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Rumours of airlines discussing a potential ban on vaccinated passengers due to blood clot risks appear to be baseless. “IATA is not aware of any airlines considering denying vaccinated passengers due to the blood clot risk,” Anaelle Ashong, Corporate Communications Assistant at IATA ( told Reuters via email. However, flying is not known to increase the vaccine-induced blood clot risk as flying can provoke a different type of blood clot, according to several health experts contacted by Reuters. There is no evidence that airlines met to discuss the blood clot risk for vaccinated passengers. Several medical experts told Reuters there is no evidence to show that flying increases vaccine-induced blood clot risk.
Persons: Anaelle, , Sue Pavord, Haematologist, ” Dr Gregory Poland, Read Organizations: International Air Transport Association, Reuters, “ Airlines, Johnson, AstraZeneca, Corporate Communications, U.S . Centers for Disease Control, Prevention, CDC, Oxford University Hospitals, British Society, Haematology, Mayo
Argentina says deal on re-opening beef exports may be close, talks continue
  + stars: | 2021-06-15 | by ( Maximilian Heath | ) sentiment -0.97   time to read: +2 min
FILE PHOTO: A cow is seen at a farm in Saladillo, on the outskirts of Buenos Aires, Argentina May 20, 2021. REUTERS/Agustin MarcarianBUENOS AIRES (Reuters) - Talks between Argentine policymakers and meat industry officials are on track to reach a deal on re-opening exports, officials said on Tuesday, days ahead of the expiration of the government’s month-long suspension of international shipments. Argentina, China’s second-biggest beef supplier after Brazil, halted exports for a month in mid-May as it grappled with runaway domestic inflation. “It is very possible that an agreement will be reached,” the source said. We want to cover both.”Argentine Production Minister Matias Kulfas told local television late on Monday that the government is “close to reaching an agreement on meat” that would free up exports.
Persons: Agustin Marcarian, China’s, Alberto Fernandez, Matias Kulfas Organizations: REUTERS, Reuters, packers, Argentine, United Locations: Saladillo, Buenos Aires, Argentina, Agustin Marcarian BUENOS AIRES, Brazil, Local, United States, United Nations
U.S. seeks $25.5 million fine from Air Canada over delayed refunds
  + stars: | 2021-06-15 | by ( ) sentiment -1.00   time to read: 1 min
Air Canada planes are parked at Toronto Pearson Airport in Mississauga, Ontario, Canada April 28, 2021. REUTERS/Carlos Osorio/File PhotoWASHINGTON, June 15 (Reuters) - The U.S. Transportation Department on Tuesday said it was seeking a $25.5 million fine from Air Canada (AC.TO) over the carrier’s failure to provide timely refunds to thousands of consumers who requested them for flights to or from the United States. The department said it filed a formal complaint with a U.S. administrative law judge over flights Air Canada canceled or significantly changed. The penalty is "intended to deter Air Canada and other carriers from committing similar violations in the future," the department said, adding Air Canada continued its no-refund policy in violation of U.S. law for more than a year. Reporting by David ShepardsonOur Standards: The Thomson Reuters Trust Principles.
Persons: Carlos Osorio, David Shepardson Organizations: Air Canada, Toronto Pearson Airport, REUTERS, WASHINGTON, U.S . Transportation Department, Air, Thomson Locations: Mississauga , Ontario, Canada, United States, Air Canada
(Reuters) - Lyft Inc said on Tuesday it will launch an electric vehicle rental pilot program for ride-hail drivers in a part of the San Francisco Bay Area in partnership with a local utility. FILE PHOTO: A Lyft logo is seen in the Driver Hub in Los Angeles, California, U.S., March 20, 2019. REUTERS/Lucy Nicholson/File PhotoThe EV rental program in San Mateo County south of San Francisco is scheduled to begin this fall. Lyft already offers EV rentals in Seattle, Atlanta and Denver, where drivers are able to rent Kia Niro and Chevy Bolt EVs. Peninsula Clean Energy CEO Jan Pepper in a statement said the San Mateo program might eventually lead to more drivers switching to EVs.
