Airlines

Page 1

Deutsche Lufthansa AG to sell IT business to IBM

Wednesday, 22 Oct 2014 02:01am EDT

Deutsche Lufthansa AG:Says is close to selling its IT infrastructure division and completing outsourcing deal with IBM, which will result in a 240 million euros ($305.57 million) pre-tax charge in 2014.Says deal is expected to close at Q1 2015 end.

Virgin Australia Holdings Limited announces proposed acquisition of remaining 40 pct. of Tigerair Australia

Thursday, 16 Oct 2014 07:00pm EDT

Virgin Australia Holdings Limited:Says that it will acquire the remaining 40 per cent of shares in Tiger Australia Airways Pty Ltd from Tiger Airways Holdings Limited for a price of A$1.The transaction, once completed, will see Virgin Australia secure 100 per cent ownership and full control of Tigerair Australia and brings to a conclusion the joint venture between Virgin Australia and Tiger Holdings which commenced on July 8, 2013.Says as part of the proposed acquisition, Virgin Australia will secure the brand rights to fly Tigerair Australia to a number of short-haul international destinations, providing new growth opportunities for the business.Virgin Australia anticipates that completion will occur by the end of 2014.

Icelandair Group reaches agreement for new hotel in Reykjavik City Center

Monday, 13 Oct 2014 07:27am EDT

Icelandair Group hf:Says Icelandair Group reaches an agreement for a new hotel in Reykjavik City Center.Says Icelandair Hotels, a subsidiary of Icelandair Group, will open a new luxury hotel in center of Reykjavik in the beginning of year 2016.Says Icelandair Hotels project will be implemented in cooperation with Sudurhus, which is owner of site and will be in charge of constructions.Says Icelandair Hotels will lease the hotel facility for 20 years.

Markets

  • Sectors
  • U.S.
  • Europe
  • Asia

Sector Summary

Analyst Research

Report Title Price
Provider: Renaissance Capital
$92.00
Provider: Renaissance Capital
$92.00
Provider: Auerbach Grayson & Co., Inc.
$75.00
Provider: New Constructs, LLC
$10.00
Provider: Reuters Investment Profile
$20.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.