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☆ Germany's Lufthansa suspends flights to and from Tehran amid Middle East crisis
▼ + stars: | 2024-04-10 | by ( ) www.cnbc.com time to read: +2 min

Germany's Lufthansa said on Wednesday it suspended flights to and from Tehran from April 6 until probably April 11, "due to the current situation in the Middle East". "We are constantly monitoring the situation in the Middle East and are in close contact with the authorities. Later, Tehran said that the shooting-down of the Ukrainian was a "disastrous mistake" by forces who were on high alert. In retaliation for the killing of Qasem Soleimani, head of an elite overseas unit of the Guards, Iranian forces fired missiles at military bases housing U.S. troops in Iraq on Jan. 3. More than 33,000 Palestinians have been killed in six months of Israeli bombardment of Gaza, according to the health ministry in Gaza.

Persons: Germany's, Iran's, Ayatollah Ali Khamenei, Khamenei, Israel Katz, Qasem Soleimani Organizations: Lufthansa, Frankfurt Airport, Germany's Lufthansa, Reuters, Bloomberg, Revolutionary Guards, Ukraine International Airlines, Tehran, Iranian Guards, Guards Locations: Frankfurt, Germany, Tehran, United States, Iran, Iranian, Syria, Israel, Damascus, Washington, U.S, Baghdad, Ukrainian, Iraq, Gaza, Hamas

☆ A plane made an emergency landing in Newark after 'an unruly passenger' tried to get into the cockpit
▼ + stars: | 2024-04-05 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

A passenger on a flight from Newark to Zurich tried to enter the cockpit. One of the flight attendants was injured by the unruly passenger, Blick reported. AdvertisementA Swiss International Air Lines plane had to turn back to Newark after a passenger reportedly injured a flight attendant while trying to enter the cockpit. An airline spokesperson told Business Insider the flight "had to turn back to Newark due to an unruly passenger" who "behaved abusively towards the crew." In an email to BI, a Port Authority of New York and New Jersey spokesperson said the plane turned around due to an unruly passenger.

Persons: —, Blick Organizations: Airbus, Service, International Air Lines, International Airlines, Port Authority of New Locations: Newark, Zurich, Swiss, Switzerland, Port Authority of New York, New Jersey

☆ Ahead of Election, Pakistan Seals Plan to Sell National Airline
▼ + stars: | 2024-02-01 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +8 min

"Our job is 98% done," Privatisation Minister Fawad Hasan Fawad told Reuters when asked about the plan to sell the airline. Details of the privatisation process have not been previously reported. PIA had liabilities of 785 billion Pakistani rupees ($2.81 billion) and accumulated losses of 713 billion rupees as of June last year. Its CEO has said losses in 2023 were likely to be 112 billion rupees. PIA spokesman Abdullah Hafeez Khan said the airline was assisting the privatisation process, extending "full cooperation" to the transaction adviser.

Persons: Asif Shahzad, Fawad Hasan Fawad, Fawad, Ernst & Young, Shamshad Akhtar, Abdullah Hafeez Khan, Nawaz, Nawaz Sharif, Imran Khan, Sharif's, Ishaq Dar, EASA, Brendan Sobie, Gibran Peshimam, Raju Gopalakrishnan Organizations: Pakistan International Airlines, International Monetary Fund, PIA, IMF, Reuters, Caretaker, Ernst &, Ernst, FAST, Pakistan Muslim League, European Union Aviation Safety Agency, Heathrow, Manchester, Birmingham, Kuwaiti Locations: Asif Shahzad ISLAMABAD, Pakistan, Czech, Hungarian, Karachi, Europe, Kuala Lumpur, Toronto, Singapore, East, North America, Paris, New York

☆ Here's why Warren Buffett calls airline stocks hazardous to your investment health
▼ + stars: | 2024-01-14 | by ( Yun Li | ) www.cnbc.com time to read: +5 min

With a midair emergency, disappointing profit forecast and more aircraft groundings after only two weeks, the airline industry is already off to a turbulent 2024. "It's a labor intensive, capital intensive, largely commodity-type business," Buffett said during the annual meeting of Berkshire shareholders in 2013. Selling airlines In 2020, Buffett revealed that Berkshire sold all of its equity holdings in the U.S. airline industry. That included stakes worth a combined $4 billion in all four legacy carriers — United Airlines , American Airlines , Southwest Airlines and Delta Air Lines . And I don't know how it's changed and I hope it corrects itself in a reasonably prompt way," Buffett said then.

