By Travel-Guy, 1 year and 5 months ago

Onex Could Back New Bombardier Airliner

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Onex, the Canadian buyout firm, could be a partner for Bombardier if the plane maker decides to build a new 110-to-130-seat passenger jet, an analyst said on Thursday.

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By Travel-Guy, 1 year and 6 months ago

Air Canada Downgraded Analysts Prefer WestJet

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While Air Canada (ACa/TSX) continues to benefit from a strong domestic market, some softness for its U.S. transborder business is causing the airline to shift additional capacity to Canada this summer, Versant Partners analyst Cameron Doerksen said in a note to clients.

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By Travel-Guy, 1 year and 6 months ago

Delta Narrows Loss As Bankruptcy Exit Nears

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Delta Air Lines has posted a narrower first-quarter a week before the bankrupt carrier is due to exit Chapter 11, boosted by higher fares and lower costs.

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By Travel-Guy, 1 year and 6 months ago

BA Approaches Private Equity Firms On Iberia

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British Airways has approached a number of private equity companies about making a consortium takeover bid for Spanish airline Iberia, BA said on Monday.

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By Travel-Guy, 1 year and 6 months ago

Buyout Group Says Qantas Offer Will Not Be Extended

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A buyout group including Macquarie Bank said on Sunday it would not extend its AUD$11 billion (USD$9 billion) bid for Australia's Qantas Airways beyond May 4, but would speed up payments to shareholders who accepted.

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By Travel-Guy, 1 year and 7 months ago

Soros Raises Stake In JetBlue

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Billionaire investor George Soros reported in a regulatory filing on Wednesday that he had increased his stake in discount carrier JetBlue Airways to 11.5 percent from 9.7 percent.

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