Hints and tips:
...We think the recent de-rating prices in a scenario of permanently lower airline capex, smaller fleets, lower growth and more cyclical profitability....
...For PayPass wallet services, MasterCard is partnering with merchants including American Airlines and Barnes & Noble as well as financial institutions such as Citibank, National Bank of Canada, Banesto and...
...Delta’s plans at La Guardia, including spending $100m to expand terminals C and D and building a bridge between the two, could add to the woes of bankrupt carrier American Airlines, the incumbent number...
...Fitch reduced Santander from AA minus to A, alongside reductions for La Caixa and Bankia....
...In case you still can’t believe it — we present page 180 of the prospectus for Madrid Activos Corporativos V, FTA: Full document (in Spanish) in the usual place....
...Moody’s has also placed the Aa1 rating of Spain’s Fondo de Reestructuracin Ordenada Bancaria (FROB) on review for possible downgrade as the FROB’s debt is fully and unconditionally guaranteed by the government...
...Earlier in the day, Caja Madrid and La Caixa, the two largest such banks, said they were seeking a merger with several smaller competitors. The Bank of Spain has been urging such moves....
...British Airways surged 5 per cent on hopes deals with Iberia and American Airlines were imminent. There were signs that “short” investors betting on price falls had been caught out by the gains....
...I’d say the George V for sheer over-the-topness and people-watching, lunch at Noura, a treat from Goyard and dinner at Ferdi....
...Travellers from Europe will have to connect in the US, where LAN and American Airlines have direct flights....
...Southwest Airlines sustained a loss of $247m on fuel price hedges in the third quarter of this year, dragging it into loss for the first time in its history....
...It blamed weaker returns from dairy ingredients and lower sale prices for its surplus properties. A Citi downgrade from “buy” to “sell” cost the banknote printer De La Rue 6.7 per cent at 857½p....
...and quintessential western leader on the Road; the American equivalent of Carla Sarkozy and her Dior airline ensembles....
...more choice, because of financial relationships the groups have with television programmers and distributors, who oppose à la carte....
...UK and American Airlines and United Airlines from the US....
...La Caisse d’Amortissement de la Dette Sociale, or Cades, the agency in charge of refinancing France’s social security debt, was boosted by strong demand for a $1.25bn issue of 10-year bonds, with an order...
...With the sudden shifts in position that took place during last week’s Latin American, Caribbean and European summit in Vienna, it may even re-emerge as a possibility (see here and here)....
...Oneworld alliance members include British Airways, Finnair, American Airlines, Aer Lingus and South America’s LAN....
...The airline is a joint venture between a bank and an investment fund, both Mexican, and Televisa and Taca, respectively a Latin American broadcasting company and an airline....
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