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Hourly

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European airlines secure supplies of low-carbon jet fuel

FACTBOX-European airlines secure supplies of low-carbon jet fuel Adds new IAG deal Feb 28 (Reuters) - European airlines are signing sustainable aviation fuel (SAF) deals needed to meet carbon-reduction targets set by the European Union. The adoption of alternative fuels made from bio-based materials could cut carbon emissions by up to 80% compared to conventional fuel, and is seen as a means of helping the sector reach its net zero emissions goal by 2050. In November 2023 , a Virgin Atlantic pla
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EasyJet, Hikma, Kosmos Energy

EUROPE RESEARCH ROUNDUP-EasyJet, Hikma, Kosmos Energy Feb 27 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including EasyJet, Hikma and Kosmos Energy, on Tuesday. HIGHLIGHTS * EasyJet EZJ.L : JP Morgan cuts target price to 680p from 690p * Hikma HIK.L : Berenberg raises target price to 2000p from 1960p * Kosmos Energy Ltd KOS.L : Panmure Gordon raises target price to 762p from 744p * L'Oreal OREP.PA : Berenberg raises to buy from hold; rai
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Ryanair may have to cut summer flights due to further Boeing delays

UPDATE 3-Ryanair may have to cut summer flights due to further Boeing delays Adds comments from industry sources and Boeing in paragraphs 5-7 By Joanna Plucinska DUBLIN, Feb 26 (Reuters) - Ryanair RYA.I will receive even fewer Boeing BA.N aircraft by the end of June than previously expected, CEO Michael O'Leary said on Friday, potentially causing the budget carrier to cut its summer schedule at the busiest time of the year.
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Ryanair may have to cut summer flights due to further Boeing delays

Ryanair may have to cut summer flights due to further Boeing delays By Joanna Plucinska DUBLIN, Feb 26 (Reuters) - Ryanair RYA.I will receive even fewer Boeing BA.N aircraft by the end of June than previously expected, CEO Michael O'Leary said on Friday, potentially prompting the budget carrier to cut its summer schedule at the busiest time of the year.
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Airlines test fliers' tolerance for high prices to bolster profits

ANALYSIS-Airlines test fliers' tolerance for high prices to bolster profits By Joanna Plucinska and Rajesh Kumar Singh LONDON/CHICAGO, Feb 22 (Reuters) - U.S. and European airlines will aim to boost profits again this year with higher ticket prices as they try to squeeze what they can from the post-COVID travel boom and mitigate higher costs amid persistent plane shortages, investors and executives say.
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