DIRS.INFO The most relevant business & tech news

☆ Airbus and Qatar Airways settle bitter A350 jet row
▼ + stars: | 2023-02-02 | by ( Tim Hepher | ) www.reuters.com time to read: +4 min

The "amicable and mutually agreeable settlement" ends a $2 billion row over surface damage on the long-haul jets. The spat led to the withdrawal of billions of dollars' worth of jet deals by Airbus and prompted Qatar to increase purchases from Boeing. The deal heads off what amounted to an unprecedented public divorce trial between heavyweights in the normally tight-knit and secretive $150 billion jet industry. Airbus' decision to revoke that order, separate from the disputed A350 contract, had been criticised by global airlines group IATA. Airbus said it had done its best to avoid pushing Qatar too far back in the queue.

☆ Airbus Revives Order From Qatar Airways Following Paint-Dispute Settlement
▼ + stars: | 2023-02-01 | by ( Benjamin Katz | ) www.wsj.com time to read: 1 min

Airbus SE agreed to revive orders for close to 75 aircraft from Qatar Airways after reaching a settlement with the Middle East airline over a long-running dispute about chipping paint on its A350 wide-body models. A spokesman for Airbus said it would now go ahead with delivering 50 A321 narrow-bodies and 23 remaining A350 twin-aisles previously ordered from Qatar. The orders had been scrapped as part of an escalating legal battle between the two over paint. The companies earlier Wednesday disclosed in a joint statement that an amicable agreement had been reached between the parties.

☆ Airbus and Qatar settle A350 jetliner row
▼ + stars: | 2023-02-01 | by ( ) www.reuters.com time to read: +1 min

PARIS, Feb 1 (Reuters) - Airbus (AIR.PA) and Qatar Airways have settled a dispute over surface damage on grounded A350 jets, the companies said on Wednesday, averting a potentially damaging UK court trial. The "amicable settlement" ends a $2 billion row over the safety of Europe's premier long-haul jet - an unprecedented public rift that had led Airbus to revoke dozens of other jet orders from Qatar ahead of a scheduled June court trial. The announcement comes after Reuters reported that a deal could be reached as early as Wednesday. Airbus has acknowledged quality flaws but insisted that the jets are safe. Reporting by Tim Hepher Editing by David GoodmanOur Standards: The Thomson Reuters Trust Principles.

☆ Airbus and Qatar Airways settle A350 dispute
▼ + stars: | 2023-02-01 | by ( ) www.reuters.com time to read: 1 min

PARIS, Feb 1 (Reuters) - Airbus (AIR.PA) and Qatar Airways have settled a dispute over the degraded surface of grounded A350 jets, Airbus said on Wednesday, averting a potentially damaging UK court trial. The "amicable settlement" ends a bitter dispute over the safety of corrosion left exposed by cracked paint, which had led Airbus to revoke dozens of jet orders from the Gulf airline. Airbus said the deal was not an admission of liability by either party, both of whom would move forward as partners. Reuters reported earlier that a deal could be reached on Wednesday. Reporting by Tim Hepher Editing by David GoodmanOur Standards: The Thomson Reuters Trust Principles.

☆ Airbus and Qatar may settle A350 row as early as today -sources
▼ + stars: | 2023-02-01 | by ( ) www.reuters.com time to read: +1 min

PARIS, Feb 1 (Reuters) - Hopes are rising of a deal between Airbus (AIR.PA) and Qatar Airways as early as Wednesday to avert an unprecedented trial over the safety of the A350 jetliner and billions of dollars of cancelled orders, two people familiar with the matter said. France-based Airbus and Qatar Airways declined to comment. Qatar has challenged the world's largest planemaker over safety and taken it to court after cracks in the painted surface exposed gaps in a sub-layer of A350 lightning protection. Airbus has acknowledged quality flaws but insists the jets are safe and retaliated by revoking dozens of plane orders from Qatar. Reporting by Tim Hepher Editing by David GoodmanOur Standards: The Thomson Reuters Trust Principles.

☆ Airbus and Qatar edge towards agreement in A350 dispute - sources
▼ + stars: | 2023-01-31 | by ( ) www.reuters.com time to read: +2 min

[1/2] A view shows the Qatar Airways' airbus A350 parked outside Qatar Airways maintenance hangar in Doha, Qatar, June 20, 2022. REUTERS/Imad CreidiPARIS, Jan 31 (Reuters) - Airbus (AIR.PA) and Qatar Airways are edging towards an agreement to settle a bitter dispute over grounded A350 jets, two people familiar with the matter said on Tuesday. "There will be an agreement," one of the sources said, while another cautioned that the talks were still ongoing. Airbus and Qatar Airways had no immediate comment. The dispute between two of aviation's largest players has led to the unprecedented cancellation of large-scale orders from Airbus, and extra business for its U.S. rival Boeing (BA.N).

