Summary
EASYJET is challenging the merger between rivals Air France and KLM Royal Dutch after asking the Court of First Instance in Luxembourg to annul the European Commission's clearance of the deal. It said in its appeal to the court - part of the European Court of Justice that deals with commercial cases - that changes were needed to the merger, which it claims will damage competition. Earlier this month, the tie-up between Air France and the Dutch flag carrier created Europe's biggest airline. The combined company will become the world's third biggest in passenger numbers behind American Airlines and United. EasyJet has been campaigning for greater liberalisation of the French air market.
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Tracker: Easyjet Challenges Air France-Klm Link
BRITAIN'S largest listed property company said it is seeing an upturn in its key central London market as it posted a 16.7 per cent rise in profits to GBP 373.1 million. Land Securities said...
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