Persons: Lucy Nicholson, San Mateo, Lyft, Lyft’s, Kia Niro, Chevy Bolt, Jan Pepper Organizations: Reuters, Lyft, San Francisco Bay Area, REUTERS, Peninsula Clean Energy, Clean Energy, San, San Mateo, Uber Technologies Inc, U.S, California Air Resources Board, Uber Locations: San Francisco Bay, Los Angeles , California, U.S, San Mateo County, San Francisco, Seattle, Atlanta, Denver, . Utilities, United States, California
There are few places on Earth that crowdsource law enforcement services from regular folks. That was demonstrated Friday night when an unruly Delta passenger was subdued by others on board. Federal law regulates domestic and international flights, as do some international treaties, such as the Tokyo Convention. The Tokyo Convention applies only to international flights. It was ruled a homicide, but federal law enforcement declined to prosecute.
Persons: Vigilantism, isn't, , We're Organizations: Police, The Federal Aviation Administration, U.S . Capitol, Tokyo Convention, Aviation, Transportation, Southwest Airlines Locations: Al Qaeda, Pennsylvania, Tokyo, U.S
BRUSSELS—The U.S. and the European Union agreed to suspend their trade dispute over government subsidies to Boeing Co. and Airbus SE, significantly easing trade tensions amid a broader effort to improve trans-Atlantic relations. The agreement would suspend for five years tariffs that have been authorized by the World Trade Organization, U.S. Trade Representative Katherine Tai told reporters on Tuesday. Defusing the aircraft trade fight would mark a tangible achievement for his week of European diplomacy. Setting aside trans-Atlantic differences on the aviation dispute allows the allies to jointly focus on China. “Instead of fighting with one of our closest allies, we are finally coming together against a common threat,” Ms. Tai said.
Persons: Katherine Tai, ” Ms, Tai, Ursula von der Leyen, Ms, von der Leyen, Biden, kenzo tribouillard, Donald Trump, Antony Blinken, Gina Raimondo, Trump, WSJ’s Jaden Urbi, George Downs, — Paul Hannon, Daniel Michaels, Andrew Restuccia, Doug Cameron Organizations: European Union, Boeing Co, Airbus, World Trade Organization, . Trade, EU . European, Twitter, Biden, Agence France, Seven, Boeing, Street, EU, U.S, WTO, Delta Air Lines Inc, Ryanair Holdings PLC’s Boeing, MAX, Ryanair Locations: BRUSSELS, The U.S, Brussels, China, Russia, Iran, U.S, Washington, France, Germany, doug.cameron
WASHINGTON — Progressive Democrats working on a bipartisan infrastructure deal hardened their position on the legislation after tense talks Monday. Sen. Bernie Sanders, I-Vt., a member of the Senate Democrats' leadership team, came out against a bipartisan agreement Monday night after meeting with a bipartisan group of 10 senators. Ed Markey of Massachusetts and Jeff Merkley of Oregon have insisted that any deal must include action on climate change. That means the bipartisan group will need to secure more than 10 Republicans to get its proposal across the finish line. Republicans said it was part of the plan; Democrats said it wasn't.
Persons: Sen, Bernie Sanders, Sanders, Democratic Sens, Ed Markey, Jeff Merkley, Joe Biden, Shelley Moore Capito, Jon Tester, Mitt Romney Organizations: WASHINGTON —, Senate Democrats, Democratic, Massachusetts, Republicans, Republican, White House Locations: America, Oregon, R, Utah
Following are brief sketches of the candidates:EBRAHIM RAISI: Iran's hardline judiciary chief lost to Rouhani in 2017 and was sanctioned by the United States the following year for human rights abuses. Appointed by Khamenei, Jalili served as secretary of the Supreme National Security Council, for five years from 2007, a position that automatically made him chief negotiator on nuclear affairs. MOHSEN REZAEE : The secretary of Iran's Expediency Council, Rezaee was top commander of Iran's Revolutionary Guards who led the elite force during the eight-year Iran-Iraq war in the 1980s. MOHSEN MEHRALIZADEH: Former governor of Iran's Isfahan province, Mehralizadeh ranked last among seven candidates running in Iran's 2005 presidential election. AMIRHOSSEIN GHAZIZADEH-HASHEMI: A member of parliament since 2008, the hardline politician has promised to boost Iran’s battered economy.
