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☆ United Airlines raises checked bag fee $5, following American
▼ + stars: | 2024-02-23 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

United Airlines is raising the price to check bags, becoming the latest carrier this year to hike a fee that generated more than $5 billion for airlines in the first nine months of 2023 alone. A second checked bag will cost $50 at the airport, or $45 in advance, up $5 for both options. Earlier this week, American Airlines raised its fee to check a first bag on domestic flights to $35 if purchased in advance and $40 at the airport. A second checked bag will go up from $40 to $45. JetBlue and Alaska Airlines have also raised bag fees this year.

Persons: United Organizations: Airlines, American Airlines, JetBlue, Alaska Airlines, CNBC PRO Locations: North America

CNN —United Airlines said it will resume flights from the United States to Israel beginning in March. United is the first major US airline carrier to resume flights to Israel following the October 7 Hamas terror attack and ensuing war in Gaza. United said there will be some connecting flights from New York and Newark on March 2 and March 4 and the goal is to begin daily non-stop flights on March 6. “United conducted a detailed safety analysis in making this decision, including close work with security experts and government officials in the United States and Israel. Neither of the other major US airlines that historically offered flights to Israel, Delta and American Airlines, have resumed service yet.

Organizations: CNN — United Airlines, United, “, Air Line Pilots Association, Association of, Washington Dulles, Lufthansa, Austrian Airlines, Air, American Airlines Locations: United States, Israel, Gaza, United, New York, Newark, San Francisco, Washington, Chicago, Tel Aviv, Air France, Delta

☆ United grounded 5 planes because it couldn't turn off their 'No Smoking' signs, breaking a strange FAA rule
▼ + stars: | 2024-02-13 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

United Airlines "briefly" grounded its Airbus A321neos due to a peculiar rule. It needed an exemption from requirements flight crew be able to turn off "No Smoking" signs. United received an exemption for Boeing jets in 2020, but ordered the A321neos a year later. The FAA told BI it was "working to quickly resolve a non-safety issue that United Airlines discovered with some of its Airbus A321neo aircraft." Around four hours after those statements, a United spokesperson said the FAA gave it permission to keep operating the jets while it evaluates the exemption request.

Persons: —, United, PJ9i1QRzn4, nQU7I4e1WK — Jason Rabinowitz Organizations: Airlines, Airbus, Boeing, Service, United Airlines, Department of Transportation, Federal Aviation Administration, United, FAA, Airbus A321neo

☆ Members of Ukraine's 82nd Air Assault Brigade praise the British Challenger 2 tank
▼ + stars: | 2024-02-03 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +3 min

Ukrainian soldiers from the 82nd Air Assault Brigade described how the British Challenger 2 tank has helped give them an edge in the fighting against Russian forces. The UK announced in January 2023 that it would provide Ukraine with 14 Challenger 2 tanks as part of a military aid package. AdvertisementAccording to the British Army's website, the Challenger 2 is the force's main battle tank and is "designed to destroy other tanks." AdvertisementRussian team members on a T-72 B3 battle tank. But it noted that Russia was likely able to build "at least" 100 main battle tanks a month, meaning it would be able to keep up its current level of offensive activity "for the foreseeable future."

Persons: WarTranslated, Viktor Organizations: 82nd Air Assault Brigade, British Challenger, Russian, Twitter, Challenger, Business, British Ministry of Defence Locations: Britain, Soviet, Ukraine, Russia, Russian

SpaceX, X (formerly known as Twitter), and Tesla CEO Elon Musk speaks during live interview with Ben Shapiro at the symposium on fighting antisemitism on January 22, 2024 in Krakow, Poland. Elon Musk said late Wednesday that Tesla will hold a shareholder vote on whether to transfer the electric carmaker's state of incorporation to Texas. After the poll, Musk said Tesla will "will move immediately to hold a shareholder vote to transfer state of incorporation to Texas." Musk will likely have to seek approval from the Tesla board to enact such a move. "Never incorporate your company in the state of Delaware," Musk posted on X this week.

