DIRS.INFO The most relevant business & tech news

☆ Thousands of planes have run into issues with jammed GPS signals while flying over Eastern Europe, and some people are blaming Russia
▼ + stars: | 2024-04-23 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

About 46,000 flights reported navigation problems flying over the Baltics during an eight-month period, The Sun reported. AdvertisementThousands of planes may have run into issues with jammed GPS signals, according to a report by British tabloid The Sun which suggests that Russia may be to blame. AdvertisementBoth The Sun and The Guardian reported that Russia is suspected of being involved in GPS jamming attacks. The frequency of instances of navigation problems rocketed from fewer than 50 a week last year to more than 350 a week last month, The Sun reported. But the CAA told The Independent that jamming and spoofing near conflict zones were often by-products of military activity, not deliberate actions.

Persons: —, Grant Shapps, Rishi Sunak, There's, Luc Tytgat, Glenn Bradley Organizations: Sun, Service, British, The Sun, European Union Aviation Safety Agency, Guardian, Wizz Air, Royal Air Force, CAA, Independent, UK Civil Aviation Authority, Ryanair Locations: Estonia, Latvia, Lithuania, Poland, Türkiye, Cyprus, Russia, GPSJAM.org, Sun, Baltic, Kaliningrad, Russian, Baltics, Eastern Europe, Ukraine

☆ Flights are still being disrupted and rerouted after Iran's attack on Israel. Here's what you need to know
▼ + stars: | 2024-04-16 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

British low-cost carrier easyJet on Tuesday said it was extending its suspension of Israel flights for the remainder of the summer season, until Oct. 27, and would refund customers due to fly. Rival Wizz Air resumed flights to Tel Aviv on Tuesday but said passengers may experience "schedule changes" and that it was monitoring the situation. Dutch airline KLM canceled flights to Israel until Apr. Air India said it had temporarily suspended flights to and from Tel Aviv and its Tuesday service was listed as canceled. Germany's Lufthansa Group said it had resumed flights to Tel Aviv, Amman and Erbil on Tuesday, but had canceled flights to Tehran and Beirut up until Thursday.

Organizations: Sunday, Wizz Air, KLM, Air, Germany's Lufthansa Group Locations: Ben Gurion, Iran, Tel Aviv, Israel, British, Air India, Amman, Erbil, Tehran, Beirut

☆ Dubai wants to build the biggest airport in the world. Here’s how that’s going
▼ + stars: | 2024-02-29 | by ( Miquel Ros | ) edition.cnn.com time to read: +9 min

To put that in perspective, that’s nearly 63 million more travelers than the world’s current busiest airport, Hartsfield–Jackson Atlanta International, handled in 2022 and nearly 100 million more than Dubai International. philipus/Alamy Stock PhotoThe recent Dubai Air Show, held at a purpose-built venue at Al Maktoum International Airport in 2023, offered some intriguing hints about what’s ahead for DWC – and some insights into Dubai Airports’ long-term strategy. “We have prioritized expansion and investments at DXB to meet our customers’ requirements and plans,” Paul Griffiths, Dubai Airports CEO, tells CNN. Changing the business modelNew artist renderings haven't been released in a decade, but Dubai Airports CEO Paul Griffiths says the team will soon be working on ambitious new designs. It will have capacity for 185 million passengers per year, or almost seven times the number it handled in 2022.

Persons: Al Maktoum, it‘ll, that’s, Hartsfield –, let’s, DWC, ’ Al Maktoum, DWC –, ” Paul Griffiths, ”, Griffiths, ” Griffiths, “, haven't, Paul Griffiths, “ We’re, Mohammed bin Rashid, Nadine Itani, Abu Dhabi’s, Foster Organizations: CNN, Al, Al Maktoum International Airport, Dubai World, Dubai Airports, Dubai International, Al Maktoum International, Hartsfield, Hartsfield – Jackson Atlanta International, Emirates Cargo, UAE, ‘, ’ Al Maktoum International, Dubai Air, Dubai, AFP, Traveller, Emirates, University of Surrey, Hamad International Airport, Kuwait International, Partners, Sharjah International Airport, Air, Riyadh Air Locations: Budapest, Al Maktoum, Dubai, Dubai’s, Eastern Europe, Russia, Central Asia, Emirates, England, India, Middle, Europe, Qatar, Muscat , Oman, Bahrain, Gulf, Kuwait, British, Sharjah, Saudi Arabia, Riyadh, Saudi

