DIRS.INFO The most relevant business & tech news

☆ United Airlines slashes 2024 aircraft delivery plan as Boeing crisis leads to delays
▼ + stars: | 2024-04-16 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

United Airlines on Tuesday cut its aircraft-delivery expectations for the year as it grapples with delays from Boeing , the latest airline to face growth challenges because of the plane-maker's safety crisis. "We've adjusted our fleet plan to better reflect the reality of what the manufacturers are able to deliver," CEO Scott Kirby said in an earnings release. In January, United said it was taking Boeing's not-yet-certified Max 10 out of its fleet plan. The airline said it has converted some Max 10 planes for Max 9s. United is also facing a Federal Aviation Administration safety review, which has prevented some of its planned growth.

Persons: Scott Kirby, United, Boeing's, Max, Max 9s Organizations: Airlines, Boeing, Airbus A321neos, Max, Federal Aviation Administration, CNBC, FAA, Alaska Airlines, United, Revenue Locations: U.S, Newark , New Jersey, Faro, Portugal, Tokyo, Cebu, Philippines, Southwest

☆ Global airlines are governed by strict 'freedoms of the air' dating back 80 years. They've created some funky routes.
▼ + stars: | 2024-04-12 | by ( Taylor Rains | ) www.businessinsider.com time to read: +8 min

Global airlines are governed by nine "freedoms of the air," drafted 80 years ago in 1944. The fifth freedom can give airlines a competitive edge and help capitalize on demand. "Five Freedom Agreements"Qantas flies a Boeing 787 on its fifth freedom route between Sydney and New York. Seventh FreedomThe seventh freedom is similar to the fifth freedom but takes out the limitation of where the route must start or end. Ninth FreedomAdvertisementThis cabotage freedom allows an airline of one nation to fly between two points in a separate single country.

Persons: —, Vytautas Kielaitis, Taylor Rains, Toshi, Nicolas Economou Organizations: Service, International Civil Aviation Organization, United Nations, Chicago Convention, ICAO, Chicago, European Union, Singapore Airlines, Airbus, Qantas, Google Flights, United Airlines, FAA, Emirates, Latam Airlines, Atlantic . Emirates, luxe, Forbes, Air Senegal, Boeing, Ryanair, Getty, Nice Locations: New York, Singapore, Frankfurt, Germany, Emirates, JFK, Milan, Newark, Athens, Dubai, Australian, Sydney, Auckland , New Zealand, Cebu, Philippines, Tokyo, —, Mexico City, Barcelona, Santiago, Chile, Auckland, Amsterdam, Buenos Aires, Los Angeles, Australia, Dakar, Baltimore, Ireland, Rome, Vilnius, Lithuania, Paris

☆ U.S. companies to announce over $1 bln of investments in the Philippines, Commerce Secretary Raimondo says
▼ + stars: | 2024-03-12 | by ( ) www.cnbc.com time to read: +1 min

U.S. Commerce Secretary Gina Raimondo speaks during a Senate hearing in Washington, D.C., on May 16, 2023. American companies are set to announce investments amounting to more than $1 billion in the Philippines, U.S. Commerce Secretary Gina Raimondo said during an official visit to Manila on Monday. Raimondo is heading a two-day trade and investment mission, the first of its kind for the Philippines. The delegation includes executives from 22 companies including United Airlines , Alphabet's Google , Visa , KKR Asia Pacific, and Microsoft . United said last week it would launch new flights from Tokyo-Narita to Cebu, Philippines starting July 31.

Persons: Gina Raimondo, Raimondo, United, Joe Biden, Ferdinand Marcos Jr Organizations: Commerce, Washington , D.C, U.S . Commerce, United Airlines, Google, Visa, KKR Asia Pacific, Microsoft, U.S, Philippine Locations: Washington ,, Philippines, U.S, Manila, Tokyo, Narita, Cebu, China, South, Taiwan

☆ United Airlines launches Morocco, Colombia flights, beefs up China service
▼ + stars: | 2024-03-07 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

United Airlines is planning to launch flights to Marrakesh, Morocco, and Medellin, Colombia, and ramp up its service to Asia, in the carrier's latest bet that consumers will continue to shell out for trips abroad. The flights from United's Newark, New Jersey, hub to Marrakesh are scheduled to begin Oct. 24 using a Boeing 767-300ER. The airline is also starting year-round service to Cebu, Philippines, from Tokyo's Narita Airport. U.S. airlines have increased their international service coming out of the Covid-19 pandemic, and revenue growth from trips abroad has outpaced domestic sales. United also said it will offer four weekly flights between Shanghai and Los Angeles starting Aug. 29.

