airlines
The fine involves a “significant number” of flights from December 2021 to August 2022 that passed over Iraq on their way between the United States and the United Arab Emirates. UAE-based Emirates was fined in 2020 for similar flights and agreed not to repeat the same violation. JetBlue and Emirates had an arrangement called code-sharing in which the New York-based carrier sold seats on Emirates flights as if they were its own planes. The United States lets foreign airlines operate flights sold under the name or code of a US airline if they obey Federal Aviation Administration restrictions when...
Euronews (English)
Lufthansa says it is close to getting the go ahead from the European Union (EU) for its takeover of the Italian national carrier ITA Airways, with the EU competition authority about to sign off on it. Lufthansa's shares fell 5.57% on Thursday evening, trading at €5.93. The deal is likely to be worth about €325 million for now and will allow Italy to dispose of ITA Airways, which has been a loss-making asset for a while now, therefore going some way towards plugging national finances. The deal needs to be finalised by 4 July, although the details may still change by then. Lufthansa is likely to...
Euronews (English)
Singapore Airlines said on Tuesday it has offered compensation to passengers of a flight that hit extreme turbulence last month, in a rare case that killed one passenger and injured dozens. The Boeing 777 jet, carrying 211 passengers and 18 crew from London to Singapore, ran into sudden turbulence over the Irrawaddy basin on 20 May, hurling people and items around the cabin. The plane diverted to Thailand. A 73-year-old British man died of a suspected heart attack and dozens were hospitalised including those with spinal, brain and bone or organ damages. Nineteen people remained hospitalised in...
Euronews (English)
EU travel rules are being introduced that will mean passengers from outside the bloc have to pass through a new automated system. Known as the Entry/Exit System or EES, it will replace the stamping of passports for non-EU travellers who don’t require a visa. These checks will use biometric data including fingerprints, facial scans and passport information, which will be taken the first time you enter an EU country after the system is introduced. After numerous setbacks, it is due to be introduced in autumn this year. But airlines have warned that the launch is likely to have a major impact on ...
Euronews (English)
FTI Group, one of Europe's biggest tour companies, has filed for insolvency. The Munich-based business, which has recently been hit by a number of problems including poor bookings said in a press release: "After a lengthy and complex investor process, the entry of a consortium of investors was announced in April 2024. Since then, however, booking figures have fallen well short of expectations despite the positive news. Inflation, jet fuel costs and decarbonisation: Here’s why airfares are going to continue going upFed up with hoards of cruise passengers, Alaska residents are calling for ‘ship-...
Euronews (English)
Several airline executives have spoken out against a growing European movement wanting to cap travel and flights abroad in order to support the green transition. Movements such as flight shaming, pioneered by environmental activist Greta Thunberg have been enthusiastically adopted by some members of the public, leaving consumers who can do so, choosing greener ways to travel to avoid the "shame" of taking flights. Airlines, however, are not impressed. The industry has already been struggling since the pandemic, when lockdown prevented most flights and, post the pandemic, soaring energy costs b...
Euronews (English)
The number of people in Germany without a job rose to 2.762 million in May, according to the newly released unemployment rate report for May. That was a jump of 25,000, and much more than the 10,000 predicted. It is the 17th month in a row that unemployment has risen and the jobless total continues to hover near three-year highs. Meanwhile, the seasonally adjusted jobless rate was 5.9% last month, the same level for the sixth month in a row in line and in line with analyst expectations. This was the sixth month in a row that the unemployment rate was at this level, which was in line with analy...
Euronews (English)
Companies would be largely free to rely on carbon offsetting to back up their claims to be climate friendly, under a leaked draft inter-governmental position on a European anti-greenwashing directive, sparking criticism that one set of standards might apply to companies and another to the products and services they sell. In an updated compromise text, dated 22 May and seen by Euronews, Belgium has made what may be its final attempt to forge an inter-governmental position on a proposed Green Claims Directive before it hands over the rotating presidency of the EU Council to Hungary in July. A ke...
Euronews (English)
An airline losing your luggage is a surefire way to ruin the start of a holiday. Nobody wants to be buying emergency clothing when they could be sipping cocktails on the beach. But good news is coming from the aviation industry. A new report has found that airlines and airports are trying to reduce baggage mishandling with new regulations. The International Air Transport Association has made it mandatory for all airline members to track baggage at four points throughout the journey. This should mean knowing where a bag is at all times and therefore leading to fewer incidents of lost luggage. A...
Euronews (English)
Il prezzo delle azioni Virgin Galactic ( NYSE:SPCE ) ha continuato la sua caduta libera quest’anno a causa delle continue preoccupazioni sul suo bilancio. È crollato di oltre il 65% nel 2024 e dell’81% negli ultimi 12 mesi, rendendola una delle società con le peggiori prestazioni di Wall Street. Permangono i rischi di fallimentoVirgin Galactic è stata una delle più grandi delusioni a Wall Street. Dopo aver raggiunto il picco di $ 63 durante la mania delle azioni dei meme nel 2021, è diventata un’azione penny scambiata per soli 85 centesimi. Di conseguenza, la sua capitalizzazione di mercato è ...
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