☆ FBI: 'Financial sextortion' of teens is a 'rapidly escalating threat.' How parents can protect their kids
▼ + stars: | 2024-02-01 | by ( Greg Iacurci | ) www.cnbc.com time to read: +6 min

Cavan Images | Cavan | Getty Images"Financial sextortion," a type of cybercrime that targets teens and tweens, is on the rise. "Sextortion is a rapidly escalating threat," FBI Director Christopher Wray told the Senate Judiciary Committee in December. Financial sextortion is the fastest-growing crime targeting children in North America and Australia, according to the Network Contagion Research Institute. Wealthy parents are more likely to be lenient about social media use. How to protect your kids from sextortion

Persons: Christopher Wray, Sen, Dick Durbin, Criminals, Tracy Kitten, Kitten, didn't, Oladosu, sextortion Organizations: Getty, FBI, Finance, Network, Research, Yahoo Boys, Meta, Strategy, U.S, YouTube Locations: Cavan, North America, Australia, African, U.S, Nigerian, bitcoin, sextortion

☆ Wizz, a Tinder-like app aimed at teenagers, removed from Apple App Store and Google Play
▼ + stars: | 2024-01-31 | by ( Ben Goggin | Lora Kolodny | ) www.cnbc.com time to read: +6 min

Wizz was removed from the Apple App Store and Google Play this week. Wizz, a social media app growing popular among teens in the U.S., was removed from the Apple app store and Google Play this week. A Google spokesperson said that the Wizz app was suspended from Google Play, the online store for Android apps, on Tuesday. "But if the app store doesn't continue to carry it, they cannot sustain, let alone grow, their user base." Wizz declined to say what steps it would take to try to get reinstated on the Apple App Store or Google Play.

Persons: Wizz, Goldman Sachs, Adam Sohn, Alex Goldenberg, Goldenberg Organizations: Apple, Google, National Center, Sexual, NBC News, Network, Research, FBI, Meta Locations: U.S, French, Miami, United States, North America, Australia

☆ Sextortion is fastest-growing crime targeting minors in North America – and social media companies can do more to stop it, study finds
▼ + stars: | 2024-01-27 | by ( Lora Kolodny | ) www.cnbc.com time to read: +11 min

NCRI, a nonprofit, found cybercriminals used the social apps Instagram, Snapchat and Wizz to find and connect with their marks. And social media platforms should include a distinct category to report sextortion — as Snapchat did in early 2023. Parents and educators should "combat the belief that photos sent on Snapchat disappear, which can create a false sense of security," the NCRI study recommends. The NCRI study also strongly criticized Wizz, concluding: "Sextortion on Wizz is pervasive and dangerous. Apple's App Store and Google Play can also help, the NCRI study suggested, by carefully monitoring complaints about sextortion associated with social media apps, and enforcing their existing policies.

Persons: cybercriminals, Wizz, Paul Raffile, Alex Goldenberg, TikTok, Scribd, sextortion, Snapchat, Goldenberg, screenshotted, General Raúl Torrez, Mark Zuckerberg, Meta, — Kevin Collier, Ben Goggin Organizations: Yahoo, Network, Research, FBI, Yahoo Boys, NBC News, CNBC, NBC, Secret Service, Facebook, YouTube, Meta, gov, National Center for Locations: North America, Australia, West Africa, Michigan, Wizz, New Mexico, U.S

☆ Wizz Air CEO says manufacturers and regulators 'need to do a better job' scrutinising new technology
▼ + stars: | 2024-01-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWizz Air CEO says manufacturers and regulators 'need to do a better job' scrutinising new technologyJózsef Váradi, CEO of European airline Wizz Air, discusses the broader industry and its third-quarter earnings.

