FLYi Shares Advance After Amending 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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A proposed $10 round-trip airfare increase that initially looked like it might stick fell apart over the weekend. The increase was proposed by American Airlines late last week and matched
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Icahnâs American Real Estate Partners had improved its offer in the past week to $37.25 a share, but some shareholders said Lear was worth far more.
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Shares of Italian airline up on optimism that pilot agreement is first step to regaining health. ROME  - With a boost from a vital deal with pilots, Alitalia and unions for cabin crew and ground staff
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Shares in British insurer Resolution  climbed more than 3 percent in early trade on Monday on hopes of a 5 billion pound ($10.2 billion) bid from rival Standard Life , backed by Swiss Re .
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Shares of US airlines took off in Wednesday trading after UBS Investment Bank raised its rating on Delta Air Lines Inc., saying the cash-strapped carrier&#39;s latest survival moves are lessening prospects of bankruptcy.
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Shares of Delta Air Lines Inc. jumped  on Thursday after the company and its pilots union reached a  tentative contract that will save the cash-strapped carrier $1  billion a year.
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Vector will float up to 24.9 per cent of its shares on the stock exchange &quot;later rather than earlier&quot; in the next year to help pay for its takeover bid for NGC.
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European equity markets moved a little higher on Monday as industrial stocks were lifted by takeover speculation.
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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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Shares of ATA Holdings Corp. (ATAH.O: Quote, Profile, Research) jumped as much as 22 percent on the Nasdaq on Thursday morning after a Wall Street Journal report that America West
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Qwest Communications International Inc.  on Sunday hiked its takeover offer for MCI Inc.  to about &#36;7.3 billion in cash and stock, sources familiar with the situation said, while rival bidder Verizon Communications Inc.  responded by altering its lower offer.
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British Airways has sold its A$1.1 billion (431 million pounds) stake in Australia&#39;s Qantas Airways to Australian and international investors, helping push up Qantas shares by over 2 percent.
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Budget airline Ryanair Holdings PLC has raised its stake in Irish rival Aer Lingus Group PLC to 25.2 percent in a renewed push to take over the recently privatized carrier, Ryanair's broker confirmed Wednesday.
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Shares in Airbus parent EADS  rose early on Tuesday after its board approved its Power8 restructuring plan for Airbus, which has suffered from the costly delay of its A380 superjumbo and a weak dollar.
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Shares of both airlines climbed as the industry showed glimmers of resurgence, at least temporarily.
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Airline shares rose on Tuesday, led by Continental Airlines , which was up more than 6 percent after reporting strong June revenue a day earlier.