AGL 40.21 Increased By ▲ 0.18 (0.45%)
AIRLINK 127.64 Decreased By ▼ -0.06 (-0.05%)
BOP 6.67 Increased By ▲ 0.06 (0.91%)
CNERGY 4.45 Decreased By ▼ -0.15 (-3.26%)
DCL 8.73 Decreased By ▼ -0.06 (-0.68%)
DFML 41.16 Decreased By ▼ -0.42 (-1.01%)
DGKC 86.11 Increased By ▲ 0.32 (0.37%)
FCCL 32.56 Increased By ▲ 0.07 (0.22%)
FFBL 64.38 Increased By ▲ 0.35 (0.55%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.46 Increased By ▲ 1.69 (1.53%)
HUMNL 14.81 Decreased By ▼ -0.26 (-1.73%)
KEL 5.04 Increased By ▲ 0.16 (3.28%)
KOSM 7.36 Decreased By ▼ -0.09 (-1.21%)
MLCF 40.33 Decreased By ▼ -0.19 (-0.47%)
NBP 61.08 Increased By ▲ 0.03 (0.05%)
OGDC 194.18 Decreased By ▼ -0.69 (-0.35%)
PAEL 26.91 Decreased By ▼ -0.60 (-2.18%)
PIBTL 7.28 Decreased By ▼ -0.53 (-6.79%)
PPL 152.68 Increased By ▲ 0.15 (0.1%)
PRL 26.22 Decreased By ▼ -0.36 (-1.35%)
PTC 16.14 Decreased By ▼ -0.12 (-0.74%)
SEARL 85.70 Increased By ▲ 1.56 (1.85%)
TELE 7.67 Decreased By ▼ -0.29 (-3.64%)
TOMCL 36.47 Decreased By ▼ -0.13 (-0.36%)
TPLP 8.79 Increased By ▲ 0.13 (1.5%)
TREET 16.84 Decreased By ▼ -0.82 (-4.64%)
TRG 62.74 Increased By ▲ 4.12 (7.03%)
UNITY 28.20 Increased By ▲ 1.34 (4.99%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 10,086 Increased By 85.5 (0.85%)
BR30 31,170 Increased By 168.1 (0.54%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)
Nov 17, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

airline

Airline SAS names Avianca's Van der Werff as CEO
Business & Finance

Airline SAS names Avianca's Van der Werff as CEO

  • SAS said in a statement Van der Werff would join SAS on July 15 at the latest, while Avianca said it had appointed him to its board of directors and promoted Adrian Neuhauser to replace him.
  • Van der Werf, who is Dutch, has previous experience in Europe, having worked at Air France KLM for a decade, including as regional manager for Sweden, Finland and the Baltics.
Updated 28 Apr, 2021 07:40pm
Air France-KLM eyes further recapitalisation in 2021
Business & Finance

Air France-KLM eyes further recapitalisation in 2021

  • We do have heavy debt that is holding back our balance sheet, so this may have to get looked at again later in the year.
  • The capital hike sees the French government more than double its stake in the airline group to almost 30% as part of a total recapitalisation package worth about 4 billion euros announced earlier this month.
Published 19 Apr, 2021 04:46pm
Delta to spend $30mn to offset most of its 2020 impact on climate
Business & Finance

Delta to spend $30mn to offset most of its 2020 impact on climate

  • The Atlanta-based company said its medium-term goal is to replace 10% of its jet fuel, which is currently refined from fossil fuel, with sustainable aviation fuel by the end of 2030.
  • That followed moves in Europe by easyJet to offset emissions on all its flights and by British Airways and Air France to do the same on their domestic flights.
Updated 04 Mar, 2021 09:52pm
Ryanair hopes for 60-70pc of normal traffic this summer
Business & Finance

Ryanair hopes for 60-70pc of normal traffic this summer

  • "We would be hopeful that we could fly maybe 60, 70% of our normal traffic volumes during the peak summer months ... June, July, August and September," he said. "That's about as optimistic as its going to get."
  • "We don't need a taskforce, we just need action," O'Leary said. "The real challenge is timing here ... we need to give them the clarity to book their summer holidays."
Published 03 Mar, 2021 06:39pm
Easyjet to hold investor calls for euro bond as travel hopes rise
Business & Finance

Easyjet to hold investor calls for euro bond as travel hopes rise

  • No details were provided on how much the airline is looking to raise from the sale, but a "benchmark" euro bond issue typically has a deal size of about 500 million euros or more.
  • EasyJet said that bookings for flights for this summer had soared over 300% since Britain's announcement, and holidays by more than 600%, compared to their levels last week.
Published 23 Feb, 2021 08:21pm