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28/07/2010

News Update - July 28, 2010

Source: m-travel.com...

easyJet’s Q3 revenue up by 5.3% to £759.2 million...
easyJet says it continued to deliver a “good commercial performance” in the third quarter despite the challenges presented by significant disruption caused by volcanic ash and, more recently, the combination of air traffic control industrial action and crewing issues in...

O’Leary sells off €20 million Ryanair shares...
Ryanair’s chief executive Michael O’Leary has sold five million of his 60 million shares in the airline for €3.90 a piece.As per the information available, Davy Stockbrokers placed the shares at 3.90 euros apiece, according to the person, who declined...

TA Associates to sell its majority stake in eDreams...
Private equity firm Permira is to buy a majority stake in Spanish online travel agency eDreams.According to ft.com, the deal’s worth is about €250m-€300m. The deal with Permira will generate a return of about three-times the initial investment in eDreams...

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by Øyvind Grønflaten (PhD) at 14:56

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