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’A380 engine failure hits EADS, Rolls-Royce
Shares in European planemaker EADS fell as much as 2.5 per cent on Thursday after an Airbus A380 operated by Qantas, was forced to make an emergency landing in Singapore. It seems one of the plane’s four Rolls-Royce-manufactured engines exploded — causing the flight to be abandoned just 15 minutes after takeoff.
EasyDividend
EasyJet shares took off at Monday’s open in London:
That’s after the airline announced the resolution of its ‘easy’ brand licensing dispute with founder Sir Stelios Haji-Ioannou — staving off costly High Court litigation later this year — and adding more good news to last week’s upgraded profit expectations.
Introducing the ‘all you can fly’ jet pass
This little story on JetBlue Airways caught our eye on Reuters on Thursday (our emphasis):
NEW YORK (Reuters) – JetBlue Airways is offering a $599 one-month pass for unlimited travel on Wednesday in a bid to get more passengers airborne and jump-start a sluggish summer for the airline industry. The pass,
Oil is the great unknown for airlines
The International Air Transport Association, IATA, has issued its latest industry earnings forecast and the outlook has deteriorated.
The world’s airlines are now forecast to lose $9bn this year. The newest 2009 forecast is double the level IATA predicted in March,