Monday 20 February 2017
 
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Delta

Delta offers to buy additional stake in Aeromexico

Delta Air Lines has launched a cash tender offer to acquire up to an additional 32 per cent of the outstanding capital stock of Grupo Aeroméxico at 53 Mexican pesos ($2.6) per share, valuing the deal at about $590 million.

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Delta offers to buy additional stake in Aeromexico

Delta Air Lines has launched a cash tender offer to acquire up to an additional 32 per cent of the outstanding capital stock of Grupo Aeroméxico at 53 Mexican pesos ($2.6) per share, valuing the deal at about $590 million.

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Starz Play wins new funding for expansion

Starz Play, a top on-demand video streaming service in Mena, has secured new multi-million dollar funding investment led by existing investors including SEQ Capital Partners and new investors including Delta Partners Capital, an emerging market

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Eni, BP drill two wells in field southeast of Delta

Italy-based Eni and BP, the UK energy giant have finished drilling two wells in the South Baltim field, located southeast of the Delta in Egypt, a report said. The production of 350 million cu ft of gas daily from the project will

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More airline outages seen over aging technology

Airlines will likely suffer more disruptions like the one that grounded about 2,000 Delta flights this week because major carriers have not invested enough to overhaul reservations systems based on technology dating to the 1960s, airline industr

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Delta flights resume after computer crash strands passengers

Delta Air Lines' flights gradually began taking off again on Monday after computer systems crashed, causing planes to be grounded and leaving passengers of one of the world's largest carriers stranded at airports around the globe.

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Emirates rejects Delta apology

Emirates airline has rejected the apology issued by Delta Air Lines in response to comments made by its chief executive Richard Anderson linking Gulf carriers and the 9/11 attacks. In a statement carried by Wam news agency, a spok

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Delta chief crossed the line says Emirates CEO

The row over airline subsidies and open skies escalated today with Emirates airline president and CEO Tim Clark criticising Delta Air Lines chief executive Richard Anderson recent comments saying the latter overstepped the line when he linked th

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Al Baker slams Delta CEO comments

Qatar Airways CEO Akbar Al Baker has sharply criticised Delta Air Lines CEO Richard Anderson for blaming terrorism emanating from the Gulf for the US airline industry's troubles last decade. “He should be ashamed to brin

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Delta CEO blames Gulf for bankruptcy protection

Delta Airlines CEO Richard Anderson has said that the Gulf region was the source of the September 11, 2001 attacks that hurt the airline industry in the US. In an interview with CNN’s Richard Quest, Anderson said it was iron

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