DIRS.INFO The most relevant business & tech news

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

☆ Several airlines suspend Tel Aviv flights until safety conditions improve
▼ + stars: | 2023-10-08 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Amir Cohen/File Photo Acquire Licensing RightsOct 9 (Reuters) - Several international air carriers have suspended flight services with Tel Aviv in light of the Hamas militant attack on Israel, saying they were waiting for safety conditions to improve before resuming. Britain's easyjet (EZJ.L) said it had halted flights with Tel Aviv on Sunday and Monday, and would adjust the timings of flights in the next few days. Hainan Airlines (600221.SS), the only Chinese airline to fly between China and Israel, cancelled flights between Tel Aviv and Shanghai on Monday, citing the security situation in Israel. It said it would continue flights linking Beijing and the southern tech hub of Shenzhen with Tel Aviv while waiving fees for cancellations before Oct. 20. Korean Air (003490.KS) said it cancelled its Monday flight between the port city of Incheon and Tel Aviv and expects future flights to be irregular.

Persons: Benjamin Netanyahu, Amir Cohen, Finland's, United, Britain's, Douglas Gillison, Sophie Yu, Farah Master, Joyce Lee, Brenda Goh, Anna Ringstrom, Stockholm Sarah Young, Andrea Ricci, Clarence Fernandez Organizations: Israeli, Ben Gurion International, REUTERS, Fighters, Sunday, United Airlines, Delta Air Lines, American Airlines, Air, Delta, Hainan Airlines, Cathay, HK, Korean, Thomson Locations: Lod, Israel, Tel Aviv, Gaza, U.S, New York, Chicago, Washington, DC, Miami, United States, China, Shanghai, Beijing, Shenzhen, Hong Kong, KS, Incheon, Stockholm, London

More than 1,500 flights were cancelled on Monday - a public holiday in parts of Britain, and one of the busiest travel days as the school holidays draw to close - when air traffic controllers were forced to switch to manual systems due to a technical problem. Ryanair, Europe's biggest airline, would be operating a normal schedule by Wednesday, said boss Michael O'Leary, as he criticised how Britain's National Air Traffic Services (NATS) had handled the situation. Harper chaired a meeting on Tuesday with NATS, the Civil Aviation Authority (CAA), airlines, airports, trade bodies and Border Force. EasyJet (EZJ.L) said that the knock-on impact meant some flights were cancelled on Tuesday morning. Heathrow Airport, Britain's busiest hub, told passengers to contact their airline before travelling to the airport on Tuesday.

Persons: Maria Ball, Charles De Gaulle, Mark Harper, Michael O'Leary, haven't, O'Leary, Raphael Satter, Rishi Sunak, Sunak, Harper, NATS, Cirium, Sarah Young, Padraic Halpin, Farouq Suleiman, Kate Holton, Alistair Smout, Alison Williams, Mike Harrison Organizations: British, Ryanair, Europe's, Air Traffic Services, REUTERS, Civil Aviation Authority, CAA, Border Force, Aviation, British Airways, Heathrow, Thomson Locations: Europe, Britain, Liverpool, England, Paris, Edinburgh, London, Stansted, NATS

☆ Champions Urawa advance to Asian Champions League group phase
▼ + stars: | 2023-08-22 | by ( Michael Church | ) www.reuters.com time to read: +2 min

Soccer Football - AFC Champions League - Final - Second Leg - Urawa Red Diamonds v Al-Hilal - Saitama Stadium, Saitama, Japan - May 6, 2023 Urawa Red Diamonds' Hiroki Sakai and Shusaku Nishikawa and teammates celebrate with trophy on the podium after winning the AFC Champions League REUTERS/Issei Kato/File Photo Acquire Licensing RightsTOKYO, Aug 22 (Reuters) - Holders Urawa Red Diamonds booked their berth in the group stages of the Asian Champions League on Tuesday as Maciej Skorza's side defeated Hong Kong outfit Lee Man 3-0, but China's Shanghai Port were knocked out by BG Pathum United of Thailand. Yoshio Koizumi gave Urawa the perfect start at Saitama Stadium with a second minute strike and Shinzo Koroki doubled the lead when he headed in Hiroki Sakai's cross from the right four minutes later. Reds, who have won the title three times, will now feature in Thursday's group phase draw in Kuala Lumpur alongside BG Pathum United, Chinese Super League side Zhejiang FC and Incheon United of South Korea. BG Pathum United advanced after a hat-trick by Igor Sergeyev saw the Thai side hand 2018 Chinese champions Shanghai Port a Igor Sergeyev 3-2 defeat. The Uzbekistan international struck again in the 61st minute and, while Markus Pink netted with four minutes remaining to ensure a nervous finish for the visitors, BG Pathum United held on to advance.

