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Air Europa, which will maintain its brand but will be managed by Iberia, owns 50 planes and has a further 15 on order, the company said. It said the first 200 million euros will be paid once the deal gets the go-ahead from antitrust authorities. Another 100 million euros will be paid in IAG shares while the final 100 million euros will be paid in cash. As the pandemic tipped the airline industry into crisis, hitting Air Europa particularly hard, shareholders in both companies agreed to cut the deal's price tag to 500 million euros. Negotiations had all but ground to a halt until March 2022 when IAG agreed to grant Air Europa a 100 million-euro loan convertible into a 20% stake.
Marriott Bonvoy Bold Credit Card Review
  + stars: | 2023-02-09 | by ( Jasmin Baron | Read More | Read Less | ) www.businessinsider.com   time to read: +31 min
Read our review Read Our Review A looong arrow, pointing rightThe Marriott Bonvoy Bold® Credit Card comes with an increased limited-time welcome bonus and good perks for a no-annual-fee card, but unless paying an annual fee is a dealbreaker for you, other Marriott cards — like the Marriott Bonvoy Boundless® Credit Card, Marriott Bonvoy Brilliant® American Express® Card, or Marriott Bonvoy Business® American Express® Card — are a better deal. Review: Is the Marriott Bonvoy Bold Credit Card the Best Credit Card for You? How to Earn Points With the Marriott Bonvoy Bold Credit CardThe Marriott Bonvoy Bold® Credit Card doesn't have as generous an earning structure as other Marriott credit cards, but you'll still have the opportunity to earn bonus points when you travel. Generally, the Marriott Bonvoy Bold® Credit Card requires a good to excellent credit score to be eligible, which means a FICO score of at least 670.Who is eligible for the Marriott Bonvoy Bold? You're also not eligible if you already have a Marriott Bonvoy Bold® Credit Card, Marriott Bonvoy Boundless® Credit Card, or Marriott Bonvoy® Premier credit card (not available to new applicants) open, or earned the welcome bonus from one in the past 24 months.
Factbox: Who is Ukrainian billionaire Ihor Kolomoiskiy?
  + stars: | 2023-02-01 | by ( ) www.reuters.com   time to read: +3 min
[1/2] Ukrainian business tycoon Ihor Kolomoiskiy speaks with journalists on the sidelines of the Yalta European Strategy (YES) annual meeting in Kyiv, Ukraine September 13, 2019. REUTERS/Valentyn OgirenkoKYIV, Feb 1 (Reuters) - Ukrainian law enforcement and security officials searched the home of billionaire businessman Ihor Kolomoiskiy on Wednesday. EARLY LIFEKolomoiskiy was born in the central Ukrainian city of Dnipropetrovsk, which was then part of the Soviet Union and is now known as Dnipro. SANCTIONSThe United States imposed travel sanctions on Kolomoiskiy in 2021 "due to his involvement in significant corruption", partly while serving as governor of Dnipropetrovsk. U.S. authorities have also alleged that Kolomoiskiy and a business partner laundered stolen funds through the United States.
Two Americans and two permanent residents living in the United States were among the 72 people killed after a plane crashed in Nepal over the weekend, the State Department said. Price did not identify or provide any further details on the two U.S. citizens and permanent residents killed in the crash. On Wednesday, the French Embassy in Nepal said France had dispatched a team of aviation experts to assist the Civil Aviation Authority of Nepal at the site of the crash. Sunday's crash was the deadliest Nepal has seen since 1992, when all 167 people on board a Pakistan International Airlines plane were killed when the aircraft struck a hill as it tried to land in Kathmandu. Since 2000, nearly 350 people have died in plane or helicopter crashes in Nepal.
At least 16 killed in Nepal's worst air crash in 30 years
  + stars: | 2023-01-15 | by ( ) www.cnbc.com   time to read: +1 min
Rescuers and onlookers gather at the site of a plane crash in Pokhara on January 15, 2023. An aircraft with 72 people on board crashed in Nepal on January 15, Yeti Airlines and a local official said. At least 16 people were killed on Sunday when an aircraft crashed in western Nepal's Pokhara, an army spokesman said, in the small Himalayan country's worst crash in more than 30 years. Yeti Airlines has a fleet of six ATR72-500 planes, according to its website. Nepal Prime Minister Pushpa Kamal Dahal has called an emergency cabinet meeting after the plane crash, a government statement said.
How to earn Alaska Airlines milesThere are two types of Alaska miles: Elite-qualifying miles and redeemable miles. Earn Alaska miles for car rentalsYou can opt-in to earn Alaska miles when you rent cars through Alamo, Avis, Budget, Dollar, Hertz, National, or Thrifty. Redeem Alaska miles for domestic flightsOne of the most popular ways to redeem Alaska miles is for domestic award flights on Alaska and its partner American Airlines. Redeem Alaska miles for flights on partner airlinesUsing Alaska Airlines miles for award flights on partner airlines is perhaps the best way to use your Alaska miles. Donate Alaska Airlines miles to charityYou can donate your Alaska miles to over a dozen different charities, in 1,000-mile increments, and with no maximums or fees.