Persons: Elon Musk, Ben Shapiro, Tesla, Musk, Musk's, Chancellor Kathaleen McCormick Organizations: SpaceX, Tesla, Musk Locations: Krakow, Poland, Texas, Delaware

☆ United and American Airlines add Super Bowl flights with a nod to Taylor Swift and Travis Kelce
▼ + stars: | 2024-01-29 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —The Kansas City Chiefs and San Francisco 49ers are playing each other in this year’s Super Bowl, and airlines are excited about the potential match – that is, Taylor Swift and Travis Kelce. American Airlines and United both added special flights between Kansas City and Las Vegas airports over the Super Bowl weekend with special flights numbers that have Swifties and the Chiefs Kingdom taking notice. The flights will take off on Friday, February 9 and Saturday, February 10 from Kansas City to the host city. United is also adding Swift and Kelce-themed flight numbers between Kansas City and Las Vegas during the weekend, too. Airlines commonly added special flights to Super Bowl host cities for fans traveling to see the game.

Persons: Taylor Swift, Travis Kelce, ”, “, Patrick Mahomes, Swift Organizations: New, New York CNN, Kansas City Chiefs, San Francisco 49ers, American Airlines, United, Kansas City, Super, Chiefs Kingdom, CNN, , Kansas City Chiefs, Las Vegas, 49ers, California Gold Rush, Airlines, Super Bowl, Sunday, Allegiant Locations: New York, Kansas, Las Vegas, Kansas City, ,, United, Las, San Francisco

Southwest also said Thursday that it expects to receive fewer new planes than it expected this year because of ongoing production problems at Boeing. American said Thursday that it earned $19 million in the fourth quarter, down from $803 million a year earlier. Analysts expected American Airlines Group Inc. to earn 11 cents per share, according to a FactSet survey. Wall Street expected Southwest Airlines Co. to earn 12 cents per share. Earlier this week, United said it expects to lose money in the first quarter because of the grounding.

Persons: Max, United Organizations: DALLAS, American Airlines, Southwest Airlines, Southwest, Boeing, American Airlines Group Inc, Revenue, Southwest Airlines Co, Dallas, Max, Federal Aviation Administration, United Locations: Fort Worth , Texas, Southwest, Alaska

New York CNN —Boeing CEO David Calhoun’s Wednesday was decidedly a mixed bag: The Federal Aviation Administration finally approved a set of inspection criteria for the 171 grounded 737 Max 9 planes that, if followed, could return the aircraft to service. And the FAA said it would not grant any production expansion of the 737 Max lineup while its safety probe of Boeing continues. “We fly safe planes,” Calhoun said to reporters assembled on Capitol Hill. A week earlier, Calhoun acknowledged the company made a “mistake” at a staff-wide safety meeting, but he did not specify what that mistake was. Two Max variants — the Max 7 and the Max 10 — are still awaiting approval to begin carrying passengers.

Persons: David Calhoun’s, Max, Mike Whitaker, United, Whitaker, ”, “, Mr, Calhoun, ” Calhoun, Washington Democratic Sen, Maria Cantwell, ” Cantwell, Jennifer Homendy, —, Wells Organizations: New, New York CNN, Boeing, Federal Aviation Administration, FAA, Alaska Airlines, Airlines, Washington Calhoun’s, Washington, Capitol, Washington Democratic, Senate, National Transportation Safety Locations: New York, Alaska, United, Washington, Wells, Indonesia, Ethiopia

☆ United Airlines said it expects to lose money over the 737 Max 9 grounding, the first indication of the financial impact of the door plug blowout saga
▼ + stars: | 2024-01-23 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

United Airlines is the world's biggest operator of the Boeing 737 Max 9. AdvertisementUnited Airlines said it expects to lose money as a result of the Boeing 737 Max 9 grounding, in a Monday filing. Related storiesUnited is the world's biggest operator of the 737 Max 9, with 79. Worldwide, there are 171 such jets with a door plug like the one that came off during Alaska Airlines Flight 1282. Alaska Airlines, which operates 65 Boeing 737 Max 9 jets, will report its Q4 earnings before the market opens on Thursday.