Persons: Hiroki Sakai, Shusaku Nishikawa, Issei Kato, Maciej Skorza's, Lee, Yoshio Koizumi, Shinzo Koroki, Hiroki Sakai's, Takahiro Sekine, Igor Sergeyev, Sergeyev, Mirahmetjan Muzepper, Markus Pink, Cheon Seong, Gerso, Franko Andrijasevic's, Michael Church Organizations: Soccer Football, AFC, League, Diamonds, Urawa, AFC Champions League REUTERS, Rights, Urawa Red Diamonds, Asian Champions League, Shanghai Port, BG Pathum United, Saitama, Reds, Super League, Zhejiang FC, Incheon United, Port, Uzbekistan, Pathum United, Vietnam's, Port FC, Michael, Michael Church Our, Thomson Locations: Hilal, Saitama, Japan, Hong Kong, Shanghai, Thailand, Urawa, Kuala Lumpur, South Korea, Thai, Vietnam's Haiphong, Zhejiang

☆ Pensions business boosts Legal & General H1 profit above expectations
▼ + stars: | 2023-08-15 | by ( ) www.reuters.com time to read: +1 min

LONDON, Aug 15 (Reuters) - Legal & General (LGEN.L) reported a forecast-beating operating profit of 941 million pounds ($1.20 billion) in the first half on Tuesday, boosted by its bulk annuity business, and said it was on track to meet its five-year ambitions. Analysts in a company-compiled consensus poll had forecast operating profit for the British life insurer and asset manager of 834 million pounds. Operating profit fell nearly 2% from a year earlier but analysts at Jefferies said they expected the results to be "well received" on Tuesday. British specialist insurer Just Group (JUSTJ.L) reported a 154% jump in first-half profit on Tuesday, also beating market estimates, boosted by bumper sales of its retirement income products and higher new business income. ($1 = 0.7868 pounds)Reporting by Carolyn Cohn in London and Eva Mathews in Bengaluru, editing by Sinead CruiseOur Standards: The Thomson Reuters Trust Principles.

Persons: Nigel Wilson, Jefferies, Carolyn Cohn, Eva Mathews, Sinead Cruise Organizations: General Investment Management, Thomson Locations: London, Bengaluru

☆ Airlines take aim at Italy's plans to bring down sky-high prices
▼ + stars: | 2023-08-07 | by ( ) www.reuters.com time to read: +2 min

An Airbus A380 of German air carrier Lufthansa is seen at the airport in Frankfurt, Germany, February 12, 2019. REUTERS/Kai Pfaffenbach/File PhotoROME, Aug 7 (Reuters) - A group of airlines operating in Italy on Monday criticised government plans to curb ticket prices at the height of the summer season, saying they could breach European Union free market rules. Ticket prices to Italy's two main islands have soared in recent weeks. Companies including Lufthansa (LHAG.DE), EasyJet (EZJ.L), American Airlines (AAL.O) and Delta (DAL.N) are members of the IBAR, the association's website shows. Measures in a decree law take effect immediately, but parliament has to ratify them within two months, otherwise they lapse.

Persons: Kai Pfaffenbach, Giorgia Meloni's, Angelo Amante, Alvise Organizations: Airbus, Lufthansa, REUTERS, Monday, Union, Italian, of Airlines Representatives, Companies, American Airlines, Thomson Locations: Frankfurt, Germany, Italy, Sicily, Sardinia, EU

☆ Some strikes at UK airport Gatwick cancelled, suspended - union
▼ + stars: | 2023-07-24 | by ( ) www.reuters.com time to read: +1 min

[1/2] Passengers wait in the queue for check-in in the South Terminal building at Gatwick Airport, in Gatwick, Britain, December 21, 2018. REUTERS/Toby Melville/File PhotoLONDON, July 24 (Reuters) - Some of the strikes planned by baggage handlers and other workers at Britain's no.2 airport Gatwick in the peak summer travel period have been suspended or cancelled, the Unite trade union said on Monday. But improved pay offers mean that DHL workers, who provide services to easyJet, have cancelled their walk outs completely after they voted to accept a 15% pay rise, the union said. Currently ASC workers have not yet suspended their walk outs, while Menzies have suspended some of them. A fourth set of workers, who are contracted by GGS, have suspended strikes between July 28-Aug.1 to allow negotiations to continue but are still due to walk out Aug. 4-8.