Persons: Warren Buffett, Buffett, Berkshire Hathaway, That's, he's, I've, Charlie Munger, it's, Donald Trump, ’ Buffett, Kitty Hawk, Orville, Richard Branson Organizations: Berkshire, U.S, — United Airlines, American Airlines, Southwest Airlines, Delta Air Lines, Buffett, U.S . Global JETS ETF, JETS, Chicago Cubs, CNBC, Virgin Atlantic Airways Locations: Omaha, NetJets

ISLAMABAD (AP) — Officials from Afghanistan's ruling Taliban on Wednesday welcomed the resumption of FlyDubai flights to Kabul's international airport two years after stopping service following the collapse of the Western-backed government. All international airlines halted flights to Afghanistan after the Taliban seized power in Afghanistan in mid-August 2021 as U.S. and NATO forces departed after two decades of war. FlyDubai, the sister carrier of long-haul airline Emirates, now will make two flights a day to Kabul. In May last year, the Taliban signed a deal allowing an Emirati company to manage three airports in Afghanistan. Two Afghan airlines, Kam Air and Ariana Afghan Airlines, operate from Kabul to destinations such as Dubai, Moscow, Islamabad and Istanbul.

Persons: FlyDubai, Abdul Ghani Baradar, ”, Abu, Ashraf Ghani, Jon Gambrell Organizations: —, Wednesday, NATO, United, Emirates, Taliban, Solutions, Kam, Ariana Afghan Airlines, Associated Press, Badruddin Haqqani, Airbus, Dubai Air, UAE . The Emirates, U.S, ___ Associated Press Locations: ISLAMABAD, Afghanistan, United Arab Emirates, Kabul, Abu Dhabi, Herat, Kandahar, Dubai, Moscow, Islamabad, Istanbul, UAE

☆ Price hikes, hectic embassy guidelines and stranded pets: People struggle to find ways out of Israel
▼ + stars: | 2023-10-17 | by ( Jennifer Korn | ) edition.cnn.com time to read: +9 min

The first concern for those looking to leave Israel was when departing flights would resume, followed by the frustrations of actually booking the flight. Documents to travel with pets were not being processed to any country but the United States, she told CNN, but flight prices were skyrocketing into the thousands. “As we were boarding — because it was so manic — 10 or so people just went past the crew member,” they told CNN. Others looking to leave Israel detailed hearing misinformation about rocket strikes destroying the airport. Those people who are from the embassy that are at the airport, they’re super tired, and they’re really, really trying their best,” the Polish tourist told CNN.

Persons: ‘, ’ ” Jillian, Jillian, “, ”, ’, Emma Gottlieb, Gottlieb, Ben Gurion, Rachel Hammer, Hammer, ” Hammer, ” Milo Ferron, doesn’t, they’re, Biden, John Kirby, Floridians, Ron DeSantis, ” Jillian Organizations: New, New York CNN — Foreign, Ben Gurion International Airport, CNN, America ”, British Airways, Danish, Denmark’s Ministry of Foreign Affairs, US, — United, Delta, National Security, Emergency Management Locations: New York, Israel, Los Angeles, Tel Aviv, United States, Los Angeles , New York, London, Europe, America, British, New Mexico, Cyprus, “, Denmark, Polish, Greece, Netherlands, Europe —, Haifa, Florida’s

☆ Israel and Hamas at war: Latest News
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +8 min

Scores of Israeli and foreign hostages were taken back to Gaza; Israel says it has identified 97 of them. [1/6]Israeli soldiers patrol following a mass-infiltration by Hamas gunmen from the Gaza Strip, in Sderot, in southern Israel, October 11, 2023. * The war falls under a complex international system of justice that has emerged since World War Two. * International airlines have suspended hundreds of flights to and from Tel Aviv following the attack by Hamas militants on Israel. * Israel has raised $200 million in diaspora bonds since the war with Hamas began, Israel Bonds said.