Organizations: Wizz, Wizz Air

☆ Air Traffic Climbs at Israel's Tel Aviv Airport in 2023 but War Weighs
▼ + stars: | 2024-01-21 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

By Steven ScheerJERUSALEM (Reuters) - Air travel to and from Israel plunged in the last three months of 2023 amid the Israel-Hamas conflict, but the number of passengers travelling through Ben Gurion International Airport near Tel Aviv still rose 10% in 2023. The number of international travellers reached 21.1 million in 2023, up from 19.2 million in 2022, the Israel Airports Authority (IAA) said in a report on Sunday. But since then, traffic has plunged, culminating in a 78% drop in November and 71% dive in December, the IAA said. Ryanair was third with a 5.4% share, although its number of passengers dipped 12% in 2023. In 2023, 3 million tourists visited Israel, up from 2.7 million in 2022.

Persons: Steven Scheer JERUSALEM, Ben Gurion, Oz, Israel . Bar Oz, Steven Scheer, Bernadette Baum Organizations: Ben Gurion, Israel Airports Authority, Palestinian, Hamas, IAA, Al Israel Airlines, Ryanair, Israel ., Airlines, Lufthansa, Swiss, Tel Aviv . Air France Locations: Israel, Tel Aviv, Gaza, El Al, United States, York's JFK, France, Britain, Austrian, Aegean

☆ Budget airlines like Spirit and Ryanair make up almost a third of global airline capacity. Here's how they do business
▼ + stars: | 2023-12-20 | by ( Magdalena Petrova | ) www.cnbc.com time to read: +3 min

Budget airlines have become common, making a no-frills experience for travelers a core part of their business models. Budget airlines in Europe include EasyJet , Ryanair and Wizz Air, while Asia is served by players such as AirAsia and IndiGo . Some of South America's low budget airlines include JetSmart, GOL and Wingo. Budget airlines try to keep a close eye on their operational costs by maximizing time spent in the air and passenger volume. "You typically see pilot pay a little bit lower on Spirit and Frontier and some of the budget airlines compared to the full service airlines," Keyes said.

Persons: Scott Keyes, Savanthi Syth, Raymond James, Keyes Organizations: Southwest Airlines, Spirit Airlines, Budget, EasyJet, Ryanair, Wizz, AirAsia, IndiGo, CNBC Locations: U.S, Europe, Asia, GOL, Wingo

☆ Could 'carbon passports' that limit how much we travel be in our future?
▼ + stars: | 2023-12-05 | by ( Joey Hadden | ) www.businessinsider.com time to read: +7 min

A recent report on the future of travel includes the concept of a "carbon passport." One tour company is proposing a solution: a "carbon passport" that would limit how much carbon travelers could emit each year. "Carbon passports have taken that idea one step further" because they would involve tracking and limiting travel carbon emissions, specifically, Hawkins added. In reality, a carbon passport would be challenging to implementHawkins and Matt Berna, the president of Intrepid in the Americas, said they didn't see a carbon passport as a quick fix, though. To track your flight's carbon emissions, Berna suggests booking through Google Flights, which has included emissions levels since 2021.

Persons: Paloma Zapata —, Zapata, Alex Hawkins, Hawkins, Matt Berna, Berna, it's, Anna Abelson, Jonathan M, Thierry Monasse, there's Organizations: Future Laboratory, Intrepid, Environmental Protection Agency, Sustainable Travel International, Business, The, Laboratory, Tisch Center of Hospitality, New York University, Airlines, International Air Transport Association, Wizz, Google, European Environment Locations: Americas, Greece, Italy, Albania

☆ Wizz Air narrows profit forecast on difficult operating conditions
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

Wizz Air's aircraft is parked on the tarmac at Ferenc Liszt International Airport in Budapest, Hungary, August 18, 2022. REUTERS/Bernadett Szabo/File Photo Acquire Licensing RightsNov 9 (Reuters) - European budget carrier Wizz Air (WIZZ.L) on Thursday narrowed its annual profit forecast below analyst expectations, citing continuing macroeconomic uncertainty and difficult operating conditions. Wizz Air was also one of the main airlines hit by issues with RTX (RTX.N) engines this year and had said it would face a capacity reduction as a result. That knocked its net income guidance for the financial year to between 350 million euros and 400 million euros ($374.7 million to $428.2 million), down from 350 million to 450 million euros. The budget carrier posted operating profit of 522.9 million euros ($559.8 million) for the six months to Sept. 30, compared with a loss of 63.8 million euros a year earlier.