Persons: —, Scott Kirby Organizations: Airlines, Boeing, Service, United Airlines, Max, Alaska Airlines, Bloomberg, United

☆ United Airlines forecasts first-quarter loss due to Boeing 737 Max 9 grounding
▼ + stars: | 2024-01-22 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

United Airlines on Monday forecast a first-quarter loss due to the Federal Aviation Administration's grounding of Boeing 737 Max 9 planes this month after a part blew out during an Alaska Airlines flight operated with that type of aircraft. The more common Boeing 737 Max 8, which is in fleets at United, American and Southwest , isn't affected by the grounding order. "Despite unpredictable headwinds, we delivered on our ambitious EPS target that few thought possible — and set new operational records for our customers," said United Airlines CEO Scott Kirby in an earnings release. For the full-year 2024, United forecast adjusted earnings of between $9 and $11 a share, within analysts' estimates. ET on Tuesday when they are likely to face questions about compensation from Boeing for the grounding.

Persons: United, Scott Kirby Organizations: Airlines, Federal Aviation, Boeing, Max, Alaska Airlines, United, LSEG, United Airlines, CNBC PRO Locations: Alaska

United Airlines said Monday it will lose money in the first three months of this year because of the grounding of its Boeing 737 Max 9 planes after a panel blew out of a Max jetliner this month. United said it expects to lose between 35 cents and 85 cents per share in the first quarter. United said it will recover to earn a full-year profit of between $9 and $11 per share. United has 79 Max 9s in its fleet, which numbers around 1,000 planes, not counting those used by regional affiliates. Shares of United Airlines Holdings Inc. fell 1% in regular trading, but rose 7% in the first few minutes of extended trading after release of the financial results and forecasts.

Persons: Max Organizations: Airlines, Boeing, Max, United, Alaska Airlines, Federal Aviation Administration, FactSet, United Airlines Holdings Inc Locations: Alaska, Oregon, Chicago

The move came after the Arena Group, which publishes the magazine under a complicated management structure, had its license to operate the publication revoked. It was unclear whether Sports Illustrated would continue publishing, or whether its owner, Authentic Brands Group, would strike a new agreement with the Arena Group or find a new company to operate it. For decades, Sports Illustrated was a weekly bible for sports fans and a financial engine for the Time Inc. empire. Like many publications, the magazine had struggled to shift to the digital media world from print publishing. In 2019, the media conglomerate Meredith sold Sports Illustrated to Authentic Brands Group, which is primarily a licensing company that acquires the rights to celebrity brands, for $110 million.

Persons: Meredith Organizations: Arena Group, Authentic Brands, Sports, Time Inc

☆ Flight cancellations pile up as winter storm, 737 Max 9 grounding disrupt travel
▼ + stars: | 2024-01-12 | by ( Ryan Anastasio | ) www.cnbc.com time to read: +2 min

Airlines canceled more than 3,000 U.S. flights Friday as they grappled with winter weather and the grounding of Boeing 737 Max 9 planes. United canceled about 10% of its mainline flights and delayed about 30%. That grounding has continued to disrupt travel for United and Alaska Airlines, the only U.S. airlines operating the aircraft. Alaska said that between 110 and 150 flights per day would be impacted by the grounding of the Max 9. United Airlines said it canceled flights scheduled to use a Max 9 through Tuesday.

Persons: Max Organizations: Airlines, Boeing, Max, Midwest, U.S, United Airlines, American Airlines, Detroit Metropolitan Wayne County Airport, Delta Air Lines, Southwest Airlines, Chicago Midway, United, Federal Aviation Administration, Alaska Airlines, FAA Locations: U.S, Chicago, Detroit, United, Alaska

WASHINGTON (AP) — The Supreme Court on Friday agreed to hear an appeal from Starbucks in a dispute with the National Labor Relations Board over efforts by workers to unionize at a store in Memphis, Tennessee. The case has been among the most closely watched in the more than 2-year-old effort to unionize Starbucks' company-owned U.S. stores. Workers United, the union organizing Starbucks workers, said the company is trying to weaken the labor board's ability to hold companies accountable. “There’s no doubt that Starbucks broke federal law by firing workers in Memphis for joining together in a union,” Workers United said. “The district court determined that, and the decision was affirmed by one of the most conservative courts in the nation.”The Memphis store did eventually vote to unionize.

