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Alitalia

Changes at helm of oil and gas firm

EXPLORATION DUBLIN-listed oil and gas exploration company Dragon Oil said it has appointed Mohamed Al Ghurair as non-executive chairman following the resignation of executive chairman Hussain Sultan. Dragon said Mr Sultan...

Alitalia may keep flying after all

It appears that Alitalia may yet escape its latest brush with collapse. "Four major unions, including Italy's biggest, threw their support behind an investor bailout of flag carrier Alitalia, breathing life into a deal...

Milan shares close lower on U.S. bail out delays, led by cyclicals UPDATE

MILAN (Thomson Financial) - Share prices closed lower, tracking Wall Street on delays in the U.S. authorities agreeing a bail out package for the financial sector, led by stocks which react most to the downturn in the...

Next Airline To Go Bust - Plane Crazy

XL Leisure – gone. Alitalia – going. FlyGlobespan – rumoured to be next. It's been a tough month for airlines, their staff and their passengers. The threat of being the next company to go bust is constantly hanging...

European market Update

In Currencies: The USD maintained a firmer tone against the European pairs, but was lower against the Japanese Yen as risk aversion remained the dominant topic as the US bailout package stalls in Congress. Carry-related...

AEI: European Authorities Respond Positively To AEI Aircraft Safety Warning

AEI (Aircraft Engineers International) are encouraged by the more positive approach witnessed from some National Authorities to its recent safety warnings. 20th September) EASA (European Aviation Safety Agency) confirmed...

Kill the competition: Bailout doubt ... UK exposure ... WaMu fails

Friday, September 26, 0730 GMT Welcome to today's round-up of business news from The Times: what we're saying, what they're saying Top stories New York Times: The US financial rescue plan remained in doubt ; lawmakers...

Banks hitting the skids, but is it all going bananas?

Published Date: 26 September 2008 THE worst economic shock since the Great Depression could change Scotland's flagship financial services sector beyond recognition. The potential absorption of Bank of Scotland, Britain's...

Key unions back Alitalia rescue plan

Four key union confederations agree Alitalia rescue plan with investors PM Berlusconi's government summoned sides for crisis talks Thursday Authorities have set Sept. 30 deadline for investor offers for ailing carrier...

Northwest shareholders OK Delta merger

NEW YORK -- Shareholders of Northwest Airlines Corp. overwhelming approved plans to merge with Atlanta-based Delta Air Lines Inc. in an all-stock deal that create the world's largest airline and end the 82-year history...