Persons: Israel, Antony Blinken, Kan, Mahmoud Abbas, Wafa, Donald Trump, Netanyahu, Tayyip Erdogan, Violeta Santos Moura, Wang Yi, Mohammed Deif, upends, Kazuo Ueda, Frida, Israel Bonds, Kristalina Georgieva, Georgieva, Stephen Farrell Organizations: United Nations, Food, Palestinian, El Al Airlines, Britain, Royal Navy, U.S, REUTERS, Bank of Japan, * Airlines, Carriers, Dutch KLM, Air France, U.S . State Department, Cyprus Airways, Hamas, Monetary Fund, Thomson Locations: Gaza, Washington, Israel, Egypt, Sinai, United States, Asia, Israeli, Palestinian, Sderot, Paris, Jerusalem, Saudi, Europe, Larnaca, Tel Aviv

☆ Israel, Hamas at war: Latest Updates
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +8 min

* The International Committee of the Red Cross said it was in touch with both Hamas and Israel about the hostages. * "There are no wreaths left in Israel anymore," said one of the many volunteers working to prepare funeral flowers for more than 1,200 Israelis killed since Hamas gunmen burst into Israel. [1/6]Israeli soldiers patrol following a mass-infiltration by Hamas gunmen from the Gaza Strip, in Sderot, in southern Israel, October 11, 2023. INTERNATIONAL REACTION* Initial U.S. intelligence reports show that key Iranian leaders were surprised by the unprecedented attacks on Israel by Hamas, according to a source. INSIGHTS/EXPLAINERS* How a secretive Hamas commander masterminded the attack on Israel.

Persons: Israel, Fabrizio Carboni, I'd, Mohammaalal, gravediggers, Violeta Santos Moura, Pope Francis, Antony Blinken, Blinken, Jordan, Mahmoud Abbas, Tayyip Erdogan, Ursula von der Leyen, Mohammed Deif Deifly, Amir YaronYaron, Janet Yellen, I'm, Stephen Farrell, Gerry Doyle, Andrew Cawthorne, Lisa Shumaker, Michael Perry Organizations: Red, Hamas, Israel, Committee, ICRC, REUTERS, Saudi, Big, West Bank, Palestinian, Airlines, Norwegian Air, Dutch KLM, Air, Bank of Israel, . Treasury, Thomson Locations: Gaza, Israel, U.S, Egypt, huddling, U.N, Palestinian, Tel Aviv, Beeri, Sderot, EU, Jerusalem, Air France, Saudi Arabia

☆ British Airways flight turns back to London just before landing in Tel Aviv
▼ + stars: | 2023-10-11 | by ( Eve Brennan | ) edition.cnn.com time to read: +1 min

CNN —A British Airways flight from London to Tel Aviv made an abrupt U-turn shortly before it was due land in the Israeli city on Wednesday as the airline canceled all flights to the destination amid safety concerns. The airline said it had halted services to and from Tel Aviv as of late Wednesday. “Safety is always our highest priority and following the latest assessment of the situation, we’re suspending our flights to and from Tel Aviv,” it said in a statement to CNN. “We continue to monitor the situation in the region closely.” British Airways did not say when flights would resume. What other airlines are doingNumerous other international airlines with connections to Tel Aviv have suspended services as attacks have escalated.

Persons: CNN —, Aviv’s Ben, CNN’s Barry Neild Organizations: CNN, British Airways, Aviv’s, Gurion, “, Virgin Atlantic, American Airlines Locations: London, Tel Aviv, London’s, ”, Delta, United, Israel

LONDON, Oct 11 (Reuters) - British Airways said on Wednesday it would suspend all of its flights to Tel Aviv after it diverted a flight from London back to Britain due to security concerns in Israel. "Safety is always our highest priority and we've taken the decision to return our Tel Aviv flight to Heathrow (Airport)," a spokesperson for British Airways said. British Airways had operated a single daily flight to Tel Aviv before the suspension, according to flight tracking website FlightRadar. With British Airways' suspension, no IAG-owned (ICAG.L) airlines are now offering flights to Tel Aviv, a spokesperson for the group said. Flightradar showed the flight in question, BA165, had almost reached Tel Aviv before beginning its return to London.

Persons: haven't, Flightradar, Sarah Young, Joanna Plucinska, Sachin Ravikumar, Bernadette Baum, Jonathan Oatis, Rod Nickel Organizations: British Airways, Aviation, Palestinian, Hamas, Ben Gurion, Thomson Locations: Tel Aviv, London, Britain, Israel, Heathrow

☆ Israel, Hamas at war: Live updates
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +6 min

Oct 11 (Reuters) - Israel has formed an emergency unity government, with Prime Minister Benjamin Netanyahu sitting in a war cabinet with centrist former defence minister Benny Gantz. * Hamas militants holding Israeli soldiers and civilians hostage have threatened to execute a captive for each home in Gaza hit without warning. * "There are no wreaths left in Israel anymore," said one of the many volunteers working to prepare funeral flowers for more than 1,200 Israelis killed since Hamas gunmen burst into Israel. [1/9]Israeli soldiers patrol following a mass-infiltration by Hamas gunmen from the Gaza Strip, in Sderot, in southern Israel, October 11, 2023. INSIGHTS/EXPLAINERS* How a secretive Hamas commander masterminded the attack on Israel.