Persons: Saeed Jalili ​ ​, Ayoub, Ayatollah Ali Khamenei, Hassan Rouhani, EBRAHIM RAISI, Raisi, Khamenei, Ruhollah Khomeini, SAEED JALILI, Holder, , Jalili, ABDOLNASER, MOHSEN REZAEE, Rezaee, MOHSEN MEHRALIZADEH, Mehralizadeh, Mohammad Khatami, ALIREZA, Zakani, AMIRHOSSEIN GHAZIZADEH, HASHEMI Organizations: West Asia News Agency, REUTERS, Western, Rouhani, United, Iran's, Experts, Iran's Revolutionary Guards Corps, Revolutionary Guards, Supreme National Security Council, Guardian Council, Iran's Central Bank, Islamic Republic of Iran Broadcasting, Central Insurance, Bank Melli Iran, Argentine, Rezaee, Buenos Aires Jewish, Guards, Thomson Locations: Tehran, Iran, United States, Washington, Astan Qods Razavi, Iraq, China, Islamic Republic, Lebanese, Buenos Aires, Iran's Isfahan
Good morning and welcome to your weekday morning roundup of the top stories you need to know. For more daily and weekly briefings, sign up for our newsletters here. What's going on today:
Airbus is weighing the development of a freighter version of its wide-body A350 aircraft, the European manufacturer's chief commercial officer said Tuesday, a move that could take on rival Boeing in the air cargo market. Rates surged after the virus and travel restrictions devastated passenger travel, taking airplane belly space out of the market, creating a supply crunch. Snarls at ports have also boosted demand for air cargo. "That has somewhat exacerbated the fact that the freighter market is underserved by Airbus today," Chief Commercial Officer Christian Scherer said on a webcast briefing. Please do so on the freighter market as well.'
Persons: Charles de, Christian Scherer, Scherer Organizations: Boeing Co, Air France, KLM, Airbus, Boeing, Air, International Air Transport Association, UPS, FedEx, Atlas Air Worldwide Holdings Locations: Los Angeles , U.S, Charles de Gaulle, Roissy, France
Emirates joins airlines’ high-loss club
  + stars: | 2021-06-15 | by ( ) sentiment -0.99   time to read: +1 min
An Emirates plane is seen at Lisbon’s airport in Portugal, June 24, 2016. The Gulf airline, owned by the government of Dubai, on Tuesday posted a $6 billion loss for 2020. Aggressive cost-cutting by Emirates’ state backers averted a worse financial disaster. For a state-owned company, the airline’s job-cutting zeal stands out. Strong unions and Berlin’s weak hand on the Lufthansa joystick, courtesy of a 9 billion euro government bailout, mean they’re not set in stone.
Persons: Rafael Marchante, Ed Cropley Organizations: REUTERS, Rafael Marchante Emirates, Gulf airline, London, International Airlines Group, British Airways, Air France, KLM, Deutsche Lufthansa, Emirates, Staff, Lufthansa Locations: Emirates, Portugal, Dubai, Singapore
U.S. and EU bury trade hatchet in China’s back
  + stars: | 2021-06-15 | by ( ) sentiment -0.65   time to read: +2 min
LONDON, June 15 (Reuters Breakingviews) - Shelving a 17-year spat over Boeing (BA.N) and Airbus (AIR.PA) subsidies speaks volumes about U.S. and European concerns over China. Tuesday’s agreement between Washington and Brussels stops short of a full-blown peace deal. Boeing’s 737 MAX problems opened a narrow window to state-backed Commercial Aircraft Corporation of China. The deal, announced during U.S. President Joe Biden’s first visit to Europe, puts more cement in the cracks opened in the transatlantic relationship by his predecessor. It also throws a lifeline to everything from the European cheese- to American suitcase-makers who faced retaliatory levies just as economies emerge from the pandemic.
Persons: Joe Biden’s, , Ed Cropley, George Hay, Karen Kwok Organizations: Airbus, Boeing, 51st Paris Air, LONDON, Reuters, Commercial Aircraft Corporation of China, Emirates Locations: Le Bourget, Paris, China, Washington, Brussels, Middle Kingdom, Europe, Singapore
The Amazon Air fleet also moves cargo for USPS, according to a recent Information report. We took a look inside one at the Paris Air Show, to see how Amazon gets your orders to you quickly. Amazon Air plans to continue to grow its footprint with a fleet of more than 85 planes, including 11 Boeing jets by the end of 2022. In 2019, Amazon began adding Boeing planes, which are older 737-800 planes that have been converted to carry cargo around the world. At the time, Insider took a look around a newly converted plane at the Paris Air Show, before it was delivered.
