German airline Lufthansa eyes stake in BMI
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German flag carrier Lufthansa is interested in buying a 20-percent stake in British airline BMI currently held by Scandinavian Airlines System (SAS), the business daily Handelsblatt reported on Thursday.
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Lufthansa reiterated its profit forecast for 2004 after investment bank Goldman Sachs cut its earnings estimates for the carrier, citing high oil prices.
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The French government said Thursday it is selling a 17.7 percent stake in Air France-KLM, the world's largest airline, in a move that will help the state reduce its debt and scale back its influence on the Franco-Dutch carrier.
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Ryanair, Europe's largest low-cost airline, might introduce in-flight gaming.
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German airline Lufthansa posted a euro125 million (US$155 million) net profit in the third quarter, more than making up losses from a year ago thanks to stronger demand for air travel, the company said Thursday.
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German flag-carrier Lufthansa declined to comment Thursday on a French newspaper report which said that it was in discussions on a possible acquisition of &quot;all or part&quot; of Spanish airline Iberia.
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Description: Troubled airlines have been trying to save on high-priced fuel by cutting back on extra weight. But it turns out the biggest problem is the passengers.
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Germany's Deutsche Lufthansa  said it planned to offer 5.7 percent more seating capacity on its global flight network for the winter season, boosted by increases on U.S. and Asian routes.
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German low-cost carrier Air Berlin said Thursday it was planning to buy the Condor airline from British-based travel operator Thomas Cook.
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Nearly 50 Pittsburgh-area businesses that have financial ties to Germany and western Europe say they'll purchase $10 million worth of airline tickets if German airline Lufthansa will serve the ...
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Lufthansa could decide within 10 to 14 days whether it will begin nonstop service from Pittsburgh to Frankfurt, Germany, a route much missed by area businesses since US Airways dropped it Nov.
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British billionaire Richard Branson of Virgin Group is touted to be taking a stake in Malaysia&#39;s new AirAsia long-haul budget airline, the Star newspaper reported.
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A Saudi investor has taken a three-percent stake in low-cost carrier Air Berlin, the German airline said Tuesday, amid persistent takeover rumours.
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British Airways Plc. plans to sell its  A$1.12 billion ($773 million) stake in Australia's Qantas  Airways Ltd. in the next two days to cut debt and take  advantage of future consolidation in Europe.
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BMI and Air France become the latest airlines to raise ticket prices in response to higher fuel costs.
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In a blow to Airbus SAS, German airline Lufthansa AG said yesterday it would order 20 Boeing 747-8 planes, with purchase rights for 20 more, becoming the first carrier to order the new long-haul jet for passenger service.
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Austrian Airlines Group, which owns Austria&#39;s largest carrier, is seeking 119 passengers that Belgian authorities said may have been exposed to bird flu from two infected eagles in a carry-on bag from a flight last week.