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Malaysia’s Aeon Co sets up $260mn Islamic debt plan

  Reuters Mall operator Aeon Co Malaysia has established twin debt facilities to raise up to 1 billion ringgit ($260 million) in Islamic securities, according to a regulatory filing by credit rating agency RAM Ratings. The issuance plan from Aeon, 51 percent owned by Japan’s largest retailer Aeon Co Ltd, includes 15-year Islamic medium-term notes and 7-year Islamic commercial papers. ...

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Irish Ryanair extends charm offensive with loyalty rewards

  DUBLIN/ Reuters Ryanair is all set to launch its first loyalty scheme in decades, introduce customer satisfaction surveys and allow “one-tap” upgrades using mobile phones as it extends its efforts to rid itself of a reputation for poor service. The Irish low-cost airline, Europe’s largest by passenger numbers, has seen profits and passenger numbers soar since Chief Executive Michael ...

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Latvia’s airBaltic ups Bombardier order to $1.5 billion

  Riga / AFP Latvia’s airBaltic, which will be the first airline to operate Bombardier’s CS300 plane commercially, said it had increased its order with the Canadian manufacturer from 13 to 20 aircraft. “This brings the total order for 20 planes to a book price of around $1.5 billion” (1.3 billion euros), airBaltic spokesman Janis Vanags said. The Latvian flag ...

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