Organizations: Amazon, Amazon Air, USPS, Paris Air, US Postal Service, UPS, FedEx, Boeing Locations: Delta
The US Air Force has awarded Learjet a $464.8 million contract for six Bombardier Global 6000 jets. The jets are built for the corporate sector, but the Air Force will use them as flying communication nodes. This month, the United States Air Force awarded a $464.8 million contract to Learjet Inc. for six Bombardier Global 6000 jets. A US Air Force E-11A aircraft. Ryan S. Phaneuf, both assigned to the 430th Expeditionary Combat Squadron at Kandahar Airfield, AfghanistanBACN flying highA US Air Force E-11A aircraft.
Persons: Marie Wyant, Elizabeth Rosa, Michel Ouellette, Katherine Spessa, Paul K, Voss, Ryan S, Peter Suciu Organizations: US Air Force, Bombardier Global, Air Force, United States Air Force, Learjet Inc, Communications, Air Combat Command, Defense, Aerial Networks, Bombardier, Global, Aircraft, Engineering, Department of Defense, DoD, Air, Bombardier Global Express, 430th Expeditionary Combat, 94th, Northrop, Hanscom Air Force Base, Locations: United States, Afghanistan, Kandahar, U.S ., Massachusetts, Michigan
The Mr. Bennett I met with over the next three days in Buenos Aires was an engaged leader with a supple, sophisticated mind. My respect for Mr. Bennett the man grew even as my esteem for Mr. Bennett the politician waned. Two years later, in 2017, Mr. Yonah also saw the other side of Mr. Bennett. “He was charming, and deep,” Mr. Yonah told me last week, noting that Mr. Bennett had publicly apologized to him for the offensive ad. We discussed Aristotelian philosophy.” Mr. Yonah said he doesn’t believe that Mr. Bennett’s racist stance is genuine.
Persons: Bennett, Yossi Yonah, Yonah, , Mr, ” Mr, I’ve, Naftali Bennetts, Yohanan Plesner, Plesner, Lapid Organizations: Ben Gurion University, Mr, Israel Democracy Institute Locations: Buenos Aires
Hyundai, GM serious about 'flying car' efforts
  + stars: | 2021-06-14 | by ( Ben Klayman | Joseph White | ) + 0.00   time to read: +2 min
Other automakers developing flying cars either alone or with startups include Toyota Motor Corp, Daimler AG and China’s Geely Automobile Holdings. Morgan Stanley has estimated the total addressable market for urban air mobility could hit $1 trillion by 2040 and $9 trillion by 2050. In 2019, Hyundai, which has a dedicated Urban Air Mobility Division led by Jaiwon Shin, a former NASA engineer, pledged to invest about $1.5 billion in urban air mobility by 2025. Munoz said Hyundai sees its flying cars serving not only residential customers but also transporting commercial cargo. Hyundai does not want to sell flying cars as a simple transaction, but believes it can develop services around the vehicles, Munoz said.
Persons: Jonathan Ernst, Jose Munoz, Munoz, , ” Munoz, ” Pamela Fletcher, Morgan Stanley, Jaiwon Shin Organizations: DETROIT, Hyundai, Co, General Motors, South, North American, REUTERS, Reuters, Toyota Motor Corp, Daimler AG, China’s Geely Automobile Holdings, GM’s Global, , GM, Urban Air Mobility Division, NASA Locations: Detroit , Michigan, U.S, Hyundai North America
Here is the full transcript of the NBC News interview with Russian President Vladimir Putin, which took place in Moscow on June 11, 2021. VLADIMIR PUTIN: Well, I don't know. VLADIMIR PUTIN: —it conduc— it conducts—KEIR SIMMONS: Russia is—VLADIMIR PUTIN: It conducts exercises in that battlefield. KEIR SIMMONS: I don't— I don't— I don't think I heard you answer the question, the direct question— Mr. President. I don't think that anybody in the Syrian government is interested in stealing some part of this humanitarian assistance.