Persons: Wizz, Bernadett Szabo, Jozsef Varadi, Varadi, RTX, Joanna Plucinska, Yadarisa, Savio D'Souza, David Goodman Organizations: Ferenc Liszt International, REUTERS, Wizz, Aerospace, Thomson Locations: Budapest, Hungary, London, Bengaluru

☆ How European airlines have hedged against fuel price increases
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +5 min

Spot Northwest European jet fuel prices were at $950 per metric ton on Monday, up 4% from before the assault. They also try to hedge against value changes in the U.S. dollar, in which jet fuel is priced. JET2 (JET2.L):The British leisure travel company said in July it had 81.8% of fuel hedged over the next 12 months. Lufthansa has hedged 74% of the fuel it expects to need for 2024 at an average price of $951 per ton. WIZZ AIR (WIZZ.L):The Hungarian carrier said in June it had hedged 62% of its 2024 fuel needs and 53% of the dollars it needs for that fuel.

Persons: Toby Melville, Vueling, IAG, Camilla Borri, Louis van Boxel, Woolf, Marta Frąckowiak, Milla Nissi, Edwina Gibbs Organizations: Heathrow Airport, REUTERS, Brent, U.S ., AIR FRANCE, KLM, Reuters, British Airways, LUFTHANSA, Lufthansa, NORWEGIAN AIR, RYANAIR, SAS, Thomson Locations: London, Israel, Ukraine, Franco, Dutch, Iberia, NORWEGIAN, Norwegian, Gdansk

☆ UK stocks fall as real estate shares drop; economic data on tap
▼ + stars: | 2023-11-06 | by ( Shubham Batra | ) www.reuters.com time to read: +2 min

REUTERS/Toby Melville/File Photo Acquire Licensing RightsSummaryCompanies Real estate shares top losersMelrose surges after unit signs deal with GE AerospaceFTSE 100 down 0.1%, FTSE 250 off 0.4%Nov 6 (Reuters) - UK stocks inched lower on Monday led by a drop in shares of real estate investment trusts, while investors awaited key economic data to assess the strength of the British economy. The commodity-heavy FTSE 100 (.FTSE) edged 0.1% lower, while the mid-cap index FTSE 250 (.FTMC) fell 0.4% after logging its best week in a year on Friday. Shares of real estate investment trusts (.FTNMX351020) shed 1.2% after the index tracking real estate stocks rose sharply last week. Other economic data this week includes housing prices, construction and services activity for October. Reporting by Shubham Batra in Bengaluru; Editing by Varun H K and Eileen SorengOur Standards: The Thomson Reuters Trust Principles.

Persons: Toby Melville, Sanjay Raja, Andrew Bailey, Shubham Batra, Varun, Eileen Soreng Organizations: London Stock Exchange Group, City of, REUTERS, Real, Melrose, GE Aerospace FTSE, Aerospace, Melrose Industries, GKN Aerospace, GE Aerospace, Deutsche Bank, Bank of England, Wizz, Ryanair, JD Sports, Citigroup, Thomson Locations: City, City of London, Britain, Irish, Bengaluru

"Whenever we come up against Wizz, we tend to have significantly lower fares and have much lower costs," he said. As an example of the strategy, he cited Albania, where Ryanair plans to open 25 new routes this winter to take on Wizz (WIZZ.L) in its eastern European heartland. According to data analysis firm IBA, low-cost carriers have over 59% of the aviation market in Poland, up from 31% in 2021. He added that Buzz and Ryanair were mainly focused on regional airports, like Modlin outside Warsaw or Katowice near Krakow. Poland and eastern Europe's lighter regulatory requirements, lower environmental scrutiny and poor rail connections make them appealing markets by comparison.

Persons: Wizz, Michael O'Leary, Jozsef Varadi, Varadi, Jamie Lindsay, Michal Kaczmarzyk, Buzz, Dan Taylor, Kaczmarzyk, O'Leary, Tim Hepher, Mark Potter Organizations: Ryanair, WARSAW, Wizz Air, Reuters, Wizz, Artemis Investment, LLP, Chopin, IBA Insight, Thomson Locations: Poland, PRAGUE, Europe, Ireland, Italy, Albania, Hungary, Warsaw, Modlin, Katowice, Krakow, Polish, France, Ukraine, Poland's

