‘Buy one, get one free’ airline tickets? Ryanair hopes fliers say yes, as it warns hundreds of jobs at risk

Passengers can get a free flight with Ryanair.


paul faith/Agence France-Presse/Getty Images

Irish airline Ryanair on Thursday launched a “Buy One, Get One Free” offer on its flights for the first time in its history.

The offer applies to Value Fare bookings and allows travelers to take a friend or family member along on the same flight free.

But consumers will have to be quick. The offer, which expires at midnight on Sept. 24, applies on 1,600 routes across Ryanair
RYA,
-3.16%

‘s network and will be valid from Sept. 25. until Dec. 14. 2020.

For the first time in Ryanair
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+1.25%

history, we have a “Buy One, Get One Free” offer landing. Anyone would be crazy to miss it,” said Alejandra Ruiz, Ryanair’s head of communications.

The move comes as Ryanair Chief Executive Michael O’Leary said Britain risks losing hundreds of thousands of travel and tourism jobs

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Illumina To Buy GRAIL In $8 Bln Cash And Stock Deal

(RTTNews) – Illumina Inc. (ILMN) agreed to buy GRAIL, a healthcare company whose mission is focused on multi-cancer early detection, in a cash and stock transaction valued at about $8 billion.

The deal consists of $3.5 billion in cash and $4.5 billion in shares of Illumina common stock. Illumina currently holds 14.5% of GRAIL’s shares outstanding, and approximately 12% on a fully diluted basis.

Illumina expects to close the transaction in the second half of 2021.

Upon closing of the transaction, current Illumina stockholders are expected to own about 93% of the combined company, while GRAIL stockholders are expected to own about 7% based on the mid-point of the collar.

Illumina expects the transaction will be accretive to its revenue starting in 2021, and to meaningfully accelerate revenue growth over time.

Following the completion of the transaction, GRAIL will operate as a standalone division within Illumina.

GRAIL was founded by

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Well-Safe Creates 100 New Jobs with Rig Buy

This article was first published on Rigzone here

Well-Safe Solutions revealed Monday that it has acquired the West Epsilon jack-up rig from Seadrill to bolster its bespoke decommissioning fleet.

The investment will lead to the creation of around 100 new jobs, according to Well-Safe’s chief executive officer, Phil Milton, who said the acquisition strengthens the company’s offering.

Well-Safe outlined that it will start work immediately on the rig, which has been renamed Well-Safe Protector, to undertake an upgrade and modification program. In early 2021, the unit is expected to be ready to be deployed specifically for enhanced plug and abandonment projects.

“The acquisition of this asset allows us to continue to deliver our vision and the business model that we set out to deliver to the industry, giving us the ability to cover both subsea wells and multiple platform projects,” Milton said in a company statement.

“We have remained focussed

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Perdoceo Education (PRDO) Upgraded to Buy: What Does It Mean for the Stock?

Perdoceo Education (PRDO) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates — one of the most powerful forces impacting stock prices — has triggered this rating change.

A company’s changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate — the consensus measure of EPS estimates from the sell-side analysts covering the stock — for the current and following years.

Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements.

Therefore, the Zacks rating upgrade for Perdoceo

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