Persons: Vladimir Putin, Keir Simmons, KEIR SIMMONS, it's, VLADIMIR PUTIN, Biden, autocrats, I'm, What's, , Will, We're, We've, I've, Assad, he's, Let's, — VLADIMIR PUTIN, Trump, they're, One's, — KEIR SIMMONS, Colin Powell, Cybersecurity, Mr, Putin, Presi, Keir, You've, mut, Isn't, administr, Biden —, He'll, Alexei Navalny, Navalny, United States — KEIR SIMMONS, you'll, Alexei Navalny — VLADIMIR PUTIN, Alexei Navalny's, John McCain —, we're, Th, Ann — Anna Anna Politkovskaya, Alexander Litvinenko, Sergei Magnitsky, Boris Nemtsov, Mikhail Lesin —, Lesin, — Biden, Lukashenko, hasn't, — you've, Gorbachev, You’ve, nyah, Russia — Paul Whelan, Trevor Reed, Trevor Reed —, I'd, — shitfaced, It's, Yaroshenko, he'd —, he'd, They're, It's —, Rogozin, Andrea Mitchell —, Boris Yeltsin Organizations: NBC, NBC News, Iran, NATO, U.S, Foreign Ministry, Defense — Ministry, Pentagon, State Department of, , Senate, Treasury Department, Microsoft, America, International League of Sexual, Russian Federation, United, — Hollywood, Washington , D.C, Air Force, Bolivian, European Union, of Islamic Conference, U.S . State Department, Security, Russia, NASA, People's Liberation Army, China Locations: Moscow, American, , Russia, Iran, Tehran, Iraq, Yemen, Israel, Saudi Arabia, Europe, United States, U.S, Washington, Libya, Afghanistan, Syria, Helsinki, Trump, Soviet, Octo, America, Ukraine, USSR, United, — United States, Congress, Hollywood, — U.S, North, Russian, Washington ,, Belarus, Minsk, Bolivia, Vienna, Ukrainian, Donbas, Alaska, NATO, Eastern Europe, Saint Petersburg, China, Xinjiang, Soviet Union, Republic, Crimea, Taiwan, Idlib, Syrian Arab Republic, Turkey
Prime Peke! Wasabi the Pekingese wins Westminster dog show
  + stars: | 2021-06-14 | by ( The Associated Press | ) + 0.00   time to read: +5 min
TARRYTOWN, N.Y. — The flavor of the year at the Westminster Kennel Club dog show: Wasabi. A Pekingese named Wasabi won best in show Sunday night, notching a fifth-ever win for the unmistakable toy breed. The Pekingese dog "Wasabi" wins Best in Show at the 145th Annual Westminster Kennel Club Dog Show June 13, 2021, at the Lyndhurst Estate in Tarrytown, N.Y. Timothy A. Clary / AFP - Getty ImagesThe 3-year-old Pekingese, meanwhile, was “pretty nonchalant about the whole thing,” his handler said. She guided Jade’s father, CJ, to a 2016 Westminster best in show win — and lost him last September, when the 7-year-old died unexpectedly of a fungal infection. David Fitzpatrick holds his Pekingese "Wasabi" after winning the Best in Show at the 145th Westminster Kennel Club Dog Show at Lyndhurst Mansion in Tarrytown, N.Y., on June 13, 2021.
Persons: Wasabi, Bourbon, , David Fitzpatrick, Patricia Trotter, ” Fitzpatrick, Malachy, , Timothy A, Clary, Fitzpatrick, Iris Love, Sandra Middlebrooks, Peggy Steinman, , Mathew the, Connor, Jade, Striker, Valerie Nunes, Atkinson, CJ, He’s, Nunes, Jade “, Boy, Rebecca Cross, Mike Segar, Barry Bonds, Cheryl Dugan, didn’t, Rocky, ” Bonds, “ I’ve, I’ve, Bonds, Douglas Tighe, Pennie, Tighe, Kole Brown, Riley, Kurtis Brown, Samantha Brown Organizations: Westminster Kennel Club, American Kennel Club, Westminster, Westminster Kennel, Getty, Garden, AKC, 145th Westminster Kennel, Lyndhurst, Reuters, Fox Sports, Sunday, U.S . Air Force Locations: TARRYTOWN, N.Y, Wasabi nabbed, East Berlin , Pennsylvania, Lyndhurst, Tarrytown, AFP, COVID, Highland, New York City, Madison, Temecula , California, Thailand, Bangkok, Gettysburg , Pennsylvania, Westminster, Brittany, Hope , New Jersey, U.S, San Antonio , Texas
"Look, such decisions in this country are not made by the president," Putin said. Then-Vice President Joe Biden shakes hands with Vladimir Putin in Moscow in March 2011. Asked what he thought of Biden, Putin said he was a professional and suggested that he could work with him. Then President Donald Trump meets with Russian President Vladimir Putin in Helsinki on July 16, 2018. "You are presenting it as dissent and intolerance towards dissent in Russia," Putin said.