☆ Luton Airport fire: All flights suspended at London hub following ‘significant’ blaze
▼ + stars: | 2023-10-11 | by ( Niamh Kennedy | Sharon Braithwaite | ) edition.cnn.com time to read: +2 min

London CNN —All flights have been suspended in London’s Luton Airport following the breakout of a “significant” fire in the airport’s Terminal 2 parking lot, the airport said in a statement on Wednesday. The airport said it would be closed until at least 3 p.m. local time, with passengers advised not to travel to the airport. “Crews have controlled and extinguished the fire at Luton Airport,” it said in a statement posted on X/Twitter. Efforts are still ongoing to extinguish a serious fire at Luton Airport. For anyone whose travel plans may be affected, please refer to the advice being provided by London Luton Airport.

Persons: “ Crews, Andy Hopkinson, Marcin Nowak, Shutterstock Hopkinson, Hopkinson, Tamara Hardingham, Gill Organizations: London CNN, . Bedfordshire, Rescue Service, Luton Airport, Luton DART, London Luton Airport, Airport, Wizz Air, Ryanair Locations: London’s Luton, ”, Bedfordshire, London

☆ 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

☆ London Luton Airport suspends flights after car park inferno
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +2 min

LONDON, Oct 11 (Reuters) - Britain's London Luton Airport suspended all flights until 1400 GMT on Wednesday after a car fire triggered a wider blaze that led to a partial collapse of one of its multi-storey car parks. There were no known fatalities in the fire, which was first reported to emergency services late on Tuesday evening. "Our priority remains supporting the emergency services and the safety of our passengers and staff. [1/5]Flames are seen as emergency services respond to a fire in Terminal Car Park 2 at London Luton airport in Luton, Britain, October 10, 2023. Britain's easyJet (EZJ.L), whose flights operate from Luton airport, said "airlines are currently experiencing some disruption to their flying programmes."

Persons: Peter Cziborra, Britain's, Baranjot Kaur, William James, Mrinmay Dey, Chris Reese, Sonali Paul, Kate Holton, Paul Sandle Organizations: Luton Airport, London, REUTERS, Civil Aviation Authority, Ryanair, Wizz, Thomson Locations: London Luton, Luton, Britain, Heathrow, Gatwick, Stansted, Manchester, Bengaluru, London

U.S. air carriers United Airlines (UAL.O) and American Airlines (AAL.O) suspended direct flights to Israel after the Federal Aviation Administration urged airlines to exercise caution. Many European airlines have also cancelled flights. Norwegian Air (NAS.OL) cancelled its flights from Copenhagen and Stockholm to Tel Aviv this week and Ryanair (RYA.I) cancelled flights through to Wednesday. Lufthansa (LHAG.DE), also among the airlines most exposed to Israel according to Goodbody, cancelled flights to and from Tel Aviv through Monday. Hainan Airlines (600221.SS), the only Chinese airline to fly between China and Israel, and other airlines flying from Hong Kong and South Korea cancelled flights to Tel Aviv.

Persons: We've, Matt Berna, Benjamin Netanyahu, Amir Cohen, Britain's, Goodbody, . Virgin Atlantic, IAG, Sharon Singleton, Rosalba O'Brien Organizations: Tel, United Airlines, American Airlines, Federal Aviation Administration, Delta Air Lines, El Al, Fighters, Tourism, Royal, Intrepid Travel, Regulators, FAA, European Union Aviation Safety Agency, Israeli, Ben Gurion International, REUTERS, Delta, Air, Portugal's TAP, Norwegian, Ryanair, Sunday, Wizz, Lufthansa, . Virgin, British Airways, Hainan Airlines, Reuters, Thomson Locations: Tel Aviv, Russia, Israel, Gaza, Israel's, Jerusalem, Americas, U.S, New York, Chicago, Washington, Miami, Lod, Europe, Air France, Copenhagen, Stockholm, Hungarian, China, Hong Kong, South Korea, Hainan, Beijing, Shenzhen, Cairo

On Sunday, U.S. air carriers United Airlines (UAL.O), Delta Air Lines (DAL.N) and American Airlines (AAL.O) suspended direct flights following the FAA's caution advisories. Britain's easyJet (EZJ.L) halted flights to Tel Aviv on Sunday and Monday, and said it would adjust the timings of flights over the next few days. Lufthansa (LHAG.DE) group, also among the airlines most exposed to Israel according to Goodbody, cancelled flights to and from Tel Aviv through Monday. Portugal's TAP suspended flights up until Monday and offered refunds or rescheduling at no additional cost. Hainan Airlines (600221.SS), the only Chinese airline to fly between China and Israel, and other airlines flying from Hong Kong and South Korea, cancelled flights between Tel Aviv and Shanghai on Monday.