Persons: Benjamin Netanyahu, Benny Gantz, I'd, Mohammad al Najjar, gravediggers, Violeta Santos Moura, Pope Francis, Israel, Antony Blinken, Tayyip Erdogan, Ursula von der Leyen, Mohammed Deif, Biden, Amir Yaron, Janet Yellen, I'm, Stephen Farrell, Gerry Doyle, Andrew Cawthorne, Lisa Shumaker, Michael Perry Organizations: Hamas, ICRC, REUTERS, Big, Saudi, Bank of Israel, . Treasury, Thomson Locations: Israel, Gaza, huddling, U.N, Egypt, Palestinian, Tel Aviv, Beeri, Sderot, EU, Jerusalem, Saudi Arabia

☆ Israel, Hamas at War: Live Updates
▼ + stars: | 2023-10-11 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +5 min

CONFLICT* Addressing American Jewish community leaders at the White House, U.S. President Joe Biden called the Hamas attack on Israel "the deadliest day for Jews since the Holocaust." * The UN Security Council will meet on Israel, Gaza on Friday. INSIGHTS/EXPLAINERS* How a secretive Hamas commander masterminded the attack on Israel. The fighting between Israel and Hamas is the latest in seven decades of war and conflict. INTERNATIONAL REACTION* Initial U.S. intelligence reports show that key Iranian leaders were surprised by the unprecedented attacks on Israel by Hamas, according to a source.

Persons: Benjamin Netanyahu, Benny Gantz, Joe Biden, Antony Blinken, I'd, Mohammad al Najjar, gravediggers, Mohammed Deif, Pope Francis, Israel, Amir Yaron, Janet Yellen, I'm, Stephen Farrell, Gerry Doyle, Andrew Cawthorne, Lisa Shumaker, Michael Perry Organizations: Reuters, Hamas, Jewish, White House, UN Security, Big, Saudi, Bank of Israel, . Treasury Locations: Israel, Gaza, Egypt, Tel Aviv, Beeri, Saudi Arabia

☆ Which airlines have suspended Israel flights after Hamas attacks?
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +4 min

Here are airlines that have temporarily halted flights to and from Israel:AFRICARoyal Air Maroc cancelled flights to and from Tel Aviv on Saturday and Sunday. On Sunday, United Airlines (UAL.O) and American Airlines (AAL.O) suspended direct flights to Tel Aviv. EUROPEAll airlines owned by Germany's Lufthansa (LHAG.DE), including Austrian Airlines, Swiss International Airlines and Brussels Airlines, cancelled flights to and from Tel Aviv through Saturday. Norwegian Air (NAS.OL) cancelled flights from Copenhagen and Stockholm to Tel Aviv and return flights through Sunday. Portugal's TAP suspended flights to and from Tel Aviv without providing a time frame.

Persons: Amir Cohen, Britain's, Vueling, Alessandro Parodi, Joao Manuel Mauricio, Milla Nissi, Bernadette Baum 私 Organizations: Gaza, REUTERS, AFRICA Royal Air Maroc, Delta Air Lines, Sunday, United Airlines, American Airlines, Tel Aviv . United, Air Canada, ASIA Hainan Airlines, Cathay, HK, Korean, Germany's Lufthansa, Austrian Airlines, Swiss International Airlines, Brussels Airlines, Saturday, Ryanair, Air France KLM, Norwegian, TAP, Sunday . British Airways, IAG, Air Europa, Italy's ITA, Aegean Airlines, Bulgaria Air, Air Malta, Virgin Atlantic, EAST Etihad Airways, . Gulf Air Locations: Sderot, Israel, Tel Aviv, AFRICA, ASIA, China, Beijing, Shanghai, Shenzhen, Hong Kong, Incheon, EUROPE, Europe's, France, Copenhagen, Stockholm, Hungarian, Iberia, Spanish, London Heathrow, Abu Dhabi, Gdansk

