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Vodafone logs first earnings growth since 2008

  London / AFP British telecoms giant Vodafone on Tuesday posted its first annual rise in operating profits in eight years, boosted by growth in Europe and emerging markets. Earnings before interest, tax, depreciation and amortisation (EBITDA) grew 2.7 percent to £11.6 billion ($16.7 billion, 14.7 billion euros) in the year to March, Vodafone said in a results statement. That was ...

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Delta deal gives Bombardier breathing room on aid: Leitao

Ottawa / Bloomberg Bombardier Inc. has turned a corner and its deal with Delta Air Lines Inc. makes federal aid for the Canadian plane maker less urgent, Quebec’s finance minister said. Delta’s $5.6 billion agreement to purchase at least 75 C Series jets will help Montreal-based Bombardier promote the plane and win more orders, Carlos Leitao said in an interview ...

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American Airlines ends in-flight gate announcements

  New York / Bloomberg You are now free to enjoy your in-flight entertainment, uninterrupted. The world’s largest airline, American Airlines Group Inc., plans to stop on-board announcements of connecting gate information as flights prepare to land. The change, effective May 17, is a concession that technology has rendered the announcements moot, as passengers now travel equipped with an array ...

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