Persons: Patrick Quayle, United's, It's Organizations: Airlines, Boeing, Tokyo's, CNBC, Los Angeles, CNBC PRO Locations: Marrakesh, Morocco, Medellin, Colombia, Asia, United's Newark , New Jersey, Cebu, Philippines, U.S, Shanghai, Los, Los Angeles, Hong Kong, San Francisco, Seoul, South Korea, Newark, Porto, Portugal

☆ Chinese fishing vessels are going scorched earth and pumping cyanide into contested waters, Philippine fishing authority says
▼ + stars: | 2024-02-19 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

The bureau on Saturday accused Chinese vessels of pumping cyanide into the shoal's waters. AdvertisementThe Philippines' fishing bureau has accused Chinese fishing vessels of using cyanide to destroy the Scarborough Shoal, a fish-rich atoll in the South China Sea contested by both Manila and Beijing. Cyanide fishing is a controversial fishing method that typically involves dumping the highly toxic chemical near coral reefs or in fishing grounds to stun or kill fish so they can be easily captured. Notably, the Philippines' fishing industry was known to use cyanide fishing back in the 1960s to capture live fish for aquariums and restaurants, though the practice has become less common. The Scarborough Shoal is contested by The Philippines, China, and Taiwan.

Persons: —, Nazario Briguera, Brigeura, Briguera, hadn't, Jay Tarriela, Guo Shoujing, Hague Organizations: Service, Bureau of Fisheries, Aquatic Resources, The Philippine, Philippine, Scarborough, Philippine Star, ROSA, GMA, Philippine Coast Guard, Conservation, Education Foundation, Global Times, The, TED, Getty, Google, Fisheries, Business Locations: Philippines, China, Scarborough, South, Manila, Beijing, Masinloc, Spanish, Scarborough Shoal, AFP, Bajo de, Cebu, South China, Taiwan, The Philippines, Quezon City, Philippine

☆ Woman on Meth Tried to Open Plane Door of Korean Air Flight: Report
▼ + stars: | 2023-11-25 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

A woman tried to open the emergency door of a Korean Air flight several times mid-air. AdvertisementAn airline passenger tried to open the emergency door of a Korean Air flight midair while under the influence of drugs, a report says. AdvertisementPolice said she had come to South Korea after spending six months in New York and had no record of mental illness. South Korean citizens are prohibited from using drugs, even if they are in another country where drug use is legal. In June, a 19-year-old tried to open the door during a flight traveling from Cebu to Incheon and was arrested, the outlet said.

Persons: — Organizations: Korean Air, Service, Korean, South, Yonhap News Agency, Police Locations: New York, Incheon, Korea, South Korea, Jeju, Daegu, Cebu

☆ Philippines bans American traveler for life, accusing him of writing profanities on immigration form
▼ + stars: | 2023-11-17 | by ( Chris Lau | ) edition.cnn.com time to read: +3 min

CNN —The Philippines has banned for life an American traveler whom it accused of writing “profane words” on a digital immigration form and being rude to immigration officers. Anthony Laurence, 34, was refused entry and put on a blacklist permanently following his allegedly “disrespectful” behavior, the Philippine Bureau of Immigration Commissioner Norman Tansingco said in a statement last week. Laurence, who told CNN he is a property investor who lives in the country intermittently, disputes the immigration authority’s account. He did not respond to CNN’s questions about what he wrote on the form and whether it included any profanities. But he said, “I immediately apologized and the immigration officer wasn’t interested.”“I even hand-wrote an apology to the immigration officer which he wasn’t interested in as well,” Laurence added.