REUTERS/Octavio JonesWASHINGTON, Jan 9 (Reuters) - The U.S. Federal Aviation Administration (FAA) said Monday it is proposing a requirement that passenger and cargo aircraft in the United States have 5G C-Band-tolerant radio altimeters or install approved filters by early 2024. The proposed airworthiness directive, which would take effect in February 2024, is similar to one that took effect in December 2021, prohibiting passenger and cargo flight operations in the vicinity of 5G C-Band wireless transmitters unless the FAA specifically approved them. Some international airlines have privately expressed reluctance to install filters absent a legal requirement from the FAA, officials told Reuters. FAA acting Administrator Billy Nolen in October sought a delay in some 5G C-Band transmissions from smaller operators over aviation safety concerns. A deal struck shortly before a 2022 deadline did not prevent dozens of foreign carriers from canceling international flights to the United States.
Lufthansa declined to comment on Rome's decision to offer an initial minority stake. Some of Italy's politicians consider ITA as the heir to cultural icon Alitalia, which they want to preserve. Some also say that ITA does not have to worry so much about losing its national identity should Lufthansa take over. The Certares-led alliance was willing to pay 350 million euros for a 50% stake plus one share of the state-controlled airline, sources had said. ($1 = 0.9412 euros)Reporting by Angelo Amante in Rome and Joanna Plucinska in London; additional reporting by Giuseppe Fonte in Rome.
Thankfully, there are a few ways to get around those extra fees, with more airlines offering passengers access to free Wi-Fi than ever before. Hawaiian Airlines is also planning to launch free in-flight Wi-Fi in 2023 thanks to its partnership with SpaceX's SkyLink. American Airlines also seems to be testing out free Wi-Fi on many of its aircraft that are equipped with Viasat — as part of an ongoing trial, passengers who opt to watch a sponsored video can access 30 minutes of Wi-Fi free of charge. Some international carriers offer free Wi-Fi, but with certain stipulations. Then, choose the airline's Wi-Fi network and login on the Wi-Fi homepage using your T-Mobile or Sprint phone number.
One way to ease the blow to your wallet or purse is by using frequent-flyer miles. So we calculated how much a frequent-flyer mile is worth by dividing the number of frequent-flyer miles needed by the ticket price. We found the best time to spend your frequent-flyer miles for Thanksgiving travel was to book during the first week of October, which was about eight weeks out. The best day to flyAs for what's the best day on which to travel to get the most from your miles, there are two answers. If you haven't booked flights yet, you may be too late to find the best value in frequent-flyer miles.
In its second profit upgrade in six weeks, the carrier expects first-half underlying profit before tax between A$1.35 billion and A$1.45 billion ($898.02 million and $964.54 million), above prior expectation of between A$1.2 billion and A$1.3 billion. Analysts at UBS in a note said "strong demand plus Qantas' strategy to focus on profitability rather than growth will support earnings momentum into FY24". Qantas now also expects its net debt to be between A$2.3 billion and A$2.5 billion by 2022 end, A$900 million lower than its previous estimate. "Low levels of net debt put the board in a position to consider future shareholder returns in February 2023," the airline said, adding 76% of the A$400 million share buyback program announced in August has been completed. UBS expects Qantas to announce additional share buy-backs of A$300 million in second-half of fiscal 2023 and A$500 million in fiscal 2024.
Hong Kong (CNN Business) International airlines are scrambling to add more flights to Hong Kong as the city ends two and a half years of quarantine measures , leading to a surge in demand for travel. This will absolutely increase the demand for travel to and from Hong Kong," Christoph Meyer, Lufthansa's general manager of sales for Hong Kong, Macao and South China, said in a statement. International Air Transport Association Director General Willie Walsh said last week that China's zero-Covid policy had "devastated" Hong Kong. Friday's news puts Hong Kong back on "the right track," said Dr. Kam Hung Ng, assistant professor of aviation engineering at the Hong Kong Polytechnic University. He told CNN Business that Hong Kong still had advantages that could allow its aviation industry to recover to pre-pandemic levels, "or even more."
Hong Kong CNN Business —International airlines are scrambling to add more flights to Hong Kong as the city ends two and a half years of quarantine measures, leading to a surge in demand for travel. “As Hong Kong’s home airline, we are fully committed to rebuilding the connectivity of the Hong Kong aviation hub,” it said in a statement. This will absolutely increase the demand for travel to and from Hong Kong,” Christoph Meyer, Lufthansa’s general manager of sales for Hong Kong, Macao and South China, said in a statement. International Air Transport Association Director General Willie Walsh said last week that China’s zero-Covid policy had “devastated” Hong Kong. Friday’s news puts Hong Kong back on “the right track,” said Dr. Kam Hung Ng, assistant professor of aviation engineering at the Hong Kong Polytechnic University.