☆ Travel advice for Israel following the deadly clashes: Everything you need to know
▼ + stars: | 2023-10-09 | by ( Lilit Marcus | ) edition.cnn.com time to read: +7 min

The situation remains fluid and all information is subject to sudden change, but here’s what travelers need to know following the attacks. Among the locations Hamas has claimed it is targeting is Ben Gurion International Airport, Israel’s international hub, located just outside Tel Aviv. As for Israeli airlines, El Al, the country’s flag carrier, issued a statement on October 8 saying it would continue to operate as usual. Meanwhile, Delta Air Lines has issued guidance for passengers with flights booked to or from Tel Aviv between October 7-14. “The situation in Israel continues to be unpredictable,” said the US Embassy in Israel in a statement, which advised American citizens in Israel to contact the embassy in Jerusalem or the consulate in Tel Aviv.

Persons: Benjamin Netanyahu, CNN’s Nic Robertson, Ben Gurion’s, Ilan, Asaf Ramon, El Al, Ben Gurion, Élisabeth Borne, ”, Bruno Mars, CNN’s Nicole Goodkind, Sophie Jeong Organizations: CNN, Israeli, Hamas, Ben Gurion International Airport, Asaf Ramon International Airport, El Al Airlines, El Al, El, Arkia Airlines, International, German, Lufthansa, Lufthansa Group Airlines, BFM, Air France, Hong Kong’s Cathay Pacific Airways, Korean Air, Korean, Delta Air Lines, American Airlines, United Airlines, United, Air, Hainan Airlines, Virgin Atlantic, Royal Air Marcoc, Federal Aviation Administration, FAA, Reuters, of European Football Associations, Estonia, “ UEFA, Embassy, Front Command Locations: Israel, Tel Aviv, Red Sea, Eilat, El, Rome, Milan, Athens, Hong, Incheon, Air Canada, Hainan, Switzerland, Germany, “, Tel Aviv’s, Gaza, Jerusalem, Lebanon

☆ Airlines suspend Israel flights amid Gaza war
▼ + stars: | 2023-10-09 | by ( ) www.reuters.com time to read: +2 min

Here are airlines that have temporarily halted flights to and from Israel:AMERICASOn Sunday, U.S. carriers United Airlines (UAL.O), Delta Air Lines (DAL.N) and American Airlines (AAL.O) suspended direct flights to Tel Aviv. ASIAHainan Airlines (600221.SS), the only Chinese airline to fly between China and Israel, cancelled flights between Tel Aviv and Shanghai on Monday. EUROPEAll airlines owned by Germany's Lufthansa (LHAG.DE) cancelled flights to and from Tel Aviv through Monday. Britain's easyjet (EZJ.L) halted flights with Tel Aviv on Sunday and Monday, and would adjust the timing of flights in the next few days. Portugal's TAP cancelled flights to and from Tel Aviv scheduled for Sunday and Monday.

Persons: Britain's, Finland's, Monday . Virgin Atlantic, Alessandro Parodi, Milla Nissi, Bernadette Baum Organizations: Israeli, El, Abu Dhabi International Airport, United, United Arab Emirates, Presidential Affairs, REUTERS, Sunday, United Airlines, Delta Air Lines, American Airlines, Tel Aviv . United, ASIA Hainan Airlines, . Cathay, HK, . Korean, Germany's Lufthansa, Air France KLM, Portugal's TAP, Iberia Express, Monday . Virgin, Etihad Airways, Thomson Locations: Abu Dhabi, United Arab, Handout, Tel Aviv, Israel, U.S, ASIA, China, Shanghai, Hong Kong, Incheon, EUROPE, Madrid, Gdansk

☆ Multiple airlines cancel flights across Israel after government declares war
▼ + stars: | 2023-10-09 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +2 min

CNN —Multiple airlines have canceled flights in and out of Tel Aviv, home to Israel’s largest international airport, after Israel formally declared war on Hamas. In a statement to CNN, American Airlines said it was suspending flights until Friday as it closely monitors the situation on the ground. US carriers have temporarily suspended flights to Israel,” according to the embassy. Hong Kong carrier Cathay Pacific canceled its Tuesday flight to and from Tel Aviv. Ireland’s Ryanair said Monday it was canceling flights in and out of Tel Aviv until October 11, citing operational restrictions.

