Labor Strife May Force Iberia To Cancel IPO
Article Abstract:
Iberia Lineas Aereas de Espana S.A., which is Spain's leading airlines company, has been suffering from a pilots' work slowdown. Iberia, which has delayed the launch of its initial public offering, also has been hurt by high fuel costs and growing global competition.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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Sabena outlines plan to reach profitability by 2005
Article Abstract:
Sabena, the national air carrier of Belgium, plans to divest its non-airline activities and impose staff reductions of 1,421 in an effort to become profitable by 2005. The company posted a first-half loss of Euro138.9 million ($123.2 million).
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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WPP net profit fell 68% in '02
Article Abstract:
WPP Group PLC posted a drop of 68% in its net profits for the 2002 year. The company posted 88 million pounds (129.1 million euros) in yearly net profits.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
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