Read our review Read Our Review A looong arrow, pointing rightThe Marriott Bonvoy Bold® Credit Card comes with a decent welcome bonus and perks for a no-annual-fee card, but unless paying an annual fee is a dealbreaker for you, other Marriott cards — like the Marriott Bonvoy Boundless® Credit Card, Marriott Bonvoy Brilliant™ American Express® Card, or Marriott Bonvoy Business® American Express® Card — are a better deal. The Marriott Bonvoy Bold® Credit Card is one of six Marriott credit cards currently available to new applicants, and it's the only version that doesn't charge an annual fee. For most folks who stay with Marriott, even occasionally, the Marriott Bonvoy Boundless® Credit Card and Marriott Bonvoy Business® American Express® Card are a better deal. Generally, the Marriott Bonvoy Bold® Credit Card requires a good to excellent credit score to be eligible, which means a FICO score of at least 670.Who is eligible for the Marriott Bonvoy Bold? You're also not eligible if you already have a Marriott Bonvoy Bold® Credit Card, Marriott Bonvoy Boundless® Credit Card, or Marriott Bonvoy® Premier credit card (not available to new applicants) open, or earned the welcome bonus from one in the past 24 months.
Compare the Sapphire Preferred and Venture Rewards Chase Sapphire Preferred® CardCapital One Venture Rewards Credit Card Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. The Capital One Venture Rewards Credit Card is better for those looking for really easy and flexible redemptions. Note that credit card lenders may use many different variations of credit score models when considering your application. Chase Sapphire Preferred and Capital One Venture benefits comparisonBoth the Chase Sapphire Preferred and Capital One Venture Rewards Credit Card come with no foreign transaction fees and a wide range of travel and purchase coverage. The Capital One Venture Rewards Credit Card comes with travel accident insurance, secondary car rental insurance, travel emergency assistance, and extended warranty on eligible purchases.
British Airways is onboard with Bilt Rewards as its 10th airline transfer partner. Now there's another reason to consider joining Bilt Rewards and opening the Bilt Mastercard® — it's just added British Airways Executive Club as its 10th airline transfer partner. The addition of these partners makes Bilt Rewards points even more flexible if you want to use them for travel. With the addition of British Airways, Aer Lingus, and Iberia, Bilt Rewards now has 14 airline and hotel partners:Why transfer Bilt Rewards points to Avios? You'll typically get the most from Bilt points by transferring them to airline and hotel partners for award travel — in fact, that's why Insider values Bilt points as worth 1.65 cents each, on average.
I've personally only ever flown with British Airways two or three times in my life, but I've used British Airways Avios to save thousands of dollars on flights in every corner of the world. While each program has its own Avios with its own set of pros and cons, you can assume that we're talking about British Airways Avios in this post unless I specify otherwise. British Airways Avios are worth, on average, 1.3 cents each based on Insider's points and miles valuations — but the exact value you'll get depends on how and where you redeem your points. 10% off British Airways flights starting in the US when you book through the website provided in your welcome materials. Earn Avios with British Airways shopping, dining, and travel partnersBritish Airways makes it easy to earn bonus Avios on a wide range of purchases even when you aren't flying.
Guvernul Canadei învinuiește imprudența iraniană pentru doborârea în anul 2020 a zborului 752 al Ukraine International Airlines. Raportul evidențiază nesăbuința, incompetența și lipsa de respect a autorităților iraniene față de viața umană. De asemenea, concluzionează că relatarea oficială a Iranului asupra evenimentelor este nedefinită, înșelătoare, superficială și ignoră în mod deliberat factorii cheie”. „Totalitatea informațiilor disponibile determină echipa criminalistică să concluzioneze că Iranul a urmărit mai multe ținte, dar nu a putut face diferența între avioanele de pasageri și amenințările legitime. Toți cei 176 de pasageri și echipajul au decedat.
Persons: Jeff Yaworski, Justin Trudeau, Marc Garneau, Omar Alghabra, Canadei Organizations: International Airlines, canadiană, Canadei, Transporturilor, Revoluționare Locations: Canadei, Iranului, Teheran, iranian, Kiev
(foto) Cernobîl – atracție turistică după 35 de ani de la cel mai grav accident nuclear din istorie. Turiștii au șansa de a survola zonaLa 35 de ani de la cel mai grav accident nuclear din istorie, turiștii au ocazia de a zbura timp de 90 de minute deasupra Cernobîlului. De asemenea, când te uiţi de sus la locurile acestea, îţi imaginezi că eşti acolo”, a declarat unul dintre pasageri. Înainte de pandemia de coronavirus, popularitatea zonei a crescut în rândul turiştilor datorită serialului HBO „Cernobîl”, lansat în 2019. Pentru pilotul Evhen Neciporenko, zborurile deasupra Cernobîlului îi aduc aminte de copilărie, când îşi petrecea vacanţele de vară în apropierea acestei zone.