If everyone in the world expertly utilized credit card rewards to travel for free, there wouldn't be such amazing travel opportunities out there. Identify your travel goalsBefore you begin collecting credit card rewards, you should first identify your travel goals. Amex Membership Rewards points Capital One miles Chase Ultimate Rewards points Choice Privileges points Citi ThankYou points Hilton Honors points Hyatt points IHG Rewards points Marriott Bonvoy points Wyndham Rewards pointsYou travel with a large family Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Recommended credit card strategies for beginnersThe best practice for anyone new to credit card rewards is to invest in flexible points. You'll need: An annual fee-incurring Hilton credit card One of the greatest deals in credit card rewards is the free night certificate that comes with select American Express Hilton credit cards.

☆ Shipping Platform Freightos Goes Public in SPAC Deal
▼ + stars: | 2023-01-26 | by ( Paul Berger | ) www.wsj.com time to read: +4 min

Online freight booking platform Freightos Ltd. started trading shares publicly on Thursday through a merger with a special-purpose acquisition company, just as the booming shipping demand that helped fuel the digital startup’s growth shows signs of weakening. The company has seen booming business during the pandemic for its platform as shipping demand skyrocketed while tight capacity and supply-chain disruptions sent freight rates soaring. The Freightos platform operates like an Expedia or Travelocity for freight, allowing companies with goods to ship to compare prices and book space on planes and ships. In a note to new shareholders on Freightos’ website Thursday, Zvi Schreiber, the company’s chief executive and chairman, recommended that investors view Freightos as a long-term investment. Ezra Gardner, Gesher’s chief executive and a Freightos board member, said the SPAC gave Freightos more control than an IPO over whom the company’s main investors would be.

☆ Tata's Air India to seal half of jumbo plane order - sources
▼ + stars: | 2023-01-26 | by ( Aditi Shah | ) www.reuters.com time to read: +4 min

Air India did not respond to a request for comment. Reuters reported last month Air India was closing in on a deal for about 500 jets. The aim is to corner 30% of the domestic air travel market over the next five years thus narrowing the gap with market leader IndiGo. Tata's four airlines, including two budget carriers, Air India and Vistara its joint venture with Singapore Airlines (SIAL.SI), have a combined market share of 24%. Analysts have said Air India has the ability to claw back some passengers from rival Gulf carriers but not before it matches their quality of fleet and service.

☆ Airbus has changed the design of its A350 flagship jet amid its dispute with Qatar Airways over peeling paint
▼ + stars: | 2023-01-24 | by ( Taylor Rains | ) www.businessinsider.com time to read: +4 min

Airbus has changed the copper foil used on its A350 aircraft, which protects from lightning strikes. In 2021, Qatar Airways sued Airbus over chipped paint that exposes the copper mesh, citing a safety risk. According to Airbus, the company started "progressively" using PCF on A350 aircraft "fuselage section by fuselage section," starting with deliveries in late 2022. The change is significant considering Airbus' ongoing battle with Qatar Airways over the old copper foil — a dispute worth $2 billion, per Reuters. An undated image shows what appears to be paint peeling, cracking and exposed expanded copper foil (ECF) on the fuselage of a Qatar Airways Airbus A350 aircraft.

☆ Airbus implements A350 design change amid Qatar Airways feud
▼ + stars: | 2023-01-19 | by ( Tim Hepher | ) www.reuters.com time to read: +4 min

[1/3] An undelivered Airbus A350 built for Qatar Airways is seen in storage at Chateauroux, France, September 3, 2022 as Airbus and the Gulf carrier remain locked in a contractual and safety dispute. Qatar Airways has blamed the damage on a possible design defect. European regulators say the jets are safe but Qatar Airways says this can't be guaranteed without more detailed analysis. Qatar Airways seeks access to raw modelling data that would allow its technical experts to simulate the impact of lightning. In a recurring theme of the preliminary hearings, Airbus and Qatar Airways argued about how many emails and other records should be shared ahead of the trial.

What are credit card and bank rewards points worth? One great feature of the program is that all points are equal, so any account that earns Membership Rewards points has access to transfer partners. If you're a Bank of America Preferred Rewards customer, you'll earn 25% to 75% more points, depending on how much you have on deposit, but your rewards points are still worth 1 cent apiece. You can transfer points from Chase Ultimate Rewards, Amex Membership Rewards, and Citi ThankYou to JetBlue, but the ratio varies depending on the rewards program. However, those miles expire after 36 months regardless of your account activity, so only transfer miles when you have immediate plans to redeem them.

