Working on air

Article Abstract:

Airlines of Britain Holdings Group Financial Dir Austin Reid is tasked with restructuring the accounting and financing frameworks of the business. The 46-year-old Scot is responsible for the redirection of the company's sophisticated financing structure through Scandinavian Airlines System's 24.9% equity investment in Airlines of Britain. A reorganization of Airlines of Britain's financial reporting functions facilitated the restructuring of the company's accounting framework. As the parent company of British Midland Airways Ltd, Airlines of Britain hopes to maximize its business from overseas routes, particularly the Brussels-Heathrow and Frankfurt-Heathrow routes.

Holding companies, not elsewhere classified, United Kingdom, Holding companies, Interview, British Midland Airways Ltd., Reid, Austin, Airlines of Britain Holdings PLC

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Air France float tests market's head for heights

Article Abstract:

The French government's initial public offering of 20% of Air France will take place at the end of February, with retail investors able to subscribe for up to 13.5 million shares, with 21.2 million reserved for institutions. The flotation could value the airline at up to 1.9 billion pounds sterling. The government has been forced to price the offer attractively due to the economic outlook, and the chances of a successful flotation have been boosted by the deal with pilots in January.

Scheduled Passenger Air Transportation, Domestic Scheduled Air Service, France, Privatization, Privatization (Business), Domestic airlines, Air France KLM S.A.

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Ryanair goes major league

Article Abstract:

Irish airline Ryanair is thriving despite the woes of the airline industry, and since the events of Sep 11, 2001, it has become the most valuable airline on the UK stock market. Ryanair offers ultra low-cost flights, but is still efficient and profitable.

Passenger Air Transport, Scheduled Air Transportation, Ryanir Ltd.

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