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BUSINESS NEWS.(TO THE POINT)
TRANSPORTATION
Ryanair offered used Boeing jets
Europe's top low-cost airline has offers for more than 600 used Boeing 737s as air travel plunges. Prices of the used jets, worth $13 mil-$40 mil before the Sept. 11 attacks, keep falling, it added. One source said the price may be $11 mil. The Irish airline said before the attacks it wanted to add 50 jets to its all-737 fleet.
Federal-Mogul files for Chap. 11
The auto parts firm cited asbestos lawsuits amid a sharp slowdown in auto sales for the bankruptcy filing. It sees no job losses or facility closures. The Bank of New York is trustee for over $2 bil in Federal-Mogul debt. State Street and investor Carl Ichan are among Federal Mogul's top stockholders.
CONSUMER
Cadbury sues PepsiCo over deal
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