Page 40 - Tim Hepher News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Ryanair is aiming to double its business in the fast-growing Polish market and expand across eastern Europe over the next decade, executives said, taking on rival Wizz Air and opening a new front in the battle of the budget airlines. As part of its strategy, Ryanair, whose low fares have helped it dominate markets in Ireland, Italy and much of western Europe, aims to beef up its presence at eastern European airports. It already operates from more than a dozen Polish airports, including nine bases, CEO Michael O'Leary told Reuters, often negotiating special deals to secure lower fees - c...

By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) - U.S. private equity firm Apollo Global Management is seeking to join the consortium that Scandinavia...

U.S. private equity firm Apollo Global Management is seeking to join the consortium that Scandinavian airline SAS last week picked to take it through bankruptcy proceedings, according to a source...

By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) - U.S. private equity firm Apollo Global Management is seeking to join the consortium that Scandinavia...

U.S. private equity firm Apollo Global Management is seeking to join the consortium that Scandinavian airline SAS last week picked to take it through bankruptcy proceedings, according to a source familiar with the matter. Long-struggling SAS, ravaged by the pandemic and pressured by low-cost rivals, sought bankruptcy protection last year. SAS announced last week that Air France-KLM and U.S. investment firm Castlelake would become new major shareholders alongside the Danish state.