Persons: Ed Sicher, Israel, Ben, Israel’s Ben, Yoav Gallant Organizations: CNN, American Airlines, Allied Pilots Association, Federal Aviation Administration, Ben Gurion, Cathay Pacific, Tel Aviv . Air Canada, Ryanair, Air India, Lufthansa, Norwegian Air, Korean Air, Israel’s Ben Gurion, Israel’s Locations: Tel Aviv, Israel, Hong Kong, Incheon, Gaza, Jerusalem

☆ Airlines Cancel Flights to Israel
▼ + stars: | 2023-10-09 | by ( ) www.wsj.com time to read: 1 min

Major U.S. and international airlines are canceling dozens of flights to Israel’s main international airport in Tel Aviv as Israeli forces continue to battle Hamas militants inside the country and launch strikes in Gaza. At least 87 flights to and from the airport were canceled on Monday, according to aviation-data service FlightAware, including all flights by American Airlines and United. The Federal Aviation Administration also urged airlines to exercise caution due to the conflict in the region.

Organizations: U.S, American Airlines and United, Federal Aviation Administration Locations: Tel Aviv, Gaza

☆ Airline ticket prices will be cheaper in the fall compared to the summer
▼ + stars: | 2023-09-13 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

But don’t worry if you missed out — falling ticket prices could make fall the better time to fly. Airfare to top international destinations will drop in the fall as well, with prices to Europe down 31% from summer peaks — nearly $330 off ticket prices. Known as “shoulder season,” airfare typically drops in the fall as demand cools off after the busy summer months. The three major US international airlines — American, Delta and United — all saw a surge in international traffic in recent months and added additional service to meet demand. One factor that could cause ticket prices to increase, however, is rising fuel prices.

Persons: ”, Hopper Organizations: New, New York CNN, Spirit Airlines, —, Federal, “, Frontier Airlines, American Airlines, Labor Locations: New York, Europe, Hopper, Delta, United, America

☆ Pakistan's interim PM says Saudi Arabia to invest $25 bln over next five years
▼ + stars: | 2023-09-04 | by ( Gibran Naiyyar Peshimam | ) www.reuters.com time to read: +3 min

There was no immediate response to a Reuters request to the Saudi Arabian government for comment on Kakar's remarks. If confirmed, a series of investments worth $25 billion would be the biggest ever by the kingdom in Pakistan. Pakistan's state owned enterprises have long been an area of concern with bleeding financials adding to financial stress. Recently Pakistan added struggling state-run Pakistan International Airlines to the privatisation list again. Reporting by Gibran Peshimam; Additional reporting by Aziz El Yaakoubi in Riyadh; Editing by William MacleanOur Standards: The Thomson Reuters Trust Principles.

Persons: Akhtar Soomro, Anwaar, Haq Kakar, Kakar, Gibran Peshimam, Aziz El Yaakoubi, William Maclean Organizations: REUTERS, Rights, International Monetary Fund, Barrick Gold Corp, Pakistan's, Barrick, Pakistan International Airlines, Thomson Locations: Karachi, Pakistan, Rights ISLAMABAD, Saudi Arabia, Saudi, Saudi Arabian, Riyadh, Balochistan

A Pakistan International Airlines (PIA) passenger plane prepares to take off from the Benazir International airport in Islamabad, Pakistan, February 9, 2016. REUTERS/Faisal Mahmood/File PhotoISLAMABAD, Aug 7 (Reuters) - Pakistan plans to privatise its loss-making national carrier Pakistan International Airlines (PIAa.PSX), the government said on Monday, as the country also seeks to outsource its airport operations in line with an IMF deal. The privatisation decision was taken at a meeting of the Cabinet Committee of Privatisation chaired by Finance Minister Ishaq Dar. The committee "after deliberation decided to include Pakistan International Airlines Co. Ltd in the list of active privatisation projects of the ongoing privatisation programme, following an amendment in the law by the Parliament," a finance ministry statement said. Pakistan hopes to resume PIA flights to Britain in the next three months after services were suspended following a fake pilot scandal.