Persons: Vladimir Putin, Alexei Navalny, Putin, Putin's, Joe Biden, Navalny, Biden, cybercrime, Donald Trump, Alexei Druzhinin, Kevin Lamarque, Trump, I'm, Mike Pence, Ashli Babbitt, Babbitt, Nancy Pelosi's, Trevor Reed, Paul Whelan, Antony Blinken, Reed, Whelan, , Alexander Lukashenko, Alexander Natruskin, Keir Simmons, Matt Bodner, Tatyana Chistikova, Yuliya Talmazan, Laura Saravia, Corky Siemaszko Organizations: NBC News, Kremlin, NBC Nightly, MSNBC, U.S, Sunday, NBC, ., Washington, Capitol, Trump, Post, Biden's, Capitol Police, Air Force, FBI, Russian, Marines, Russia, International, NATO Locations: MOSCOW, Geneva, Russia, Crimea, Moscow, U.S, Libya, Afghanistan, Syria, Washington, China, Helsinki, Iran, Tehran, Iraq, Michigan, Belarus, Minsk, Ukrainian, Russian, Alaska, London, New York City
During exercises in Europe this spring, US forces worked on new ways to get equipment and supplies troops in the field. Those new approaches are part of a broader effort to improve NATO's ability to reinforce and resupply units across Europe. In recent weeks, US troops on opposite sides of Europe have used new ways to get equipment and supplies to troops in forward locations, reflecting NATO's increased focus on mobility amid heightened tensions with Russia. USNS Bob Hope off the coast of Durres, Albania, before the theater opening exercise for Defender-Europe 21, April 26, 2021. US military vehicles in port at Durres, Albania, await deployment to troops for Defender-Europe 21, May 1, 2021.
Persons: Bob Hope, Elizabeth O, Bryson, Stephen Lyons, Lyons, Christopher Case, Dustin D, Tod Wolters, Andrew Waters, Wolters Organizations: US Army, Army National, Stryker Brigade, NATO, Army, Staff, US Military Sealift Command, US sealift, Defender, US Transportation Command, Military Sealift Command, Transportation Command, Hudson Institute, US, Spc, US Air Force, NATO's, Allied, US European Command, US Navy, Benavidez, Air, Atlantic Council Locations: Europe, Russia, Esbjerg, Denmark, Poland, Danish, Durres, Albania, Antwerp, Belgium, Crimea, NATO, Western Europe, Germany, Norfolk , Virginia, Ulm, Vella Gulf
U.S. President Joe Biden walks with National Security Advisor Jake Sullivan as he arrives for the final session of the G7 summit in Carbis Bay, Cornwall, Britain, June 13, 2021. Doug Mills/Pool via REUTERSWhite House national security adviser Jake Sullivan said on Sunday G7 leaders rallied around the need to “counter and compete” with China on challenges ranging from safeguarding democracy to the technology race. "Words like counter and compete were words coming out of the mouths of every leader in the room, not just Joe Biden," he said. G7 leaders also sought to counter China's growing influence by offering developing countries an infrastructure plan that could rival Beijing's Belt and Road Initiative by supporting projects such as railways in Africa and wind farms in Asia. It says many major powers are still gripped by an outdated imperial mindset after years of humiliating China.
