Category: airline
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Israeli businesspeople plan setting up new airline
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The Israeli Tours package plans Kavei Huffsha (holiday lines) to establish a new Israeli airline. The company, which already owns the Greek Airlines and Cypriot Air Company, will focus with the new airline on short flights to destinations within four to five hours of Israel. The process of establishing new…
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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…