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SAO PAULO - UBS initiated its coverage of shares of Brazilian airline GOL Linhas Aereas Inteligentes with a buy recommendation, it said Tuesday in a research report for its clients.
At least 25 percent of Amadeus will be publicly traded when the company makes its initial public offering (IPO) of stocks in an attempt to raise US$1.23 billion so it can pay down its debt.
Beginning April 12, travel agents will no longer need to return unused ticket stock to ARC, saving on the expense of shipping for returns.
The NASDAQ Stock Market has notified TRX that it is no longer in compliance with a listing rule that requires the company to maintain a minimum of US$2.5 million in stockholders' equity.
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.
A plan to repurchase $50 million worth of Alaska Air Group stock was approved by the airline holding group’s board, the company announced Friday.
China Eastern Airlines Corp.
HOUSTON, TX - ExpressJet Holdings, Inc. announced today that its stockholders approved a 1:10 reverse stock split of its common stock.