BRUSSELS (Reuters) - Further consolidation of Europe's airlines was necessary to keep the industry competitive, the CEOs of British Airways owner IAG and Ryanair said on Wednesday, as the EU weighs a new deal. If we don't allow consolidation in Europe, we will destroy airlines in Europe, IAG CEO Luis Gallego told an aviation conference. The European Commission is due...

06:46 AM EDT, 03/20/2024 (MT Newswires) -- Nasdaq (NDAQ) said late Tuesday that an earlier announced secondary offering by Borse Dubai of about 27 million of Nasdaq shares has been priced at $59 apiece. Nasdaq said the underwriters have been given a 30-day option by Borse Dubai to buy up to 4 million additional Nasdaq shares. The offering is slated...

BRUSSELS, March 20 (Reuters) - Lufthansa wants to close a deal with Italy's ITA Airways as soon as possible, Lufthansa's Chief Executive told journalists on Wednesday, adding that he was optimistic ahead of an expected statement of objections from the European Commission on the deal. The European Commission opened a full-scale investigation into the deal in January on concerns that...

06:47 AM EDT, 03/20/2024 (MT Newswires) -- Boeing ( BA ) is examining ways to have its fuselage supplier Spirit AeroSystems ( SPR ) slash ties to rival Airbus as it seeks to reacquire the one-time subsidiary, Reuters reported Tuesday, citing sources familiar with the matter. Among the options Boeing ( BA ) is exploring is spinning off Spirit AeroSystems...