Persons: Benjamin Netanyahu, Amir Cohen, Finland's, Britain's, Goodbody, Virgin Atlantic, IAG, Ben, Ben Gurion, Douglas Gillison, Sophie Yu, Farah Master, Joyce Lee, Brenda Goh, Tim Hepher, Ilona Wissenbach, Sergio Goncalves, Anna Ringstrom, Sarah Young, Joanna Plucinska, Clarence Fernandez, Bernadette Baum Organizations: Israeli, Ben Gurion International, REUTERS, El Al, Fighters, Tourism, Regulators, Federal Aviation Administration, European Union Aviation Safety Agency, Sunday, United Airlines, Delta Air Lines, American Airlines, Delta, Air, Wizz, Lufthansa, Portugal's TAP, Virgin, East . British Airways, Ryanair, flyDubai, Hainan Airlines, Thomson Locations: Lod, Israel, Tel Aviv, Gaza, Israel's, United States, U.S, New York, Chicago, Washington, DC, Miami, United, Europe, Air France, Hungarian, East, Ben Gurion, China, Hong Kong, South Korea, Shanghai, Beijing, Shenzhen, Lisbon, Stockholm, London

☆ 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

☆ Major airlines suspend flights to Tel Aviv after Hamas attack
▼ + stars: | 2023-10-09 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Major airlines have canceled flights to and from Tel Aviv. AdvertisementAdvertisementMajor airlines around the world have suspended flights to and from Tel Aviv after Palestinian militant group Hamas launched an unprecedented attack on Saturday and fired thousands of rockets into central and southern Israel, resulting in hundreds of casualties. American Airlines, United Airlines, Lufthansa, Virgin Atlantic, Wizz Air, EasyJet, Korean Air, and Cathay Pacific are among those who have canceled flights to Ben Gurion Airport in Tel Aviv – Israel's only international airport. Israeli Prime Minister Benjamin Netanyahu has since declared a state of war, and Israel has launched retaliatory attacks on Hamas. The following airlines have confirmed online or in statements to Insider that they have suspended flights to Tel Aviv:

Persons: Benjamin Netanyahu, —, Ben Gurion Organizations: Hamas, Saturday, Service, American Airlines, United Airlines, Lufthansa, Virgin Atlantic, Wizz, Korean Air, Cathay, Ben Gurion, Ben, FAA, British Airways, AL Airlines, Israel Defence Forces Locations: Tel Aviv, Palestinian, Israel, Korean, Cathay Pacific, Ben, San Francisco, Gaza, El Al

Air France-KLM has tended to let airlines it invests in keep their operations and branding. With the process still in its infancy, Air France-KLM has a chance to make a pitch to TAP now off the back of SAS. LONG FIGHT AHEADThere are remaining challenges for Air France-KLM as it looks to clear regulatory hurdles with SAS, including approval from American and European policymakers. Europe's airline industry has a history of cultural and political barriers to smooth integration, even within Air France-KLM itself. Air France-KLM is a member of the rival SkyTeam alliance.

Persons: Paris Charles de, Charles Platiau, IAG, James Halstead, Jacob Gronholt, Pedersen, Tim Hepher, Matt Scuffham, Sharon Singleton 私 Organizations: Air France Boeing, Paris Charles, REUTERS, France, KLM, TAP, TAP Portugal, Lufthansa, LONDON, Air, Scandinavia's SAS, Ryanair, Wizz, Air France, IAG, Tuesday's SAS, SAS, Star Alliance, Reuters, Apollo Global Management, Union Locations: Paris, Paris Charles de Gaulle, Roissy, France, LISBON, Air France, Europe, Air, Danish, Swedish, Spanish, Portugal, Northern Europe, TAP's, Portuguese, U.S, Lisbon, Porto, Iberia, South America

RTX said on Monday it would have to pull 600 to 700 of its Pratt & Whitney Geared Turbofan (GTF) engines from Airbus A320neo jets for quality inspections over the next three years. The engine issue was first disclosed in July, but RTX made the extent of the problem clearer on Monday. The announcement caused waves up and down the industry, from component manufacturers like Japan's Kawasaki Heavy Industries to airline carriers like Germany's Lufthansa that rely on the popular Airbus jets. In July, RTX said microscopic contaminants were found in a powdered metal used in high-pressure turbine discs that are part of the GTF engine's core. RTX is one of two manufacturers of engines for the popular narrowbody Airbus A320neo, the other being CFM International, a joint venture between GE (GE.N) and Safran (SAF.PA).

