Easyject expects a pre-tax loss between £60m and £65m for the first half, compared to £112m a year ago.
Agreement should prevent further strikes at Spanish carrier but will cost more than 3,000 jobs.
Cathay Pacific operations suffer from eurozone crisis and increased competition in the sector.
World's largest security firm lifts full-year dividend and issues bullish outlook for 2013.
Little Red to connect Scotland and Manchester to London with 26 daily flights.
World's biggest hotel room provider launches 226 new hotels and two new brands as sales approach $2bn
Job losses come just days before two planned strikes by Spanish unions to protest plans by CEO Willie Walsh to cut jobs at the loss-making Spanish unit of British Airways merger
World’s biggest security firm originally estimate a loss of £50m after failing to provide 10,400 guards for Olympic Games
TUI Travel reports strong growth in holiday travel demands from the UK and Nordic countries.
McGraw Hill shares plunge to six-month low after S&P unit says Justice Department planning civil suit
Flybe to cut 10 percent of its workforce in the UK to turn around the struggling business.
US markets closed for Martin Luther King holiday keep traders on the sidelines as investors await Bank of Japan policy decision.
Britain's tax code is both hopelessly complicated and deeply subjective. Clearer rules - not "public mood" - are the best way ensure fairness for everyone.
Yen continues to decline amid bets the BoJ will add deeper stimulus while euro gains on cautious economic optimism.
PWC says London's global status will help recover its hospitality sector though it is set for a decline in 2013.
Company reiterates forecast for modest growth in full-year revenue and operating profit.
Both Easyjet and Aer Lingus report rise in passenger demand in line with the European airline industry which is on the path of recovery.
Earlier this year, Facebook launched its latest feature, promoted posts, which enables users to promote their status updates in return for a fee. Initially, this feature was solely meant for 'personal use' - ie: for users with less than 5,000 friends or subscribers.
Delta Air is said to be bidding for 49% stake as it looks to expand presence in lucrative airport.
Thomas Cook claims it's winter bookings cross committed capacity in all markets at better prices.
Company intends to create a new parcel sorting hub and upgrade its operations.
Shares in WPP were down on the FTSE 100 in morning trading after the group reported a rise in revenue in the third quarter of 1.6 per cent to just under £2.5 billion.
G4S claims review did not reveal significant shortcomings in CEO Nick Buckles's performance.
German airliner merging its domestic and European operations with Germanwings under a new low-cost brand.
Qantas moving its European flights hub to Dubai as well as strengthening its Asian network.
Strike over pay dispute likely to cause widespread disruption in flights.
Indian Supreme Court orders Sahara to pay back 174bn rupees (£1.9bn) it raised illegally from small investors.
Airline cancels 207 flights across Europe as well as cities in the US, Tel Aviv and Chennai in India.
The global business environment these days has been woven in a more complicated interdependency that some volatility from China could jolt or immobilise the stock markets to as far as Sydney, New York and London.
Kazuhiko Asakawa and three others were accused of hiding the losses.