Showing posts with label Investing. Show all posts
Showing posts with label Investing. Show all posts

Tuesday, 8 April 2014

Ryanair opens two Polish bases

Ryanair is opening two Polish bases later this year, at Warsaw Modlin and Gdansk, the airline has confirmed. The no-frills carrier will also open four new routes this winter from Warsaw to Gdansk, Madrid, Shannon and Wroclaw. Ryanair said with an investment of $90 million at Warsaw Modlin airport it aims to deliver 1.9 million passengers a year and sustain 1,900 "on-site" jobs. Ryanair's chief marketing officer Kenny Jacobs said the investment in key business routes and new products proves the airline "delivers more than just low fares".
"Customers can now book their flights on our much improved website and enjoy a free small second carry-on bag, quiet flights, allocated seats and use their personal electronic devices at all stages of their flight, with family and business products coming soon," said Jacobs.

Friday, 4 April 2014

Qatar Airways may be investing in Balkan-based airline

As reported in the Balkan Business media, the CEO of Qatar Airways, Akbar Al Baker clarified speculation that the Qatari carrier could look into purchasing a minority stake in an airline in the region and follow the example of its Middle Eastern rival Etihad Airways. Mr. Al Baker says the airline is “actively discussing opportunities” with other passenger carriers. “When we see that there are strong synergies between the two carriers we are open to investment”, Mr. Al Baker says.
The outspoken Qatar Airways CEO has disclosed that Qatar Airways was offered the unprofitable Olympic Airlines, Air Seychelles and “even Air Serbia”, while Alitalia, which has suffered years of losses, has indicated its availability “several times over the past five years”.