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Sunday, December 24, 2006

Airline fares - EU negative comments on Ryanair bid

The European Commission has said Ryanair's proposed E1.4 billion take-over of Aer Lingus would raise serious competition concerns and could reduce choice for consumers and increase fares.
The U.S. airline industry has entered a new phase: emphasizing mergers and acquisitions. US Airways and America West merged last year. US Airways has made a...
WASHINGTON - Inflation stayed docile for a third straight month in November, helped by falling energy prices and lower costs for everything from new cars and airline tickets to food and clothing.
DALLAS, Dec. 19 /PRNewswire-FirstCall/ -- Cool getaways are easy with Southwest Airlines' low fares.
Goodyear Tire & Rubber Co. and 15,000 union workers in the United States and Canada tentatively agreed Friday to a new contract that would end a two-month-plus strike over health care for retirees and Goodyear's plan to close a tire factory in Texas, the union said.
What do you think of United's new website? If the airline industry needs to contract to survive, why does Delta want to stand alone? What is the biggest U.S. airport by land area? Did US Airways' takeover bid force Delta...
Delta Air Lines formally rejected the hostile bid from US Airways Group early Tuesday, saying regulators are unlikely to approve the combination because of the risk of higher airfares and that its creditors will get more if it stays independent.
Low-cost Irish airline Ryanair said it was retracting its hostile takeover bid for its national carrier Aer Lingus with immediate effect because of a European Commission probe into the bid.
SEPANG, Dec 22 (Bernama) -- Budget airline, AirAsia Bhd plans to build its low cost maintenance, repair and overhaul (MRO) facilities in Malaysia within the next five years, group chief executive officer Datuk Tony Fernandes said.