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...The firm says it owns, finances or leases more than 200 aircraft, and counts Delta, Avianca and Qatar Airways as lessees....
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...Five US carriers have raised bag fees by $5 in the past two months, starting with Alaska Airlines and JetBlue Airways in January and February, then American Airlines, United Airlines and Delta in a two-week...
...British Airways owner International Airlines Group has reported record annual profits as it cashed in on “sustained” demand for leisure travel at high prices, including from holidaymakers filling business...
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...US market....
...Activist investor Sparta Capital Management is calling on London-listed engineer Wood Group to consider a US listing to address the “continued underperformance of its shares”....
...The Virgin Group owns 51 per cent of the airline, while the remaining 49 per cent is held by US carrier Delta Air Lines....
...That has unnerved the lawyers who believe the state’s reputation for predictability is eroding, potentially risking its status as the premier place for US businesses to incorporate....
...A US federal judge has blocked JetBlue Airways’ proposed $3.8bn acquisition of Spirit Airlines, in a victory for the Biden administration’s top antitrust enforcer at the Department of Justice....
...The region’s big national airline groups, British Airways owner IAG, Air France-KLM and Lufthansa, are still flying smaller schedules than in 2019, after cautiously rebuilding their businesses from the pandemic...
...Global airline groups, including British Airways owner IAG, have also reported strong profits in the past few weeks, as airfares remain higher than pre-pandemic levels....
...Meanwhile, the entity in question — Change Healthcare — is restoring its systems, after reportedly paying a $22mn ransom to the BlackCat hacker group. But investors should pay close attention....
...The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants LVMH and Kering....
...MainFT, last night: The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants...
...After funding ByteDance’s seed round, Yass’s group put in “hundreds of millions” more in subsequent funding rounds, according to court records in the US....
...The group is set to hold a town hall for staff on the US situation on Wednesday....
...But investors have soured on the group as it competes in a costly streaming battle with larger competitors such as Disney and Netflix....
...The combined group would have revenues of about £4.7bn in North America, JD Sports said, adding that the region’s contribution to sales would increase to about 40 per cent, from current levels of about 30...
...As US Treasury secretary Janet Yellen points out, it is possible to disagree with China without being disagreeable....
...Others, such as Sweaty Betty, now owned by US shoe group Wolverine Worldwide, have been acquired....
...There has also been a push from consumer groups and airports to stop the wave of consolidation, amid questions over whether airline takeovers in the US have benefited consumers....
...Data from S3 Partners shows TMTG is the third-most expensive US stock to borrow for short sales among companies with more than $25mn of short interest, behind cannabis group Canopy Growth and electric-car...
...US-based Group 1 Automotive, which already has 55 UK sites, will buy its retail business, consisting of more than 80 forecourts across the country, Inchcape said on Monday....
...Epic largely lost a high-profile legal case against Apple in the US....
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