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European Airlines Face WMD-Insurance Problem

Article Abstract:

European Union airlines are facing worries trying to obtain standard insurance for their carriers with the threat of terrorist attacks. As negotiations start many insurers are refusing to issue insurance. According to European Union regulations and the International Air Transport Association commercial aircraft cannot operate unless insured for third-party liability.

Author: Fleming, Charles
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
Europe, Product standards, safety, & recalls, Financial management, Contracts & orders received, INSURANCE CARRIERS, Contracts & orders let, Standards, Insurance industry, Contracts, Contract agreement, Insurance, International Air Transport Association

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Ryanair faces a bumpy flight toward Aer Lingus

Article Abstract:

Michael O'Leary, CEO of Ryanair Ltd., is facing opposition from the European Union to his planned $1.76 billion acquisition of Aer Lingus Group PLC. This acquisition would create a monopoly in air service in Ireland.

Author: Johnson, Keith
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
Strategy & planning, Acquisitions & mergers, Executive changes & profiles, Planning, Officials and employees, Mergers, acquisitions and divestments, Company acquisition/merger, Ireland, Company business planning, O'Leary, Michael, Aer Lingus Group PLC, Ryanair Ltd.

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Subjects list: Laws, regulations and rules, Airlines, Government regulation, European Union
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