FLYi Shares Up After Amending Airbus Deal
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Shares of FLYi Inc. soared in Monday trading after the parent of low-cost Independence Air said it reworked an agreement with Airbus SAS to delay delivery of several aircraft in an effort to preserve its cash liquidity.
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The European aerospace giant EADS today announced that it had more than doubled its profits in the first nine months of the year. EADS said the increase was helped by a surge in deliveries of its Airbus passenger jets.
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Shares in Alitalia gained over 5.0 percent Monday after the state-controlled airline clinched a final union agreement over job and wage cuts, clearing a key obstacle to its turnaround plan.
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Qantas shares are 1.5 percent higher Thursday after the Australian flag carrier confirmed the Aust. $1.1 billion ($770 million) exit of British Airways from its share register.
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Alitalia&#39;s shares soared yesterday as hopes increased that the struggling Italian airline and labour unions might clinch a deal on a relaunch plan aimed at saving the company before a deadline today.
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Shares in Royal Dutch/Shell have risen in Amsterdam and London, lifted by speculation that investors will increase their holdings in the stock to reflect its unified structure.
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Shares of Delta Air Lines Inc. (DAL.N: Quote, Profile, Research) jumped more than 16 percent on Monday on expectations that the carrier was near an agreement with its pilots union
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Europe's major stock indices have climbed after Wall Street had rebounded overnight, and on takeover news which included a multi-billion-dollar buy-out of Australian airline Qantas.
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Airbus turned the Paris Air Show into a festival of new orders on Wednesday, announcing a giant deal with Indian group Kingfisher Airlines and boasting that its order book had swollen by 75 billion dollars (56 billion euros) this week.
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Shares of US Airways UAIR.O rose  more than 5 percent on Thursday after the airline's pilots  union said it may soon agree on a plan to cut wages and  benefits to help the carrier avoid a second bankruptcy filing.
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Shares of both airlines climbed as the industry showed glimmers of resurgence, at least temporarily.
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ATA Holdings Corp.&#39;s stock price surged Thursday on renewed reports the Indianapolis airline and America West Airlines are in merger talks.
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DaimlerChrysler AG said Friday it sold a third of its stake in EADS, the parent company of planemaker Airbus, to a private investment group in a deal that will maintain the balance between German and French ...Comment
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Shares in ailing Italian national  carrier Alitalia surge on speculation that Air France is preparing to bid for the airline.
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Shares of FLYi Inc., operator of fledgling low-cost carrier Independence Air, dove as much as 36 percent in Wednesday trading after the company confirmed it may file for bankruptcy if it is unable to make $83 million aircraft lease payments in January.
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Struggling European aircraft maker Airbus is now looking at brighter skies thanks to rapid strides in the application of a restructuring plan and a possible new order for its A350, the head of the company said.
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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.