qantas were sold to Australian and international institutions at
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Europe's biggest budget airline Ryanair   unveiled plans for a 1.48-billion-euro ($1.9 billion)  bid for Aer Lingus  on Thursday and said it had bought  a 16 percent stake in the rival Irish airline.
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Nordic airline Norwegian Air Shuttle agrees to buy 42 of Boeing's "green" 737-800 passenger jets for more than $3bn.
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Aeroflex Inc. , which provides  technology solutions to the aerospace and other markets, said  it agreed to be acquired by private equity firms General  Atlantic and Francisco Partners for about $1.0 billion.
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Budget airline Easyjet agrees to buy UK carrier GB Airways for Â£103.5m.
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Australia's Qantas Airways  agreed on Thursday to a sweetened $8.7 billion buyout offer from a group led by Macquarie Bank Ltd.  and private equity firm Texas Pacific Group in the world's biggest airline takeover.
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By Kyodo News International, Tokyo  Dec. 14--SYDNEY -- Australia's Qantas Airways said Thursday it has  accepted a revised A$11.1 billion (about US$8.7 billion) buyout offer by a  consortium led by a local investment bank, a local newspaper reported.
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The British low-cost airline easyJet reported improved trading conditions during the European summer and raised its full-year profit forecasts.
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Australiaâs largest airline agreed to an $8.7 billion buyout offer from a consortium led by Macquarie Bank and the Texas Pacific Group.