Persons: Joe Biden, Jake Sullivan, Doug Mills, Sullivan Organizations: National Security, White House, Sunday, Air Force, Thomson Locations: Carbis Bay, Cornwall, Britain, China, Brussels, Xinjiang, Hong Kong, Africa, Asia, Beijing
Norway wealth fund to vote for shareholder climate initiative at Delta Air AGM
  + stars: | 2021-06-14 | by ( ) sentiment -0.96   time to read: 1 min
A Delta Air Lines Airbus A350-900 plane takes off from Sydney Airport in Sydney, Australia, October 28, 2020. REUTERS/Loren Elliott/File PhotoNorway's $1.4 trillion sovereign wealth fund, the world's largest, said on Monday it would support a shareholder initiative to make Delta Air (DAL.N) report on its climate lobbying efforts. The fund will support the motion at the airline's June 17 annual general meeting, despite the management's recommendation to reject it. "The board should account for material sustainability risks facing the company, and the broader environmental and social consequences of its operations and products," the fund said on its website. The Norwegian sovereign wealth fund had a 0.3% stake in Delta Air worth $77.9 million at the end of 2020, according to fund data.
Persons: Loren Elliott Organizations: Delta Air Lines Airbus, Sydney Airport, REUTERS, Delta Air, Thomson Locations: Sydney, Australia, Norwegian
Areas of Mexico facing extreme or exceptional drought conditions have increased due to lack of rain. To combat the prolonged drought, Mexico's air force has been assigned a new mission: seeding clouds. The Mexican air force has been assigned a new mission: seeding clouds in an effort to combat the prolonged drought. However, areas facing extreme or exceptional drought conditions — located in Sonora, Chihuahua, Sinaloa, Durango, Nayarit, Colima and Michoacán — increased due to a shortage of rain. "We always need adequate weather conditions.
Persons: Guadalupe Rojas, Francisco Ramírez Organizations: Ministry of Agriculture, Air Locations: Mexico, Sonora, Chihuahua, Sinaloa, Durango, Nayarit, Colima, Michoacán, San Quintín, Baja California, Nuevo León, Coahuila, León, Milenio
Airline stocks have soared. They're not in the clear yet
  + stars: | 2021-06-14 | by ( Julia Horowitz | Cnn Business | ) + 0.00   time to read: +6 min
A version of this story first appeared in CNN Business' Before the Bell newsletter. You can sign up right hereLondon (CNN Business) Air travel in the United States is back. That's great news for airline stocks, which have rallied this year on hopes that domestic trips would make a return. The problem: Demand for business travel and long-haul flights, a crucial source of income, is still extremely depressed. What a difference a year makes, my CNN Business colleague Chris Isidore writes.
Persons: Darby LaJoye, months.has, American Airlines AAL, Ed Bastian, Bastian, Boris Johnson, Johnson, Joe Biden, Tesla, Elon Musk, bitcoin, Bitcoin, Musk, There's, General Motors GM Mary Barra, Chris Isidore, Morgan Stanley Organizations: CNN Business, Bell, Air, Transportation Security Administration, TSA, American Airlines, Brent, Easyjet, British Airways, IAG, Budget, Bank of America, GM, General Motors GM, Volkswagen Locations: London, United States, COVID, Europe, India, England, United Kingdom, China, Czech Republic, Qatar, Italy, Saudi Arabia, Barra
Ryanair, Europe's largest budget airline, is expanding to more than 100 domestic routes this summer from 60 before the pandemic. It could move ahead of Alitalia on its home turf in the second quarter, according to consulting firm AlixPartners. "We are now moving to the next level" in Italy, by building outbound bases and moving into the "very significant" domestic market, Wizz Air CEO Jozsef Varadi told Reuters. Wizz is set to grow from zero to 10% of the domestic market this summer, AlixPartners said. "Since they have no competitors, the low-cost airlines do what they want," said Franco Gattinoni, chairman of major Italian travel firm Gattinoni.
Persons: Kacper, AlixPartners, Jozsef Varadi, Franco Gattinoni, Gattinoni, Eddie Wilson, Wilson, Michele Mauri, James Halstead, Fabio Lazzerini, Davy Stockbrokers, Stephen Furlong, Furlong Organizations: Air Airbus, London Luton Airport, REUTERS, Alitalia, Ryanair, Italia, European Commission, Wizz, Reuters, Air, Lufthansa, Ryanair DAC, Ryanair Group, AlixPartners, Aviation, ITA, Thomson Locations: Luton, Britain, Rome, Italy, Milan, EU, Italian, AlixPartners Italy, Europe
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