European economy

ryanair aviones

Ryanair profit down 18% as fares fall 10%; outlook for next quarter more positive

Norbolsa | Results for its first half year ending in September and covering the entire summer season show an 18% fall in profit after tax and a 10% drop in fares. On the other hand, the comments for the next quarter are somewhat more positive, pointing out that the fall in tariffs is moderating and will probably be below 5%. In any case, Boeing’s lower aircraft deliveries mean it is…

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CAF selected to bid for renovation of fleet of trams for Transport for London, with €250 million budget

Banc Sabadell | Transport for London (TfL) has just selected the four technologists (Alstom, Hitachi, Stadler and CAF) that can bid for the renewal of a 24-unit tram fleet that will be used to replace older trains on the Tramlink service in the Borough of Croydon, according to Expansión newspaper. The budget for the order could amount to €250 million. Assessment: positive news in the event of being awarded the…