David Slotnick/Business InsiderAmerican Express Membership Rewards points are among the most valuable card rewards you can earn. You'll usually get the most value from Amex points by transferring them to airline and hotel partners. In fact, the Amex Membership Rewards program debuted way back in 1991 with just seven US airline partners. More Information Earn 80,000 Membership Rewards® points after you spend $6,000 on purchases on your new Card in your first 6 months of Card Membership. What to know about transferring Amex points to partnersAmerican Express Membership Rewards points are among the most valuable and versatile travel rewards out there.

The Citi Premier is offering 80,000 points (worth at least $800), but this elevated bonus won't be around much longer. Citi; InsiderThe Citi Premier® Card has been offering a record-high elevated bonus since last summer, but it's about to end. If you've had your eye on the record-high welcome bonus on the Citi Premier® Card, it's your last chance to apply. Insider's valuations peg Citi ThankYou points as worth 1.6 cents apiece, on average, so this bonus is potentially worth $1,280 in travel. You can find out all the details in our Citi Premier card review.

☆ The top 20 safest airlines in the world for 2023, according to experts
▼ + stars: | 2023-01-04 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

AirlineRatings.com has revealed the 20 safest airlines in the world for 2023, which includes five from the US. The website also revealed the top 20 safety low-cost carriers — another five of which were from the US. He also noted that the safety margins between the top 20 carriers were "very small," and that they are "all outstanding airlines." Meanwhile, the same five US carriers that made the list last year — Alaska Airlines, Hawaiian Airlines, United Airlines, American Airlines, and Delta Air Lines — maintained their spots in 2023. The organization also published the world's 20 safest low-cost carriers, which included five US carriers — Allegiant Air, Frontier Airlines, JetBlue Airways, Southwest Airlines, and Spirit Airlines.

☆ A judge ordered an airline to pay for therapy for a plus-size passenger who was stopped from taking her economy seat, reports say
▼ + stars: | 2022-12-22 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

Qatar Airways was ordered to pay nearly $3,700 to cover psychotherapy fees for a passenger. Plus-size model Juliana Nehme said she was blocked from flying because she was too big for economy. A Qatar spokesperson told Insider at the time that Nehme had been "extremely rude and aggressive." A court in Sao Paolo, Brazil has now ordered the airline to pay for psychotherapy for Nehme following the incident, Mail Online reported. Qatar Airways did not immediately respond to a request for comment from Insider.

☆ Airbus and Qatar Airways line up for new UK court tussle
▼ + stars: | 2022-12-16 | by ( Tim Hepher | ) www.reuters.com time to read: +3 min

The latest court confrontation comes as France's progression to the World Cup final in Qatar increases high-level contacts that have previously been seen as the opportunity to explore room for agreement. French President Emmanuel Macron was welcomed at Doha airport on his arrival for Wednesday's semi-final by officials including Qatar Airways Chief Executive Akbar Al Baker, Qatar News Agency reported. Qatar Airways says widespread paint cracking has exposed deeper surface damage on the jets, prompting it to stop taking deliveries. Airbus (AIR.PA) has acknowledged quality problems with its premier long-haul model but denies any risk to safety and has cancelled all outstanding new business with Qatar Airways, which has increased purchases from rival Boeing (BA.N). Additional reporting by Andrew Mills Reporting by Tim Hepher Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

In this guide, we'll give you a crash course on how to quickly earn credit card rewards and book free travel. If everyone in the world expertly utilized credit card rewards to travel for free, there wouldn't be such amazing travel opportunities out there. Identify your travel goalsBefore you begin collecting credit card rewards, you should first identify your travel goals. Recommended credit card strategies for beginnersThe best practice for anyone new to credit card rewards is to invest in flexible points. You'll need: An annual fee-incurring Hilton credit card One of the greatest deals in credit card rewards is the free night certificate that comes with select American Express Hilton credit cards.

☆ Morocco airline cancels World Cup fans flights, citing Qatar restrictions
▼ + stars: | 2022-12-14 | by ( ) www.reuters.com time to read: +1 min

[1/2] The CN-ROP Royal Air Maroc Boeing 737 makes its final approach for landing at Toulouse-Blagnac airport, France, March 20, 2019. "Following the latest restrictions imposed by the Qatari authorities, Royal Air Maroc regrets to inform customers of the cancellation of their flights operated by Qatar Airways," the airline said in an emailed statement. The Qatari government's international media office did not immediately respond to requests for comment. The RAM spokesperson did not immediately respond to Reuters request for comment. Qatar Airways did not immediately respond to Reuters request for comment.