Persons: Toby Melville, Menzies, Sarah Young, Eva Mathews, Savio D'Souza, Kylie MacLellan Organizations: Gatwick Airport, REUTERS, Gatwick, British Airways, DHL, Workers, Menzies, ASC, GGS, Thomson Locations: Gatwick, Britain, Britain's, TUI, easyJet, Rhodes, Greece, London, Bengaluru

☆ UK's easyJet says it is operating flights as normal to Rhodes
▼ + stars: | 2023-07-23 | by ( ) www.reuters.com time to read: 1 min

LONDON, July 23 (Reuters) - Britain's easyJet (EZJ.L) said on Sunday it was operating flights as normal to Rhodes but was closely monitoring the situation with wildfires on the Greek island. "We are currently operating as normal to Rhodes however we continue to closely monitor the situation. We advise customers travelling to and from Rhodes to check the status of their flights on Flight Tracker," it said in a statement. It said it was working to comply with the requests of the local authorities and is in contact with its customers there. Reporting by Elizabeth Piper; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Rhodes, Elizabeth Piper, Hugh Lawson Organizations: Services, Thomson Locations: Rhodes

☆ EasyJet's Portugal cabin staff start five-day strike, threaten more walkouts
▼ + stars: | 2023-07-21 | by ( Sergio Goncalves | ) www.reuters.com time to read: +2 min

LISBON, July 21 (Reuters) - Almost 100% of EasyJet's (EZJ.L) cabin staff in Portugal walked out for five days on Friday and the union threatens with more strikes in the coming months if the company keeps rejecting the raises they demand. Penarroias did not rule out more strikes in the coming months if the talks with the company do not progress. "We will see with the union member whether the strike would happen in August, September, October or at the end of the year," he told Reuters. He said "his fellow French, German and Swiss cabin staff, who earn between 70% and 100% more than the Portuguese, only got better wages after going on strike several times". The Portuguese law protecting consumers forces cabin staff to assure 96 flights during the five days.

Persons: Ricardo Penarroias, Penarroias, Easyjet, Sergio Goncalves, Inti Landauro, Louise Heavens Organizations: Reuters, British, Thomson Locations: LISBON, Portugal, Swiss

☆ EasyJet reports record Q3 results on back of summer travel demand
▼ + stars: | 2023-07-20 | by ( ) www.reuters.com time to read: +2 min

LONDON, July 20 (Reuters) - Britain's easyJet (EZJ.L) posted a record pretax profit of 203 million pounds ($262.5 million) for its third quarter, above analysts' forecasts, on the back of an ongoing rebound in summer travel demand and limited disruption despite ongoing strikes. The airline said it also expected to report record pretax profit for its fourth quarter, the July to September period, as costs per seat flattened with oil prices stabilizing. However easyJet's CEO Johan Lundgren warned about the potential impact of limited airspace availability and air traffic control strikes in Europe. EasyJet holidays also saw bookings more than double year-on-year for the winter. ($1 = 0.7734 pounds)Reporting by Joanna Plucinska and Paul Sandle; Editing by Sarah Young and Jan HarveyOur Standards: The Thomson Reuters Trust Principles.

Persons: Johan Lundgren, Lundgren, Joanna Plucinska, Paul Sandle, Sarah Young, Jan Harvey Organizations: Airlines, Thomson Locations: Europe

☆ Some workers suspend strikes at London's Gatwick -union
▼ + stars: | 2023-07-18 | by ( ) www.reuters.com time to read: +1 min

LONDON, July 18 (Reuters) - A first round of strikes planned by baggage handlers working with easyJet (EZJ.L) at London's Gatwick airport has been suspended after a better pay offer, their union said on Tuesday, warning that other walkouts will still go ahead. Around 600 DHL workers who fulfil contracts for Gatwick's biggest airline easyJet (EZJ.L) have called off strikes planned for 28 July to 1 August and will now be balloted on the new pay offer, trade union Unite said in a statement. "As an act of good faith, Unite’s Gatwick DHL members have agreed to suspend their first set of strikes while they are balloted on the new offer," Unite Regional Officer Dominic Rothwell said. If members were to reject the deal, the union said it would set out fresh strike dates. Strikes planned by around 450 ASC, Menzies Aviation and GGS staff, who work for other airlines including British Airways, are still scheduled to take place from July 28 to Aug. 1 and from Aug. 4 to Aug. 8.