Persons: Anthony Laurence, Norman Tansingco, Laurence, ”, Tansingco, “, wasn’t, ” “, ” Laurence Organizations: CNN, Philippine Bureau of Immigration, Ninoy Aquino, Airport, Air, Cebu – Locations: Philippines, Manila, Bangkok, Thailand, Air Asia, Philippine, Cebu

Passengers queue at airline counters in the Ninoy Aquino International Airport, in Pasay City, Metro Manila, Philippines, January 2, 2023. "While the information is currently under validation, immediate enhanced security measures are being implemented across all airports," CAAP said. The Oct. 4 memo included a screenshot of what it said was the threat, which did not contain the word "bomb" but said "an airplane will explode" at Manila's international airport today and "please beware". Transport Secretary Jaime Bautista said patrols had been increased and K9 units deployed at all terminals of Manila's international airport, and law enforcement agencies were coordinating closely. Reporting by Karen Lema and Mikhail Flores; Writing by Martin Petty; Editing by Kanupriya KapoorOur Standards: The Thomson Reuters Trust Principles.

Persons: Eloisa Lopez, CAAP, Jaime Bautista, Bautista, Karen Lema, Mikhail Flores, Martin Petty, Kanupriya Kapoor Organizations: Ninoy Aquino International Airport, REUTERS, Security, Civil Aviation Authority of, Philippines Airlines, Cebu Pacific Air, Thomson Locations: Pasay City, Metro Manila, Philippines, Manila, MANILA, Davao, Bicol, Palawan, Cebu

☆ Step inside the Beverly Hills of the Philippines, where homes rarely change hands, access is nearly impossible if you don't know a resident, and inequality is on full display
▼ + stars: | 2023-09-05 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +1 min

Ervina Balaga, a realtor who sells homes in Beverly Hills, met us inside the neighborhood. A mansion perched on top of the hill in Beverly Hills in Cebu, Philippines. Balaga told me the cheapest home on the market right now in the neighborhood costs 52 million pesos, or around $915,000. Balaga told me homes in Beverly Hills are rarely sold to outsiders, as many who live there are regarded as the "Old Money" of Cebu. For comparison, the median price of homes in Cebu City is listed at $141,270, per data by the Urban Land Institute.

Persons: Ervina, Marielle, Balaga Organizations: Urban Land Institute Locations: Beverly Hills, Cebu, Philippines, Cebu's, Seoul, Pasil, Cebu City

Seoul/ Hong Kong CNN —A 19-year-old Korean man tried to open a plane door mid-flight after complaining that he felt “pressure” on his chest, but luckily, the cabin crew stopped him. The door stayed closed and the plane was left undamaged, and none of the 180 passengers on board were harmed in the incident, the airline added. The passenger was handed over to police at Seoul’s Incheon Airport at 7:30 a.m. local after the plane landed on Monday, June 19. Police brought the man for questioning and he has so far not provided a motive for his actions, Incheon Airport Police told CNN. While the passenger’s attempt was foiled this time, the incident comes barely a month since someone actually opened a plane door on a Korean carrier.

Persons: “ Organizations: Hong Kong CNN, Jeju Airlines, Incheon Airport, Police, Incheon Airport Police, CNN, Asiana Airlines, Korean Air subsidiary Jin Air Locations: Seoul, Hong Kong, Cebu, Philippines, South Korea, ”, Korean, Daegu

☆ Philippine Airlines to buy nine Airbus A350-1000 wide-body jets
▼ + stars: | 2023-05-10 | by ( Neil Jerome Morales | ) www.reuters.com time to read: +2 min

SummarySummary Companies New aircraft to serve long-haul marketCarrier has rights to buy three more wide-body aircraftCompany's first jet purchase after bankruptcy process in 2021MANILA, May 10 (Reuters) - Philippine Airlines (PHL.UL) will order nine Airbus (AIR.PA) A350-1000 wide-body aircraft to expand its fleet and route network as air travel recovers from the pandemic, the flag carrier said on Wednesday. Reuters on Tuesday reported that Philippine Airlines was close to a deal to acquire 10 Airbus planes, in the latest sign of a recovery in the market for wide-body jets, citing sources. The memorandum signed by Philippine Airlines is not yet a final order and fine-tuning the contractual details can take weeks or months. The airline currently operates various Airbus jets, including the A350 on long-haul intercontinental routes and A330-300s on services to the Middle East, Australia and various points in Asia. Philippine Airlines filed for Chapter 11 bankruptcy in the United States in September 2021, allowing it to restructure finances that were hit hard by the COVID-19 pandemic.

