Travel & Leisure

BA-Iberia merger:possible obstacles

8:29 a.m. Sat 14 Nov 2009

The Financial Crimes blog warns of possible obstacles to the BA-Iberia merger. Alex does seem to have a point. The …

British Airways-Iberia merger

6:50 a.m. Fri 13 Nov 2009

British Airways and Iberia are to merge. The merger terms will give BA shareholders 55% of the combined business, which …

British Airways H1 and traffic numbers

9:21 a.m. Fri 06 Nov 2009

British Airways reported a pre-tax loss of £292m in the first half. Load factors, for both passengers and freight, improved …

Easyjet passenger statistics

5:11 p.m. Thu 05 Nov 2009

Easyjet’s latest passenger statistics show a strengthening recovery. The three percentage point improvement in load factor and the 6 …

Millennium and Copthorne Q3: not worsening as fast

9:16 a.m. Thu 05 Nov 2009

The most encouraging comment in Millennium and Copthorne’s statement on the its third quarter performance is that the rate …

JD Wetherspoon: cheap but indebted

8:13 a.m. Wed 04 Nov 2009

JD Wetherspoon’s first quarter trading update reports near flat like-for-like sales (+0.3%) with total sales increasing 4.5 …

Ryanair H1: expansion may cease

9:50 a.m. Mon 02 Nov 2009

Ryanair’s profits (for the first half of the year) have recovered from last year’s low level, but are …

British Airways convertibles issue

7:14 a.m. Fri 17 Jul 2009

British Airways is borrowing £300m by issuing convertibles. The potential dilution is significant as the bonds will be convertible into …

Mitchells & Butlers: slow growth

8:53 a.m. Thu 16 Jul 2009

Mitchells & Butlers, which owns a number of pub chains including Harvester, All Bar One and O’Neill’s, produced like-for-like …

Enterpise Inns continues selling

8:36 a.m. Thu 16 Jul 2009

Enterprise Inns continues to pay off debt by selling pubs and there has been “no material change in the underlying …

Wetherspoon: expansion and better margins

10 a.m. Wed 15 Jul 2009

Pub operator JD Wetherspoon saw a 0.8% drop in like for like growth in the fourth quarter: not drastic …