Persons: Dominic Rothwell, Sarah Young, Muvija, William James Our Organizations: London's Gatwick, Gatwick, DHL, Gatwick's, Gatwick DHL, Menzies Aviation, British Airways, Thomson Locations: London's, London

☆ Opinion | ‘And Just Like That,’ Everyone Is Part of the 1 Percent
▼ + stars: | 2023-07-15 | by ( Jessica Grose | ) www.nytimes.com time to read: +3 min

Carrie (Sarah Jessica Parker) was often cash poor because she spent her writer’s income on things like expensive shoes. At one point, she got into money trouble after a breakup and had to rely on her friend Charlotte (Kristin Davis) to bail her out. Let’s be clear: These women were always quite privileged — perpetually sipping pricey cosmopolitans in the greatest city in the world. But in the original series, they had to work for a living, and sometimes they had to worry about money. We see Miranda logging long hours in the office, Samantha courting prospective clients and Charlotte showing the latest art to potential buyers.

Persons: ” Miranda isn’t, Samantha, Kim Cattrall, Carrie, Sarah Jessica Parker, Charlotte, Kristin Davis, Miranda, We’re, Big, Chris Noth, ” Carrie, podcaster, can’t, — Organizations: City Locations: Charlotte

European travellers are already on high alert over worries about air traffic control problems arising from both the reduced air space available due to the Ukraine war, plus staffing issues and industrial action at some locations. "Given the scale of the industrial action, disruption, delays and cancellations are inevitable across the airport," Unite said in its statement. Concerns over air traffic control delays already prompted easyJet to axe 2% of its summer flight schedule, mostly from Gatwick, on Monday. On the strike-affected days, 4,410 flights are due to depart from Gatwick, equating to over 840,000 potential passengers, according to aviation analytics firm Cirium. Britain's busiest hub, Heathrow Airport, agreed a pay deal with security workers in June, avoiding multiple days of walk-outs throughout the summer which had been planned by Unite.

Persons: EasyJet, easyJet, William James, Sarah Young, Sachin, Mark Potter Organizations: Gatwick, Menzies Aviation, DHL Services, Gatwick's, British Airways, DHL, Airlines, Financial Times, Heathrow Airport, Unite, Thomson Locations: Ukraine, London, TUI, Gatwick, Europe

☆ A lawsuit claims Google has been 'secretly stealing everything ever created and shared on the internet by hundreds of millions of Americans' to train its AI
▼ + stars: | 2023-07-12 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

A lawsuit claims Google took people's data without their knowledge or consent to train its AI products. The lawsuit accuses Google of "secretly stealing everything ever created and shared on the internet." A new lawsuit claims that Google has been "secretly stealing everything ever created and shared on the internet by hundreds of millions of Americans" to train its generative AI products like its chatbot Bard. One of the plaintiffs in the Google lawsuit, identified with the initials "J.L." The lawsuit claims that her work is now widely available for free on Bard, with the bot giving chapter summaries of the book and even sharing extracts verbatim.

Persons: Google, OpenAI, Bard, DeepMind, Halimah DeLaine Prado, DeLaine Prado Organizations: Google, Morning, Clarkson Law Firm, Court, Northern, Northern District of, Reuters, New York Times Locations: Northern District, Northern District of California, Texas

☆ Factbox: Europe's ongoing strike-related travel disruptions
▼ + stars: | 2023-07-10 | by ( ) www.reuters.com time to read: +4 min

The travel industry is on high alert for disruption after Europe's peak season last year was hit by cancellations, causing chaos at airports. This summer, air traffic control issues are likely to be the weak spot, according to warnings from Eurocontrol, which manages European airspace. Heathrow Airport security workers on June 23 called off 31 days of strikes planned at Britain's busiest hub. At Birmingham Airport, around 100 security officers and terminal technicians will begin continuous strike action from July 18. The strikes will severely impact the airport's security and terminal maintenance, leading to flight delays, the Unite union said.