Persons: —, “ Organizations: WASHINGTON, Starbucks, National Labor Relations Board, NLRB, Sixth U.S, Circuit, Appeals, Supreme, . Workers United, ” Workers Locations: Memphis , Tennessee, Memphis, Seattle

☆ What travelers need to know about the Boeing 737 Max 9 grounding
▼ + stars: | 2024-01-08 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Ntsb | Via ReutersAirlines have canceled hundreds of flights since the Federal Aviation Administration ordered carriers to take Boeing 737 Max 9 planes out of service for urgent inspections. The FAA grounded more than 170 Boeing 737 Max 9 planes so they can be inspected after a door plug panel blew out on Alaska Airlines Flight 1282 on Friday. United Airlines and Alaska Airlines are the biggest operators of the Boeing 737 Max 9, with 79 and 65 of the planes in their fleets, respectively. United canceled 229 mainline flights on Monday, representing about 8% of its schedule, according to FlightAware. The more common Boeing 737 Max 8 plane is not affected.

Persons: Aeromexico, it's, United Organizations: Alaska Airlines Flight, Boeing, National Transportation Safety, Ntsb, Via Reuters Airlines, Federal Aviation Administration, Max, FAA, Alaska Airlines, United Airlines, United, Copa Locations: Alaska, Portland , Oregon, Ontario , California

☆ United, Alaska Air find loose hardware on some Boeing 737 Max 9s after grounding
▼ + stars: | 2024-01-08 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

United Airlines said Monday that it has found loose bolts on door plugs of several Boeing 737 Max 9 planes during inspections spurred when a panel of that type blew out during an Alaska Airlines flight using that type of aircraft last week. Alaska Airlines later Monday said its initial inspections of the jets had turned up "loose hardware" and that, "No aircraft will be returned to service" until formal reviews are complete. The Federal Aviation Administration on Saturday grounded dozens of 737 Max 9s after the panel blew out midflight on Alaska Flight 1282. Plane manufacturer Boeing said earlier Monday it issued instructions to airlines to conduct the inspections of the Max 9s in their fleets. The 737 Max is Boeing's best-selling aircraft, with more than 4,000 orders to fill.

Persons: Max, Dave Calhoun, Calhoun Organizations: Airlines, Boeing, Max, Alaska Airlines, FAA, Federal Aviation Administration, Tech Ops, National Transportation Safety, CNBC PRO Locations: midflight, Alaska

☆ One health-insurance startup is bucking the industrywide funding slowdown
▼ + stars: | 2024-01-04 | by ( ) www.businessinsider.com time to read: +3 min

Read previewThe insurance startup Devoted Health managed to raise another $175 million last week despite the venture-capital downturn. Devoted has raised more than $2 billion in funding to date. Funding raised by Devoted and other health-insurance startups isn't included in these figures. New funding follows rapid growthDevoted said the Series E funding round came after a year of fast growth. The round was led by a syndicate that included The Space Between, Highbury Holdings, GIC, Stardust Equity, Maverick Ventures, and Fearless Ventures, Devoted said.

Persons: —, Bill Evans, megadeals, Oscar, Andreessen Horowitz, Catalyst Organizations: Service, Business, Rock Health Capital, Rock Health, Bright, Clover Health, Oscar Health, Highbury Holdings, Stardust Equity, Maverick Ventures, Fearless Ventures, Socium Ventures, Emerson, Prime Capital Partners, GreatPoint Ventures Locations: Waltham , Massachusetts

☆ Covid vaccine rates in the U.S. are slumping — and it will be a challenge to boost them
▼ + stars: | 2023-11-30 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +10 min

In this article PFEMRNANVAX Follow your favorite stocks CREATE FREE ACCOUNTA sign advertises Covid vaccine shots at a Walgreens Pharmacy in Somerville, Massachusetts, on Aug. 14, 2023. Brian Snyder | ReutersThree years into the Covid-19 pandemic, few Americans are rolling up their sleeves to get a Covid vaccine. Experts and vaccine makers can agree that low Covid vaccination rates are concerning, even as cases of the virus dwindle from their pandemic highs. However, Iovine of the University of Florida doesn't believe combination shots will have a significant effect on Covid vaccination rates. If combination shots don't do the trick, it's unclear what else could boost Covid vaccination rates down the line.