Persons: îşi Organizations: AGERPRES, Ukraine International Airlines, UNESCO, HBO Locations: Ucraina, Kiev, sovietică
Compania japoneză NEC, care dezvoltă sisteme de recunoaștere facială, a lansat unul care poate identifica oamenii chiar și atunci când poartă măști, cu atât mai necesar în contextul pandemiei care impune purtarea măștilor sanitare. Firma tehnologică lucrase deja la un sistem care să răspundă nevoilor persoanelor alergice care poartă măști - o practică obișnuită în Japonia - când pandemia COVID-19 a determinat-o să accelereze dezvoltarea. Sistemul analizează părțile feței care nu sunt acoperite, cum ar fi ochii, fruntea, pentru a verifica identitatea persoanei. Verificarea durează mai puțin de o secundă și are o rată de precizie mai mare de 99,9%, spune NEC. Noul sistem a fost pus în vânzare în octombrie, iar printre clienți se numără Lufthansa și Swiss International Airlines.
Persons: Reuters Organizations: japoneză NEC, NEC, Lufthansa, Swiss International Airlines Locations: japoneză, Japonia
„Multe dintre detaliile cheie ale acestui eveniment îngrozitor rămân necunoscute”, a scris Ralph Goodale, unul dintre consilierii guvernului de la Ottawa. Canada solicită despăgubiri de la Iran, inclusiv compensaţii pentru rudele apropiate ale victimelor, o contabilitate completă a ceea ce s-a întâmplat şi scuze oficiale. Iniţial Iranul a dat vina pentru prăbuşire pe o problemă tehnică, dar apoi a recunoscut că a doborât neintenţionat avionul pe fondul tensiunilor crescute cu forţele americane în Irakul vecin. Pasagerii erau din Ucraina, Iran, Canada, Afganistan, Marea Britanie şi Suedia. Un total de 138 aveau legături cu Canada.
Persons: Ralph Goodale Organizations: Agerpres, International Airlines Locations: Ottawa, Canadei, Canada, Iran, prăbuşirea, Ucraina, Afganistan, Britanie, Suedia
10 oldest airlines in the world
  + stars: | 2019-03-04 | by ( Miquel Ros | ) edition.cnn.com   time to read: +12 min
Here are 10 of the oldest airlines in the world still in operation. Pan American World Airways subsequently acquired a controlling stake in the company. Qantas was nationalized by the Australian government after World War II and reprivatized in the ’90s. After World War II, Aeroflot became the largest airline in the world, as air travel was often the only means of transportation available to bridge the vast expanses of the Soviet Union. Czech Airlines (CSA)Czech Airlines, the national airline of the Czech Republic.
Persons: Avianca, JUAN MABROMATA, SCADTA, Stanislav Sergeev, MICHAL CIZEK, Finnair, DANIEL SLIM, ANDREJ ISAKOVIC, Jat, Jasper Juinen, Dan Kitwood Organizations: CNN, Finnair, Czech Airlines, KLM, Passengers, Dutch, Havilland DH, Croydon Airport, Junkers F13, Pan American World Airways, SCADTA, Servicio, Qantas, Northern Territory Aerial Services, Avro, Aeroflot Aeroflot, Junkers, Aeroflot, Concorde, Communist, BOAC, CSA, Eastern Bloc, Prague City Air, DC, Delta Air Lines, AFP, Delta, Pan, Northwest Airlines, Air Serbia Air Serbia, Aeroput, Jat Airways, Etihad, Air Serbia, British Airways, Qatar Airways, International Airlines Group, British Airways British Airways, British Overseas Airways Corporation, British European Airways, Cambrian Airways, Northeast Airlines Locations: Finnish, Czech, Amsterdam, Batavia, Jakarta, New York, Colombia, AFP, Barranquilla, Germany, Colombian, SACO, Latin America, Australia, Queensland, Northern Australia, Asia, Pacific, Soviet, Moscow, Nizhny Novgorod, Russian, Soviet Union, Cuba, Murmansk, Russia, Czech Republic, Czechoslovakia, CSA, Prague, Americas, Africa, East, West Germany, Finland, Tokyo, Europe, China, East Coast, Middle, Serbia, Yugoslavia, Serbian, Air, Iberia, Madrid, Barcelona, South America, London, Paris, Devonshire
Total: 22