Deutsche Lufthansa AG (LHAG.DE)
FRANKFURT Lufthansa plans to end an agreement to lease planes to Laudamotion, saying the Austrian holiday airline has failed to meet payments, leading to a dispute with its backer Ryanair.
* Lufthansa tries to terminate lease of 9 planes to Laudamotion
* No further Norway privatisation expected (TksAdds industry minister quotes, background, share price)
OSLO, June 19 (Reuters) - * Norwegian shares traded down on Tuesday * Oslo's benchmark index fell 0.30 pct, or 2.65 points, to 886.02 points and was up by 9.11 pct year-to-date * The broader Oslo All Share Index was down 0.32 percent * Brent crude futures, a trigger for the oil heavy Oslo Bourse, fell $0.51 to $74.81 a barrel * Among the biggest firms on the Oslo Bourse, Equinor fell 0.37 pct, Telenor fell 0.15 pct and DNB was flat 0.00 pct * Turnover at the Oslo Bourse was 3 billion Norwegian c
BRUSSELS Norwegian Air Shuttle is reaching a size at which it can be profitable, its founder and CEO said on Tuesday, while reiterating that he will not block a sale of the budget carrier if other shareholders want out.
BRUSSELS, June 19 Norwegian Air Shuttle is reaching a size at which it can be profitable, its founder and CEO said on Tuesday, while reiterating that he will not block a sale of the budget carrier if other shareholders want out.
BERLIN/OSLO Lufthansa is in contact with Norwegian Air Shuttle, which is also the subject of bid interest from British Airways owner IAG, as the German airline looks to get involved in an expected wave of deals in the sector, its CEO told a newspaper.
* IAG has said it will not engage in bidding war (Adds Norwegian Air CEO comments, updates share price)
DUBAI/ABU DHABI Etihad Airways is exploring options with Boeing to cancel or defer orders for 777X jets worth billions of dollars in a fresh sign of the carrier's financial strains and potentially squeezing Boeing's newest model, four sources familiar with the matter said.
BEIJING/SHANGHAI Air Canada and Air China Ltd entered a joint venture on Wednesday, with the Canadian carrier saying the deal would significantly increase its presence in the Chinese market which is set to be the world's largest by 2022.