Persons: Brian Snyder, Ali Mokdad, Mokdad, Irfan Khan, Jennifer Kates, Brad Pollock, Nicole Iovine, epidemiologist, Iovine, Michael Yee, Albert Bourla, Arpa Garay, Garay, John Trizzino, Trizzino, Jamey Mock, Andrew Pekosz, Jefferies, Yee, doesn't Organizations: Walgreens, Reuters, Pfizer, Moderna, Centers for Disease Control, CDC, University of Washington, CVS Pharmacy, Los Angeles Times, KFF, UC Davis Health's, University of Florida, Jefferies, Arpa, CNBC, Istock, Getty, Johns Hopkins Bloomberg School of Public Health Locations: Somerville , Massachusetts, U.S, Novavax, Covid, Eagle Rock , California

Sports Illustrated is the latest media company to see its reputation damaged by being less than forthcoming — if not outright dishonest — about who or what is writing its stories at the dawn of the artificial intelligence age. The once-powerful publication said it was firing a company that produced articles for its website written under the byline of authors who apparently don't exist. Earlier this year, experiments with AI went awry at both the Gannett newspaper chain and the CNET technology website. On Monday, the Futurism website reported that Sports Illustrated used stories for product reviews that had authors it could not identify. At the end of each such story is a note that explains technology's role in its production, a spokeswoman said.

Persons: ”, Tom Rosenstiel, ” Rosenstiel, “, Jeff Jarvis, Drew Ortiz, “ Drew, AdVon, AdVon wasn't, LedeAI, Jarvis, Gannett, Connie Guglielmo, ” Guglielmo, Emma Heegar, ” Buzzfeed, ” ___ David Bauder Organizations: Gannett, CNET, University of Maryland, Arena, Time Inc, “, AdVon Commerce, Sports Illustrated Union, Staff, Associated Press, NBA, Data Locations: Santa Barbara, Calif, Sportradar

☆ Nvidia hit the quarter and guidance out of the park. We don't see that changing
▼ + stars: | 2023-11-21 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

Bottom line This was a very strong quarter, with almost nothing to nitpick. This year's rapid Data Center sales growth we've seen has been driven largely by cloud providers and enterprises. Sales to China and other impacted regions have, in the past few quarters, accounted for 20% to 25% of Data Center sales. However, the team added that they "believe the decline will be more than offset by strong growth in other regions." Guidance Looking ahead to Nvidia's fourth quarter of fiscal 2024, we once again got far stronger guidance than Wall Street was modeling.

Persons: We're, Ada Lovelace, Jim Cramer's, Jim Cramer, Jim, Jensen Huang Organizations: Nvidia, Revenue, Automotive, Data Center, Microsoft, Oracle, U.S, Data, Gaming, Ada, Nvidia's Automotive, Wall, CNBC, Getty Locations: China, Taiwan

☆ More than half of tech workers think AI is overrated, study finds
▼ + stars: | 2023-11-20 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

More than half of tech workers say that AI is overrated, a 2023 Retool report found. More than half of the tech workers surveyed — 51.6% of respondents — say that AI is overrated, the researchers found. Respondents who find AI to be overrated, Hsu said, don't feel like they can totally rely on AI at its current state. AdvertisementEven though some tech workers are skeptical of AI, only 14.4% of those who deemed AI to be fully overrated said their employers were over-investing in the technology. Retool's findings on AI come as workers across tech use AI tools like ChatGPT to write code, analyze data, and troubleshoot bugs.

Persons: —, David Hsu, Retool, haven't, Hsu, Charlie Munger, It's Organizations: Service, Workers Locations: American

☆ Starbucks workers file more labor complaints with NYC as union goes on largest-ever strike
▼ + stars: | 2023-11-16 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

Members of a recently formed union of Starbucks workers hold a rally to celebrate the first anniversary of their founding, December 9, 2022 in New York City. Starbucks workers in New York City have filed 14 more complaints alleging that the coffee giant violated the city's labor laws. Starbucks baristas have repeatedly accused the company of running afoul of the law: They have filed nearly 70 complaints with the city related to the law since February. The allegations come as Starbucks baristas at more than 200 locations nationwide strike Thursday, on the company's busy Red Cup promotion day. Starbucks Workers United said the strike is protesting understaffing at the company's locations, particularly on promotion days.