☆ NAIA power outage: Philippines to shut airspace on May 17 in bid to tackle recent outages
▼ + stars: | 2023-05-03 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +3 min

But getting there is not always a smooth journey, as anyone unfortunate enough to be at Manila’s airport during two crippling power outages this year discovered. Those outages, on Labor Day and New Year’s Day, caused widespread chaos with hundreds of flight cancellations affecting tens of thousands of passengers. In a bid to solve that issue, the Philippines will close the whole country’s airspace for 6 hours on May 17 to replace malfunctioning electrical equipment. “It’s the entire Philippine airspace that will be shut down,” Bryan Co, senior assistant general manager at the Manila International Airport Authority, said in a press briefing on Tuesday. The airport handled 48 million passengers in 2019, despite being designed to handle 31.5 million, it said, and the revamp is expected to cost $1.8 billion (100 billion Philippine pesos).

☆ Manila airport cancels 40 domestic flights after power outage
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +1 min

May 1 (Reuters) - An unexplained power outage at Manila airport's Terminal 3 on Monday led to about 40 domestic Cebu Pacific (CEB.PS) flights being cancelled, the airport said. "Flight delays are expected due to the outage", the Ninoy Aquino International Airport said in a statement posted on Facebook, without disclosing the cause of the power failure. Standby power systems were supplying electricity to critical facilities enabling airline and immigration computers to function partially and enable processing of both inbound and outbound passengers, it said. In a statement, Cebu Pacific offered its passengers departing to and from Terminal 3 an option to rebook or to request refunds to be put in a travel fund for future use. Reporting by Akanksha Khushi in Bengaluru; Editing by Christian SchmollingerOur Standards: The Thomson Reuters Trust Principles.

☆ Philippines reveals locations of 4 new strategic sites for U.S. military pact
▼ + stars: | 2023-04-03 | by ( Karen Lema | ) www.reuters.com time to read: +3 min

The locations are significant, with Isabela and Cagayan facing north towards Taiwan, while Palawan is near the disputed Spratly Islands in the South China Sea, where China has built artificial islands equipped with runways and missile systems. Defence chief Carlito Galvez called the sites "very strategic" and stressed the Philippines had a responsibility to the international community in the South China Sea. "Their locations are in areas where they are needed," said Jay Batongbacal, a South China Sea expert at the University of the Philippines. "It also provides us with coverage not only on the West Philippine Sea (South China Sea) but also on the Pacific side," he added. The United States has committed more than $80 million worth of infrastructure at the five existing sites - the Antonio Bautista Air Base in Palawan, Basa Air Base in Pampanga, Fort Magsaysay in Nueva Ecija, Benito Ebuen Air Base in Cebu and Lumbia Air Base in Mindanao.

☆ Onions are now so expensive in the Philippines that they've become a luxury item — and people have been trying to smuggle them across the border
▼ + stars: | 2023-01-27 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +4 min

Onions are now a luxury item in the Philippines. The price of onions soared to $12.80 per kilogram in December, three times the price of chicken. Local authorities seized between $9 million and $11 million worth of smuggled onions in 2022. According to the country's Department of Agriculture, on January 9, onions were going for 600 pesos, or $11, per kilogram. Local authorities seized between $9 million and $11 million worth of smuggled onions in 2022, The Guardian reported.

☆ Philippines main airport scrambles to restore normalcy after power cut
▼ + stars: | 2023-01-02 | by ( ) www.reuters.com time to read: +2 min

[1/2] A passenger wearing a face mask and face shield for protection against the coronavirus disease (COVID-19) walks towards a counter in the Ninoy Aquino International Airport in Paranaque, Metro Manila, Philippines, January 14, 2021. The ageing Ninoy Aquino international airport was early on Monday handling a maximum 15 arrivals per hour compared to 20 during normal operations, said Cesar Chiong, general manager of the Manila International Airport Authority. The outage was the result of the unprecedented failure of both primary and secondary power supplies, he said. Chiong said the airport had introduced its own power system in 2018 but on Sunday, both the main and backup systems failed. The Ninoy Aquino International Airport has previously been ranked among the world's worst international gateways, with flight delays a regular occurrence, and a history of upgrades being delayed or abandoned due to disputes between the airport and contractors.

