Category: airline
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New airline Tech-Air reveals Tel Aviv – New York fares
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The new airline created by the high-tech protest movement DemocraTech today posted a registration form for those wishing to reserve seats on the planned Tel Aviv-New York flights. The registration form reveals that the company plans to operate three direct weekly flights between Tel Aviv and New York that will…
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Dutch airline KLM will do ‘everything’ it can to protect jobs in cost-cutting drive
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Dutch airline KLM announced on Thursday a comprehensive package of “aggressive” cost-cutting measures that it hopes will lead to an increase in operating profits of about 450 million euros ($496 million) “in the short term.” There was no specific mention of job cuts, but the company pledged to “explore options…
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Flight refunds: Pete Buttigieg urges airline CEOs to comply with new law
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City Rat/iStock via Getty Images Transportation Secretary Pete Buttigieg reminded the CEOs of the 10 largest U.S. airlines that they are required to provide refunds for canceled or delayed flights under a law passed in May, rejecting an industry request for more refunds. Time to comply. “As we emerge from…
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FMevents Announces Official Partnership with Emirates Airline for Upcoming Summit FMPS:24
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FMevents unveiled a new strategic partnership with Emirates Airlines ahead of its launch Finance Magnates Pacific Summit (FMPS:24) August 27-29 in Sydney, Australia. As the official airline partner of the event, Emirates will offer exclusively discounted fares to all attendees. Accessing FMPS:24 is easier than ever with Emirates. This includes…
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US screens record 2.95 million airline passengers in single day By Reuters
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Written by David Shepardson WASHINGTON (Reuters) – The U.S. Transportation Security Administration said it screened 2.95 million air passengers on Friday, the highest number ever in a single day. Record travel coincides with Memorial Day weekend which marks the start of the summer travel season in the United States. Last…
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US screens record 2.95 million airline passengers in single day By Reuters
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Written by David Shepardson WASHINGTON (Reuters) – The U.S. Transportation Security Administration said it screened 2.95 million air passengers on Friday, the highest number ever in a single day. Record travel coincides with Memorial Day weekend which marks the start of the summer travel season in the United States. Last…
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US to hold auctions to sell airline warrants received during COVID bailouts By Reuters
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Written by David Shepardson WASHINGTON (Reuters) – The U.S. Treasury Department said on Friday it plans to hold a series of auctions to sell stock warrants in U.S. airlines it received after Congress approved $54 billion in aid for air carriers in 2020 and 2021 due to the coronavirus. Of…
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Spirit Airlines CEO is still salty after its failed JetBlue merger, calls the airline industry a ‘rigged game’—‘American consumers are the long-term losers’
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Spirit Airlines’ bid to make it into the big leagues of the U.S. aviation sector — a proposed $3.8 billion takeover from JetBlue that Spirit says would have made it more competitive with industry leaders like Delta and United — collapsed in March after it faced a Department of Defense…
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Pakistan pushes back deadline for expressions of interest to buy national airline By Reuters
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ISLAMABAD (Reuters) – Pakistan will postpone the deadline for companies to express interest in buying national carrier Pakistan International Airlines to May 18, the privatization minister said on Thursday. The extension, announced in a statement by Investment and Privatization Minister Abdul Aleem Khan, came one day before the expression of…