Persons: Hannah McKay, Tiago Brandao, Pierre John Felcenloben, Antonis Triantafyllou, Milla Nissi Organizations: British Airways, Heathrow Airport, REUTERS, BELGIUM Ryanair, BRITAIN, Heathrow, Birmingham Airport, Glasgow, FRANCE Air, ATC, Nantes, Ryanair, Reuters, SPAIN Pilots, Iberia Regional Air Nostrum, Air Nostrum, Air Europa, Swedish Transport Workers, Union, Geneva, Thomson Locations: London, Britain, BELGIUM, Belgium, Charleroi, Europe, Gatwick, France, Paris, Orly, Lyon, Marseille, Nice, Toulouse, Bordeaux, ITALY, PORTUGAL, Portugal, Iberia, Spain, SWEDEN

☆ EasyJet confident on summer as bookings soar
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +1 min

LONDON, May 18 (Reuters) - British airline easyJet <EZJ.L> said it was confident ahead of the summer season, when it makes all its profit, helped by strong booking levels, higher ticket prices and the growth of its holidays business. Europe's major airlines including its biggest, Ryanair (RYA.I) plus Lufthansa (LHAG.DE) and British Airways-owner IAG (ICAG.L) have all pointed to robust summer bookings, showing consumers prioritising travel spend despite incomes being squeezed by inflation. For the six months to the end of March, easyJet on Thursday reported a pretax loss of 411 million pounds ($519 million), compared to the forecast it provided in April for a loss of between 405 million and 425 million pounds. Ahead of the key summer season, easyJet noted its operational resilience, suggesting it was ready for the pick-up in travel, unlike last year, when flights across Europe were disrupted by staff shortages and cancellations. For the full-year, analysts currently expect easyJet to post a pretax profit of 345 million pounds according to Refinitiv data.

Strikes have rolled through France, Portugal, Britain and Germany in recent weeks and could cause air travel disruption in parts of Europe through the Easter holidays, officials at airlines, airports and air traffic authorities told Reuters. There's no doubt about it," said Steven Moore, who is in charge of air traffic management operations at Eurocontrol. Airlines say they have to pay compensation without themselves getting compensated for air traffic delays. Consumer groups say air traffic control strikes are not new and airlines should be quicker to react and pay compensation. He called last week on the European Commission to do more to stop such strikes hitting overflights, by introducing minimum service rules, though industry experts say strikes are a national issue.

☆ EasyJet cabin staff in Portugal plan early April strike over pay
▼ + stars: | 2023-03-17 | by ( ) www.reuters.com time to read: +1 min

LISBON, March 17 (Reuters) - EasyJet (EZJ.L) cabin staff in Portugal will go on a three-day strike in early April to demand higher wages to compensate for the soaring cost of living, the SNPVAC union of civil aviation flight personnel said on Friday. Workers at the British low-cost airline, who also seek better working conditions, are planning to walk out between April 1-3. "Due to the economic climate, easyJet workers have lost purchasing power over the last three years," SNPVAC said in a statement. "The increase in the cost of living suffocates workers and jeopardises the well-being and comfort of their families." Reporting by Patricia Vicente Rua; Editing by Andrei Khalip and Jan HarveyOur Standards: The Thomson Reuters Trust Principles.

☆ Meet the typical Dollar General customer: An older rural worker with a high school education and an income of less than $40,000
▼ + stars: | 2023-03-16 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

Dollar General has 19,147 stores across the US and Mexico and employs more than 163,000 people. Dollar General's average customer is older, has a high-school diploma, and earns less than $40,000 per year. The first Dollar General store opened in 1955 in Springfield, Kentucky. Dollar General, now based in Tennessee, has 19,147 stores across the US and Mexico, mostly concentrated in the Sunbelt and Midwest. Numerator found that Dollar General's typical shopper is an older worker with a high-school education who lives in a two-person household in a rural area and earns less than $40,000 per year.

