British Air’s earnings fall by 12%

British Air’s earnings fall by 12%

By Rod Stone

The Wall Street Journal Europe

05 Feb 2007



LONDON— British Airways PLC posted a 12% drop in fiscal thirdquarter net profit, as weather-related cancellations and tighter security measures hit revenue growth. The U.K.-based carrier on Friday also said the cabin-crew strike averted last week will... read more...

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Delta clears barrier in effort to fend off US Airways offer

Delta clears barrier in effort to fend off US Airways offer

By Corey Dade

The Wall Street Journal Europe

31 Jan 2007



Delta Air Lines Inc., working to fend off a hostile takeover by US Airways Group Inc., says it has obtained $2.5 billion in financing to exit frombankruptcy as an independent company later this year. The funds, underwritten by six leading lenders,... read more...

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