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...European airlines are also banned from flying over Russian airspace, resulting in longer journeys to much of east Asia....
...The US has proposed raising tens of billions of euro in debt for Ukraine using profits from frozen Russian assets....
...Despite applying for EU membership in 2022, Georgian Dream has refused to join the bloc’s sanctions in response to Russia’s full-scale war in Ukraine and last year allowed Russian airlines to resume flights...
...Then, in April this year, pro-Russian hackers claimed responsibility for a five-day attack on Europe’s air traffic control authority — disrupting its website but not European aviation....
...But Air France-KLM chief executive Ben Smith said fears western carriers would lose out to Chinese airlines as travel routes resume — in part because Chinese flights are not forced to bypass Russian airspace...
...His comments follow strong words from bosses at rivals United Airlines and Alaska Airlines. The comments illustrate the growing frustration in the airline industry with Boeing. 5....
...Beijing’s proposal to increase US-China flights was met with opposition this year from American carriers, which cited the cost advantages for Chinese airlines able to transit Russian airspace, where American...
...It will be the first time the company’s management has publicly addressed shareholders since the mid-air blowout aboard the Alaska Airlines flight earlier this month....
...It also paid about $450mn in compensation to customers after a door panel blew out on an Alaska Airlines flight....
...The airline on Tuesday said revenues rose 42 per cent to £8bn in the 12 months to September....
...Tui’s largest single shareholder, with an almost 11 per cent stake, is Alexei Mordashov, a Russian steel magnate....
...European airlines, airports and air traffic controllers are optimistic that operational changes in the aviation industry will avoid a repeat of last summer’s travel chaos....
...Lufthansa bought four wide-bodied A350 planes in May that Latam Airlines offloaded during a bankruptcy process, while Finnair leased two A330s to Australia’s Qantas after the closure of Russian airspace...
...Current sponsors include a betting company, a low-cost airline and a chain of petrol stations, all of which are Ukrainian. The club would like to attract more international partners....
...leading Russian lenders Sberbank and VTB, which now owns Otkritie, as well as Gazprom, Lukoil, Russia’s largest airline Aeroflot — all under sanctions from the west — and one of the country’s top retailers...
...Now read these Without delays: European airlines and airports have revamped their operations to avoid another summer of disruption for passengers....
...Chart du jour: Not so low-cost Ryanair’s shares are up by more than 50 per cent this year, a surge that has cemented the low-cost carrier’s position as by far the most valuable airline in Europe — and setting...
...“As a result, much more money is being traded between insurance companies and airlines. These problems will mount up and affect people — we hope there will be kitchen conversations about that.”...
...Hoekstra previously worked for oil major Shell and has been called out for supporting Dutch airline KLM with no-strings-attached subsidies during the pandemic....
...Kyiv is in a fight to stem Russian advances despite the passage in Washington of a long-awaited bill for aid....
...Boeing is replacing the executive in charge of manufacturing its 737 Max aircraft, weeks after a door panel blew out of one of the planes on an Alaska Airlines flight....
...A major source of air traffic control problems is the closure of Ukrainian and Russian airspace, which has caused congestion elsewhere....
...The airline said that the flight was scheduled to depart Mumbai at 1pm India time on Wednesday to take passengers and crew onward to San Francisco....
...Less than a quarter of airline emissions were caught last year by the schemes, which require companies to buy allowances to cover the carbon dioxide they give off....
...Tui’s largest shareholder, with an almost 11 per cent stake, is Alexei Mordashov, a Russian steel magnate....
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