FRIDAY MAY 03, 2024
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Tag: politics
NEWS Feb 14, 2024 European Union Approves Korean Air's $1.4 Billion Acquisition of Asiana Airlines A merger between South Korea's two largest airlines, Korean Air and Asiana Airlines, has been under discussion for several years. After uncertainty over the merger's status, news emerged showing that progress is continuing. On February 13, the European Commission approved Korean Air's acquisition of Asiana Airlines, providing another green light for the merger. Read More →
NEWS Feb 13, 2024 Taylor Swift's Controversial Private Jet Flights: Examining the Legality of Flight Tracking Taylor Swift's private jet utilization has increased as she continues to become popular. In 2023, she produced 138 tons of carbon from flying on her private jet, 1200 times greater than the average human's carbon dioxide emission per year. In the wake of Swift's woes, celebrity use of private jets has become a hot-button issue. Read More →
NEWS Feb 07, 2024 EU General Court Declares Netherlands' €3.4 Billion Aid to Air France-KLM Illegal The General Court of the European Union has ruled that the Dutch government's multi-billion dollar aid to KLM in 2020 was illegal. European low-cost giant Ryanair has praised the ruling, calling for the Court to recover the illegal aid. Read More →
NEWS Feb 05, 2024 Hundreds of Flights Canceled at German Airports as Lufthansa Employees Go on Strike Lufthansa ground staff at multiple major German airports are set to go on strike later this week. The strike, set to last from 4:00 a.m. on February 7 to 7:00 a.m. the following day, is the latest to hit the German transportation industry following strikes at railway companies over demands for a shortened work week. The upcoming strikes will affect Lufthansa, as the airline is already reeling from a previous strike last week. Read More →
INFORMATIONAL Feb 02, 2024 Why South Africa's Aviation Industry is Collapsing Amid Flag Carrier Bankruptcy and Economic Issues South Africa's aviation industry, once a symbol of the country's economic prowess, currently navigates turbulent skies. The collapse of South African Airways (SAA), the national carrier, and broader economic strains have created a perfect storm, threatening the industry's survival. Read More →
NEWS Jan 29, 2024 Finnair Cancels 550 Flights Ahead of Anti-Government Protests by Labor Unions Ahead of labor union strikes against the Finnish government, flag carrier Finnair is expected to cancel around 550 flights this week, significantly hampering the airline's operations and air traffic across Finland. While the strike is not directly related to Finnair and its operations, the slew of cancelations suggests that many airline and airport employees will participate. Read More →
NEWS Jan 26, 2024 Boston Airport Disrupted as Migrants Sleep in Terminals Amid Growing Crisis The migrant crisis in the United States has been hitting the news headlines for weeks now as the situation reaches new heights. Due to shelter capacity issues across Massachusetts, many migrants have been forced to spend nights at Boston Logan International Airport. Read More →
NEWS Jan 18, 2024 Hawaiian-Alaska Merger Halted Amid Lawsuit by Company Shareholder In December, Alaska Airlines announced plans to merge with Hawaiian Airlines. If this merger were approved, the airlines of the 49th and 50th U.S. states would join forces, albeit remaining separate entities. Despite this, a Hawaiian Airlines stakeholder filed a lawsuit against the merger to prevent it from proceeding. Read More →
NEWS Jan 17, 2024 Boeing's Problems Expand to Politicians After U.S. Government 737 Plane Breaks Down in Switzerland U.S. Secretary of State Antony Blinken was due to return to Washington from Davos, Switzerland on January 17. However, he could not due to a critical malfunction with his Boeing aircraft. The aircraft in question was a modified Boeing C-40, a U.S. Air Force aircraft assigned to Joint Base Andrews. The incident is unrelated to previous Boeing troubles with the 737 MAX aircraft, although the C-40 is a modified 737 aircraft. Read More →
NEWS Jan 16, 2024 Federal Judge Blocks $3.8B Acquisition of Spirit Airlines, Stock Plummets 61% A Federal Judge blocked the acquisition of Spirit Airlines by JetBlue, a merger that would have produced the fifth-largest airline in the United States. The ruling by District Judge William Young from Boston cited antitrust laws, saying the merger "does violence to the core principle of antitrust law: to protect the United States' markets -- and its market participants -- from anticompetitive harm." Read More →