☆ Boeing airplane deliveries picked up in November
▼ + stars: | 2022-12-13 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Boeing 's aircraft deliveries picked up last month with airlines getting more 737 Max and 787 Dreamliner planes. Boeing also delivered 32 of its 737 Max planes to carriers including United and Southwest . November deliveries also included the second-to-last Boeing 747, which went to Atlas Air Worldwide Holdings . Boeing logged orders for 21 planes in November, which did not include United's massive order for at least 100 Dreamliners, announced earlier Tuesday. So far this year, Boeing has delivered 411 planes and logged net orders for 571 planes.

☆ Qatar World Cup lays bare environmental cost of a desert tournament
▼ + stars: | 2022-12-02 | by ( Armelle De Oliveira | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | ) www.nbcnews.com time to read: +11 min

But as it hosts the soccer World Cup, controversy is also descending on the tiny Gulf kingdom. “The tournament has been labeled as the first ‘fully carbon neutral FIFA World Cup tournament,’ meaning its overall impact on the planet should be zero,” the letter said. People gather around the official countdown clock showing remaining time until the kick-off of the World Cup on Nov. 11. After winning the right to host the tournament, Qatar pledged to become the first carbon neutral World Cup host. “Events like the World Cup, like the football World Cup or like the Olympics bring joy and happiness to millions of people, sometimes even billions of people, right?” he said.

☆ Citi AT&T Points Plus Card review: Earn a $100 welcome bonus and up to $240 in annual statement credits for no annual fee
▼ + stars: | 2022-11-30 | by ( Tessa Campbell | Personal Finance Reviews Fellow | Read More | ) www.businessinsider.com time to read: +24 min

More Information The information related to the AT&T Points Plus℠ Card from Citi has been collected by Business Insider and has not been reviewed by the issuer. Review: Is the Citi AT&T Points Plus credit card the best card for you? Read our review Read Our Review A looong arrow, pointing rightFees and costsThe AT&T Points Plus℠ Card doesn't charge an annual fee. Does the Citi AT&T Points Plus card come with cell phone insurance? No, the AT&T Points Plus℠ Card unfortunately does not come with cell phone insurance.

Organizations: & $ $, & & $, & ' &

☆ Saudi Arabia announces plans for six-runway hub airport in Riyadh
▼ + stars: | 2022-11-28 | by ( ) www.reuters.com time to read: +2 min

RIYADH, Nov 28 (Reuters) - Saudi Crown Prince Mohammed bin Salman announced on Monday plans to transform Riyadh airport into a massive aviation hub with six parallel runways and designed to accommodate up to 120 million travellers by 2030, state news agency SPA reported. Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), will build King Salman International Airport, which should stretch over 57 square kilometres (22.01 square miles) and include current King Khaled airport, SPA said. Aviation is part of a government strategy to become a global transportation and logistics hub by 2030, with Riyadh airport as the operation base of a brand new airline, RIA, that would compete with regional heavyweights Emirates and Qatar Airways. The kingdom has set itself high targets for diversifying its economy and reducing its dependence on oil, pouring hundreds of billions of dollars into a plan called Vision 2030 initiated by the kingdom's de facto ruler Prince Mohammed. It added King Salman airport would create 103,000 direct and indirect jobs, handle 185 million travellers and process 3.5 million tons of cargo by 2050.

☆ A plus-size model says Qatar Airways didn't let her board a flight because she was too fat for an economy seat
▼ + stars: | 2022-11-26 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +2 min

A plus-size Qatar Airways passenger said she was denied boarding because she was "fat." Juliana Nehme said she was told to buy a first-class ticket as she wouldn't fit in an economy seat. Qatar said Nehme became "extremely rude and aggressive" after failing to produce correct documents. She said Qatar told her to pay about $3,000 to upgrade to first class and refused to refund her the $947 she spent on her economy flight. Nehme was put on a later flight from Lebanon, the Qatar spokesperson said.

☆ Reality ends some Qatari dreams of World Cup rental bonanza
▼ + stars: | 2022-11-25 | by ( Andrew Mills | ) www.reuters.com time to read: +6 min

"We were in contact with half of the city, all the big real estate companies ... A week before the World Cup began on Nov. 20, the rate was $250 a night, the broker said. Eleven days before kick-off, organisers had said there were at least 25,000 rooms available for every night of the World Cup. "Never ever, at no World Cup, have I heard anything like this," said Bauer of the last-minute charges. His Khaya agency has block-booked accommodation and sold rooms to fans, FIFA sponsors and other officials at three previous World Cups.

Search resuls for: "QATAR Airways"

25 mentions found