Hints and tips:
...That is more than Alaska’s 65, or the combined total of 52 at Copa Airlines, Aeroméxico and Icelandair....
...The deal between Mr Buffett’s holding company and EHF was reached after several other deals had fallen apart due to regulatory concerns....
...FL Group grew out of Icelandair and became one of the island’s most high-profile financial groups because of its outspoken attacks on the management of American Airlines and Finnair....
...The company, which grew out of Icelandair, has become one of the island’s most high-profile financial groups because of its outspoken attacks on the management of American Airlines and Finnair....
...FL previously owned Icelandair, has a holding in Finnair and sold a stake in EasyJet earlier this year....
...FL Group made a profit of $590m from the sale this year of its stakes in EasyJet and Icelandair, the country’s flag carrier....
...The day’s biggest casualty was EasyJet, which slumped 8.7 per cent to 327p as JPMorgan struggled to sell the 16.7 per cent stake held by FL Group, the owner of Icelandair....
...Citigroup also noted the potential for a takeover and said easyJet remained a possible target for FL Group, the parent company of Icelandair, which has amassed a 16.2 per-cent stake in the Luton-based company...
...It was sparked by a report that the no-frills airline had recruited Goldman Sachs to defend it from a potential bid from FL Group, a major shareholder that also owns Icelandair....
...Icelandair now owns 11.5 per cent of the company....
...The 757 will have Icelandair flight crew and BMI cabin crew. BMI said last week that it expected to return to operating profit this year following four successive years of losses....
...The recent purchase by Icelandair of more than 10 per cent of EasyJet's shares has given the shares support, although it seems to be a trade investment rather than the prelude to a takeover....
...Easyjet, the budget airline, fell 3.3 per cent to 147p on some profit-taking after a 20 per cent run-up in the share price in the previous two trading sessions, culminating in news that Icelandair had taken...
...Easyjet, the budget airline, jumped another 8 per cent to 158.75p in late trade after Icelandair increased its stake to 10.1 per cent....
...Shares in the rival budget airline rose 6.9 per cent to 170½p on heavy volume, which suggested Icelandair may have added to its 10.1 per cent stake.....
...Easyjet, where Icelandair recently acquired a 10.1 per cent stake, was 2.8 per cent better at 176½p. Oil stocks were sold after crude prices slid....
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