☆ Flights to and from Philippine capital suspended due to technical issues
▼ + stars: | 2023-01-01 | by ( ) www.reuters.com time to read: +1 min

A total of 282 flights were either delayed, cancelled or diverted to other regional airports, affecting around 56,000 passengers at Manila's Ninoy Aquino International Airport (NAIA), the airport operator said on Sunday. As of 0800 GMT, "the system has been partially restored thereby allowing limited flight operations," the Manila International Airport Authority said in a statement. It offered passengers due to fly on Sunday free rebooking or the option to convert tickets to vouchers. Philippine Airlines (PAL.PS) said a number of flights were diverted, cancelled and delayed, and travellers should check the status of their journey before proceeding to the airport. Reporting by Enrico Dela Cruz; Editing by Neil Fullick and Peter GraffOur Standards: The Thomson Reuters Trust Principles.

☆ Korean Air plane overshoots runway, closing Philippine airport
▼ + stars: | 2022-10-24 | by ( Associated Press | ) www.nbcnews.com time to read: +2 min

MANILA, Philippines — A damaged Korean Air plane remained stuck in the grass at a central Philippine airport Monday after it overshot a runway in rainy weather the night before. “We always prioritize safety in all of our operations, and we truly regret the stress and inconvenience brought to our passengers,” Korean Air President Woo Keehong said in a statement. Authorities were also assessing if the other aircraft that are stranded at the airport could be allowed to fly out safely. The Airbus A330 flying from Incheon, South Korea, attempted to land twice before overrunning the runway on the third attempt, Korean Air Lines Co. said in a statement. In 1981, a Korean Air Lines Boeing 747 jetliner overshot the runway while taking off from Manila’s international airport and skidded to a stop at the edge of a major highway.

☆ A passenger plane was heavily damaged when it overshot the runway during its third landing attempt
▼ + stars: | 2022-10-24 | by ( Stephen Jones | ) www.businessinsider.com time to read: +3 min

A Korean Air plane was heavily damaged after it overshot the runway while trying to land. The incident involved a Korean Air plane and took place at Mactan-Cebu International Airport in the Philippines. There were no reports of injuries among the 162 passengers and 11 crew members on Korean Air flight KE631. Mactan-Cebu International Airport did not immediately respond to Insider's request for further comment, which came outside of standard business hours. It's the second incident involving a Korean Air flight that has made headlines in recent months.

☆ Korean Air says jet overran runway in Philippines, no injuries reported
▼ + stars: | 2022-10-23 | by ( ) www.reuters.com time to read: +2 min

Oct 24 (Reuters) - A Korean Air Lines Co Ltd (003490.KS) jet with 173 people on board overshot the runway at Cebu International Airport in the Philippines late Sunday, the airline said, adding that there were no injuries and all passengers had evacuated safely. The Airbus SE (AIR.PA) A330 widebody flying from Seoul to Cebu had tried to land twice in poor weather before it overran the runway on the third attempt at 23:07 local time, Korean Air said in a statement on Monday. "Passengers have been escorted to three local hotels and an alternative flight is being arranged," the airline said of flight KE361. Korean Air President Keehong Woo issued a letter of apology regarding the flight on the airline's website, noting that a thorough investigation would be performed with local aviation authorities and Korean authorities to determine the cause. Korean Air has not had a fatal passenger crash since 1997, according to Aviation Safety Network, a website that compiles aviation accidents.

Shell Aviation President Jan Toschka poses during an interview with Reuters on the sidelines of the Asia Pacific Petroleum Conference (APPEC) 2022 conference, in Singapore, September 27, 2022. REUTERS/Isabel KuaSINGAPORE, Sept 27 (Reuters) - Global aviation fuel demand is expected to fully recover to pre-pandemic levels of 300 million tonnes per year in the next one to two years, the head of aviation at Shell (SHEL.L) said on Tuesday. SUSTAINABLE AVIATION FUELShell is considering building two more sustainable aviation fuel (SAF) plants in the United States, as it aims for renewable fuel to account for 10% of its global jet sales by 2030, Toschka said. "We will be having more than 2 million tonnes of SAF annually by 2030," he added. Aviation, accounting for 3% of the world's carbon emissions, is one of the most difficult forms of transportation to decarbonise.

Search resuls for: "Cebu"

21 mentions found