Persons: Benoit Tessier, RTX, Guillaume Faury, Ken Herbert, Japan's IHI, Safran, Valerie Insinna, Rajesh Kumar Singh, Abhijith, Aniruddha Ghosh, Mehr Bedi, David Gaffen, Arun Koyyur Organizations: Raytheon Technologies Corporation, International Paris Air, Le, REUTERS, Aerospace, Airbus, Pratt & Whitney, Washington D.C, Japan's Kawasaki Heavy Industries, Lufthansa, Raytheon, United Technologies, Capital, AIRLINES, HIT Aerospace, London, Melrose Industries, Kawasaki Heavy Industries, Aero, Air New Zealand, Singapore Airlines, Wizz, Airbus A320neo, CFM International, GE, Thomson Locations: Le Bourget, Paris, France, Washington, RTX, New Delhi, Bengaluru

☆ Air New Zealand sees 'significant' hit to flight schedule from RTX engine issue
▼ + stars: | 2023-09-11 | by ( Rajesh Kumar Singh | ) www.reuters.com time to read: +2 min

REUTERS/Loren Elliott(Reuters) -Air New Zealand on Tuesday warned that inspections of RTX’s Pratt & Whitney engines would have a “significant” impact on its flight schedule from next year. “This issue will further reduce engine availability and is expected to have a significant impact on the airline’s schedule from January 2024,” Air New Zealand said in a statement. Air New Zealand has 16 A320neo jets in its fleet of 106 aircraft, servicing Australia and the Pacific Island markets and, to a much lesser extent, the domestic market. Major customers that took delivery of affected A320neo jets include Spirit Airlines, JetBlue Airways, Hawaiian Airlines and Wizz Air, according to aviation data provider Cirium. Hungary’s Wizz Air, one of Europe’s largest lost-cost airlines, on Monday said its capacity could be reduced by 10% in the second half of 2024 as a result.

Persons: Loren Elliott, RTX’s Pratt, Greg Hayes Organizations: Air, Sydney Airport, REUTERS, Reuters, Zealand, Whitney, Airbus, ” Air, Air New, Pacific, Spirit Airlines, JetBlue Airways, Hawaiian Airlines, Wizz Locations: Zealand, Sydney, Australia, Air New Zealand

Visitor passes the Raytheon Technologies Corporation (RTX) logo at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 22, 2023. In July, RTX said a rare powder metal defect could lead to the cracking of some engine components and called for accelerated inspections affecting 200 engines by mid-September. Repair work that CEO Greg Hayes had initially expected would take 60 days is now projected to last up to 300 days per engine. An average of 350 jets could be grounded per year through 2026, with as many as 650 jets sitting idle in the first half of 2024. Disclosing higher-than-expected gross costs of $6-7 billion for dealing with the problem, RTX said it expected an up to $3.5 billion pre-tax hit to profits over the next several years.

Persons: Benoit Tessier, Pratt & Whitney, RTX, Greg Hayes, Safran, Hayes, Germany's, Robert Stallard, Valerie Insinna, Abhijith, Tim Hepher, Arun Koyyur, Nick Zieminski, Grant McCool Organizations: Raytheon Technologies Corporation, International Paris Air, Le, REUTERS, Pratt &, RTX Corp, Airbus, Pratt, Raytheon, GE, CFM, Boeing, Aero, Germany's Lufthansa, AIRBUS, U.S, Spirit Airlines, JetBlue Airways, Hawaiian Airlines, Jefferies, Vertical Research Partners, Thomson Locations: Le Bourget, Paris, France, Clayville , New York, Washington, Bengaluru

Search resuls for: "Wizz"

25 mentions found