☆ The week in Asian football
▼ + stars: | 2023-02-27 | by ( Michael Church | ) www.reuters.com time to read: +3 min

HONG KONG, Feb 27 (Reuters) - Talking points from the week in Asian football:RONALDO'S SAUDI SCORING STREAK CONTINUES WITH HAT-TRICKCristiano Ronaldo's scoring run continued on Saturday as the Portuguese attacker netted all three goals in Al Nassr's 3-0 victory over Damak. The 38-year-old capped the scoring a minute before halftime when he side-footed home after Ayman Yahya cut the ball back towards the penalty spot. The goal was Ronaldo's eighth in five league games since joining Al Nassr after the World Cup. The defeat was the second in a row for new Urawa coach Maciej Skorza and the Pole's team are bottom of the standings. JANKOVIC APPOINTED NEW CHINA COACHSerbian Aleksandar Jankovic has been named coach of the China national team for next year's Asian Cup and the qualifiers for the 2026 World Cup.

☆ Rolls-Royce strategy bind is a problem best shared
▼ + stars: | 2023-02-23 | by ( Pamela Barbaglia | ) www.reuters.com time to read: +4 min

That’s way better than the 1.5 billion pound cash outflow in 2021, but also four times what analysts had expected. Even so Rolls, which makes 45% of its revenue from making, selling and servicing commercial aircraft engines, is on the wrong side of the energy transition. But reaching net zero emissions by 2050 may involve ditching gas turbines entirely. One solution could come from hydrogen-powered fuel cell engines - Rolls clinched a partnership with easyJet (EZJ.L) in July to carry out a joint project to test a hydrogen engine. Rolls-Royce’s plans to reach net zero emissions by 2050 date back to 2021.

☆ UK regional airline Flybe to wind down as rescue talks collapse
▼ + stars: | 2023-02-15 | by ( ) www.reuters.com time to read: +2 min

SummarySummary Companies Flybe to wind down business as rescue talks endFurther 25 jobs affectedFeb 15 (Reuters) - British regional airline Flybe will wind up its business after rescue talks fell through, its joint administrators said on Wednesday, a month after the company cancelled all flights and entered insolvency proceedings for a second time in three years. The pandemic and resulting lockdown pushed Flybe into administration for the first time in March 2020, affecting 2,400 jobs. After administrators were appointed again in late January 2023, Birmingham Headquartered Flybe made 276 workers redundant. Flybe, which operated flights on 21 routes to 17 destinations across the UK and Europe, said a further 25 jobs would now be affected. Lufthansa declined to comment on the matter on Wednesday, while Air France-KLM did not immediately respond to a request for comment.

☆ TUI sees strong summer bookings as travel recovery gains momentum
▼ + stars: | 2023-02-14 | by ( Joanna Plucinska | ) www.reuters.com time to read: +2 min

LONDON, Feb 14 (Reuters) - Holiday group TUI (TUIGn.DE), said on Tuesday it was seeing a positive travel recovery trend for the upcoming summer season as holidaymakers make plans to enjoy their breaks following a pandemic hiatus. Upcoming bookings for the 2023 winter and summer seasons hit 8.7 million. Low-cost airlines such as Ryanair, Wizz Air and easyJet all reported strong summer bookings earlier this year. Revenue improved by 1.4 billion euros to 3.8 billion euros year-on-year, with a growth of around a million guests to 3.3 million from the previous quarter. Separately, TUI shareholders are expected later on Tuesday to vote on a capital increase plan to repay Germany's Economic Stablisation Fund.

LISBON, Feb 1 (Reuters) - Europe was entering an "inevitable" post-pandemic period of airline consolidation as legacy flag-carriers struggle to navigate through a competitive landscape, the chief executive of low-cost carrier Ryanair (RYA.I) said on Wednesday. "We are definitely, post-COVID, entering a four or five-year period of consolidation," Ryanair's Michael O'Leary told Reuters on the sidelines of a news briefing in Portugal's capital Lisbon. Many of Europe's legacy airlines are finding it tough to effectively compete with budget carriers, hampered by weak balance sheets that could be made more robust by merging with rivals, analysts have said. Lufthansa, Air France-KLM and British Airways owner IAG are potential buyers, according to analysts. O'Leary said he believed the sector in Europe would move towards having four large airlines: Lufthansa, Air France-KLM (AIRF.PA), IAG and and Ryanair.

Search resuls for: "J.L"

25 mentions found