Lufthansa to buy 19 percent stake in JetBlue
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Deutsche Lufthansa AG , Germany's national flag-carrier, will buy a 19 percent stake in low-cost U.S. airline JetBlue Airways Corp  in a deal worth about $300 million, the two airlines said on Thursday.
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German flag carrier Lufthansa plans to boost by 50 percent its flights to China by 2007, company chairman Wolfgang Mayrhuber said.
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German budget airline Air Berlin and its Austrian partner NIKI are buying up to 110 new jets from Airbus, which the European aircraft maker will start delivering next year.
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MUMBAI: DHL has agreed to pay $125 million for a majority stake in Indian courier firm Blue Dart Express, sparking a rally in its rivals on hopes of consolidation in India&#39;s fragmented courier industry.
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Air France-KLM Group ,  Europe's biggest airline, plans to invest in a combined Delta  Air Lines Inc  and Northwest Airlines Corp   carrier in exchange for a board seat, Bloomberg said on its  Website on Wednesday.
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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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France was selling almost half its stake in Air France KLM on Thursday as part of a wider deal which could see its remaining stake cut to below 20% and give staff shares in return for pay cuts.
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The German airline Lufthansa AG said Wednesday it has reached a pay deal with its ground staff in Germany that includes a two-year wage freeze, an agreement that follows a similar deal with its pilots reached earlier this week.
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France is selling almost half its stake in Air France KLM, in a deal set to raise at least 700 million euros ($933 million), sources close to the operation said.
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TOKYO Japan Airlines said Wednesday that it would buy as many as 50 of Boeing&#39;s 7E7 jets, a big order that will help the American company maintain a dominant position in the world&#39;s second-largest airplane market.
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Lufthansa is in talks to buy a stake of  just under 25 percent in JetBlue Airways , The New York  Times reported on its blog DealBook on Thursday.
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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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Germany's biggest airline Lufthansa is considering a multi-billion-euro purchase of some 100 new planes to replace part of its aging fleet.
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Lufthansa's supervisory board is scheduled to meet amid press reports that the German flag carrier is set to snub European aircraft maker Airbus and order the new stretched version of rival Boeing's 747 jet.
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China signed contracts Monday worth nearly $2.1 billion to buy 23 Airbus jetliners and other German industrial goods. The $1.3 billion Airbus deal calls for a state company that
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DUBLIN/LONDON  - Ryanair , Europe's biggest no frills airline, launched a 1.48-billion-euro ($1.9-billion) bid for Aer Lingus  on Thursday and said it had already bought a 16 percent stake in the rival Irish airline.
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HONG KONG : China&#39;s flagship carrier Air China has been handed a controlling stake in Hong Kong-listed aviation services company China National Aviation Co Ltd, the airline said on Monday.