Persons: Faisal Mahmood, Ishaq Dar, Asif Shahzad, Baranjot Kaur, David Goodman, Mark Potter, Alistair Bell Organizations: Pakistan International Airlines, PIA, Benazir, REUTERS, Finance, Pakistan International Airlines Co . Ltd, PIAInvestment, European Union's Aviation Safety Agency, International Monetary Fund, Pakistan, Baranjot, Thomson Locations: Islamabad, Pakistan, ISLAMABAD, , New York, Britain, Europe, Bengaluru

☆ European airlines are adding up to 2 hours to flights to go around Niger after the African nation suddenly closed its airspace
▼ + stars: | 2023-08-07 | by ( Taylor Rains | ) www.businessinsider.com time to read: +4 min

This means airlines flying between Europe and southern Africa have to detour around the volatile nation. Carriers like British Airways and Air France are impacted, the latter adding up to two hours of flight time. Airlines like Virgin Atlantic Airways, Lufthansa, and Swiss International Airlines are also avoiding Niger. With the closure of Niger's airspace, airlines are now grappling with an even wider section of no-fly territory in north-central Africa. This map shows the African territories that European airlines cannot fly over.

Persons: —, FlightRadar24, they're Organizations: Carriers, British Airways, Air, Morning, Bloomberg, juntas, BCC, KLM, Cape Town, Airlines, Virgin Atlantic Airways, Lufthansa, Swiss International Airlines, Japan Airlines, Finnair Locations: Europe, Africa, Air France, South Africa, Ghana, Niger, Johannesburg, London, Mali, Burkina Faso, Burkina Faso's, Ouagadougou, Cape, Entebbe, Uganda, Accra, Lagos, Nigeria, Russia, Helsinki, Tokyo, Germany, France, Libya, Sudan

☆ Airlines report soaring profits amid travel demands
▼ + stars: | 2023-07-28 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +3 min

CNN —International airlines have reported significant profits this year, boosted by strong demand for leisure travel – and events, such as the World Cup, which gave Qatar Airlines an enormous lift. On Thursday, International Airlines Group, which includes Aer Lingus and British Airways, announced a record profit of about $1.4 billion for the first half of the year. “Customer demand remains strong across the Group, particularly for leisure travel, with around 80% of passenger revenue for the third quarter already booked. Qatar Airways reported a $1.2 billion profit for the past fiscal year, ascribing its strong performance to December’s FIFA World Cup. In its report, Qatar Airways said that, throughout the 2022 World Cup, the company operated around 140,000 flights to bring more than 1.4 million people to Qatar.

Persons: Luis Gallego, Benjamin Smith, Akbar Al Baker, Michael O’Leary, – CNN’s Mostafa Salem, Pierre Meilhan Organizations: CNN — International, Qatar, International Airlines Group, Aer Lingus, British Airways, KLM Group, Amsterdam Schiphol Airport, Olympic, Paralympic Games, Air, Qatar Airways, KLM, FIFA, Ryanair, Europe’s Locations: AirFrance, Amsterdam, France, Air France, Qatar

MEXICO CITY, April 13 (Reuters) - The airport operating business in Mexico is thriving as traffic surges due to multinational companies bringing overseas operations closer to home and growth at Mexican airlines, according to the head of GAP, which operates 12 airports in the country. Manufacturing hubs such as Guadalajara have seen record traffic growth due to the relocation trend, called nearshoring, CEO Raul Revuelta told Reuters in an interview late Wednesday. "But it's also Mexican airlines, VivaAerobus, Volaris, Aeromexico, expanding their fleets, which allows them to open new routes and move more passengers." The downgrade has prevented Mexican airlines from opening new routes to the United States, limiting expansion plans. The passage of a proposed aviation reform by Mexico's Congress will be an important step, he added.

☆ The best credit card for each type of purchase
▼ + stars: | 2023-03-20 | by ( Jennifer Yellin | ) edition.cnn.com time to read: +17 min

Since every credit card earns a different amount of points on your common category purchases, the bonus points earned might persuade you to get one credit card over another. Fortunately, there’s a credit card out there for every type of purchase. Let’s check out some of the best credit card to use for all of your spend categories. Best credit cards for each category purchase in 2023While the cards listed here are some of our favorites for their respective categories, they might not be the best for your needs. American Express Gold Card: Best for restaurantsThe Amex Gold card earns 4 points per dollar at restaurants in the U.S. and abroad.

The Capital One Travel portal is an online travel platform that allows customers to book flights, hotels, and rental cars. Capital One credit cards that are eligible for the travel portalYou don't necessarily need a high-priced travel rewards credit card to use the Capital One Travel portal. Capital One miles value in the Capital One Travel portalCapital One miles are worth 1 cent each in the Capital One Travel Portal. How to book flights through the Capital One Travel portalYou can book flights with both domestic and international airlines through the Capital One travel portal. How to book hotels through the Capital One travel portalBooking hotels through Capital One Travel is similar to booking flights.

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