Persons: understaffing, baristas, Deborah Hall Lefevre, Sara Kelly, Chipotle, Alberto Oliart Organizations: Starbucks, Red, Starbucks Workers United, Workers, National Labor Relations Board, city's Department of Consumer and Worker Protection, CNBC Locations: New York City, York City, Brooklyn

The walkout comes on the coffee chain's Red Cup Day event, during which Starbucks hands out free red-colored, reusable, holiday-themed cups to customers on their coffee purchases. About a dozen workers picketed outside Starbucks' Astor Place outlet at the New York University's campus chanting "no contract, no coffee" and other rhymes. Red Cup day has typically been a major driver of store traffic, with Placer.ai data showing that visits to U.S. Starbucks stores on the day last year jumped 94% over the daily average for the full year. Mary Boca, 22, Astor Place, New York barista, said she wants to see higher pay and more staff at Starbucks. Last year, workers at more than 100 U.S. company-owned Starbucks locations had held a one-day strike on Red Cup day.

Persons: Lindsay DeDario, Mary Boca, , New York barista, Boca, Edwin Palma Solis, Granth, Shinjini Organizations: Mobile, REUTERS, Starbucks, Workers United, NYU, Workers, U.S ., Red, Thomson Locations: Hamburg, Buffalo , New York, U.S, United States, Astor, York, , New York, Bengaluru, Arriana, New York City

☆ Man Utd CEO Arnold to leave club ahead of possible sale
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +2 min

Soccer Football - Funeral of former England and Manchester United footballer Bobby Charlton - Manchester Cathedral, Manchester, Britain - November 13, 2023 Manchester United CEO & director Richard Arnold arrives at Manchester Cathedral REUTERS/Phil Noble Acquire Licensing RightsCompanies Manchester United PLC FollowNov 15 (Reuters) - Manchester United (MANU.N) CEO Richard Arnold will step down, the Premier League club said on Wednesday, ahead of the club's reported stake sale to British billionaire Jim Ratcliffe. General counsel and board director Patrick Stewart, who has been with the club for over 17 years, will be become interim CEO. Patrick Stewart's appointment as interim CEO would allow United's new joint owners to identify the right long-term candidate to run the club, Sky News reported, citing one source. Manchester United did not immediately respond to a Reuters' request for comment on the rationale. Arnold will provide "transitional support" until the end of December, the club said, and they will start looking for a permanent CEO, United said in a statement.

Persons: Bobby Charlton, Richard Arnold, Phil Noble, Jim Ratcliffe, Patrick Stewart, Glazer, Arnold, Ed Woodward, Erik ten Hag, Ratcliffe, Patrick Stewart's, United, Yadarisa, Shinjini Ganguli, Bhattacharjee Organizations: Soccer, Manchester United, Manchester Cathedral, Manchester Cathedral REUTERS, Rights Companies Manchester United, Premier League, Reuters, Sky News, Thomson Locations: England, Manchester, Britain, United, Bengaluru

☆ Orsted's finance and operations chiefs out after big losses
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +3 min

The offshore wind industry has found itself in a perfect storm of rising inflation, interest rate hikes and delays in the supply chain struggling to cope with growing demand. Orsted, the world's largest offshore wind developer, on Nov. 1 scrapped two U.S. offshore wind projects, flagging $5.6 billion in related impairments after delays, partly due to vessel availability, meant costs soared. "Together with the finance team and the group executive team, Rasmus Errboe will lead the work on supporting Orsted's capital structure and long-term commitment to its credit rating," the company said. Board member Andrew Brown, who has executive experience from Shell and Portugal's Galp, was appointed interim COO, Orsted said. The company said contracts it had signed for its U.S. offshore wind projects were secured recently and were therefore more reflective of current costs.

Persons: Tom Little, Rasmus Errboe, Andrew Brown, Daniel Lerup, Richard Hunter, Orsted, Mads Nipper, Nipper, Essi Lehto, Susanna Twidale, Louise Rasmussen, Mark Potter Organizations: REUTERS, Shell, RWE, Thomson Locations: Nysted, Denmark, HELSINKI

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