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12:49am
US Airways, Delta airport swap deal stalls
Delta Air Lines and US Airways could walk away...slots to competitors.In a joint statement Delta and US Airways expressed their “disappointment...The original deal was intended to allow Delta, the world’s largest airline, to... By Jeremy Lemer in New York
February 9, 2010
Rebuff to Delta as JAL sticks with American
...American Airlines has fended off an attempt by Delta to draw away Japan Airlines, its biggest...share revenues on trans-Pacific routes.Delta had been trying to draw JAL, which declared...similar arrangement in its SkyTeam alliance.Delta and American had both offered hundreds of... By Jonathan Soble in Tokyo
2:00am
Rebuff to Delta as JAL stays by American's side
...American Airlines has fended off an attempt by Delta to draw away Japan Airlines, its biggest...share revenues on trans-Pacific routes.Delta had been trying to draw JAL, which declared...similar arrangement in its SkyTeam alliance.Delta and American had both offered hundreds... By Jonathan Soble in Tokyo
November 27, 2008
Extent of Sigma fall-out becomes clear
...Other banks quickly followed suit and Sigma was forced to cease trading. At the time...with creditors in early December”. Sigma also has $4bn of junior capital note...recover. Henderson declined to comment. Sigma Finance, was managed by London-based...also manages another complex vehicle, Theta, that invests in credit derivatives... By Anousha Sakoui
January 26, 2010
Delta sees brighter skies ahead
...corporate travellers are starting to return Delta Air Lines, the largest carrier by passenger...quarterly profits.Richard Anderson, Delta chief executive, said “2009 was one of the...measure – increase in each month of 2010.Delta also hopes to increase its $4bn ancillary... By Jeremy Lemer in New York
January 27, 2010
Delta sees brighter skies ahead
Delta Air Lines, the largest carrier by passenger...improved quarterly profits. Richard Anderson, Delta chief executive, said "2009 was one of...measure - increase in each month of 2010. Delta also hopes to increase its $4bn ancillary... By Jeremy Lemer in New York
February 7, 2010
IPOs hit by market volatility
...month.Some flotations have been hailed as successes, such as Verisk Analytics, US provider of risk assessment services, and Delta Lloyd, the Dutch insurer, encouraging bankers to press ahead with plans.Montagu, the UK private equity group, has hired... By Lina Saigol, Kate Burgess and Miles Johnson in London
February 7, 2010
Airports: Aviation policy starts to spread its wings
...which began life as a domestic-only carrier and has better infrastructure at Haneda.American carriers, such as United and Delta, worry that splitting international traffic between two airports would jeopardise their regional connections and dilute the... By Jonathan Soble
October 29, 2009
Top court gives Sigma creditors equal rights
...recoup huge losses from the collapse of Sigma Finance will all be treated on an equal...overturned a Court of Appeal decision that Sigma creditors whose debts fell due first should...that the vehicles would become insolvent. Sigma was a Structured Investment Vehicle, which... By Jane Croft and Anousha Sakoui
February 4, 2010
Yar’Adua camp blocks way out of impasse
...lives were lost in an outbreak of communal violence in the central town of Jos last month. Now the truce in the Niger delta that has allowed oil production to recover since an amnesty for militants kicked in last year is unravelling. With oil at $75 a barrel, there may be... By William Wallis