Financial Picture Improves
By Wolfgang H. Thome, eTN
The Rwandan national airline has reaffirmed its desire to continue with the privatization process at some stage in the future, when the value of RwandAir has increased and interest in the acquisition
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Japan Airlines
TOKYO — Shares of struggling Japan Airlines Corp. nosedived to a record low Wednesday on growing fears the money-losing carrier could be put through bankruptcy court as part of restructuring.
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Lan Airlines
By James Attwood and Alex Emery
Lan Airlines SA, Latin America’s biggest airline by market value, plans to list shares in Peru as the region’s issuers and exchanges seek to increase trading volume and lure foreign investors.
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Japan Airlines
By MARI YAMAGUCHI
Shares of Japan Airlines surged nearly 12 percent Monday following a report the government is expediting a rescue for the struggling carrier.
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Lufthansa-Related UK Holding Company Will Hold 100 Percent In Bmi
By eTN Staff Writer
With effect from November 1, 2009, Lufthansa-related UK holding company, LHBD Holding Limited (LHBD), will take over a further 20 percent stake in British Midland PLC (bmi).
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GOL
SAO PAULO - Brazilian no-frills airline GOL Linhas Aereas Inteligentes SA (GOL) will continue to correct weaknesses in its cash position with a large global share issue next month.
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British Airways
LONDON - British Airways Plc has secured shareholder backing for a possible rights issue of new stock, according to a report in the Observer newspaper on Sunday.
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China
China Eastern Airlines Corp., releasing details of its agreed takeover of Shanghai Airlines Co., offered about 9 billion yuan ($1.3 billion) as it seeks to dominate air travel in the nation’s financ
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Freed From Hahn's Financial Obligations
By eTN Staff Writer
FRANKFURT, Germany - With retroactive effect to January 1, 2009, the State of Rhineland-Palatinate is taking over all of Fraport AG's shares in Flughafen Frankfurt Hahn GmbH (FFHG).
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Merrill To The Rescue
By money.cnn.com
NEW YORK - US Airways said Thursday that Merrill Lynch has agreed to buy 19 million of the airline's shares in a new public offering.
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