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Passenger Transportation Services
Norwegian Air will buy Nordic Leisure Travel Group at $843 Million
Norwegian Air, a budget airline, announced on Tuesday that it has agreed to?buy the package holiday company Nordic Leisure Travel Group. The deal is worth around 8.94 billion Swedish crowns (US$842.90m) in cash and stocks. Norwegian stated that the 'deal', which includes tour operator and hotel brand names, would create a Nordic Travel Group serving 'roughly 30 millions customers annually. Revenues will increase by close to 50%, and earnings will be accretive starting in 2027. Norwegian Air CEO Geir Carlsen stated in a press release that "we?see an opportunity to grow our hotel and holiday sales amongst our existing customers."
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Transportation
China's Xi supports Myanmar's President as the two leaders meet in Beijing
Chinese President Xi Jinping on Tuesday endorsed the ?political leadership of Myanmar's military chief-turned-president Min Aung Hlaing as the ?two met in Beijing to ?map out the future development ?of ?bilateral ties. "I'm willing to continue strengthening (our countries' bilateral ties), to carry forward the brotherly relationship between our two nations, and to deepen comprehensive strategic collaboration," Xi said to his Myanmar counterpart according to Chinese state television CCTV. Min Aung Hlaing will be in China until Friday for a 5-day state visit. This is his first trip since he formalised his power after the controversial elections that took place
Passenger Transportation Services
Passenger Transportation Services
El Al Airlines of Israel signs an internet deal with El Musk's Starlink
El Al Israel Airlines announced on Monday that it had?signed a contract with Elon Musk’s Starlink?to provide high-speed Internet across its entire fleet from next year. The financial details of the agreement were not revealed. Israel's flag-carrier said SpaceX's Starlink would be offered at no additional cost and would allow for hundreds of passengers to connect simultaneously. This would include long-haul flights. Fast in-flight Wi Fi has become a key perk for premium airlines to attract customers. Starlink, the company that operates two-thirds (or more) of the satellites in space and generates most of SpaceX's revenue, has signed up 11...
Passenger Transportation Services
State highway patrol reports 12 deaths in Missouri plane crash
Law enforcement officials reported that 12 people died in the crash of a private plane on Sunday in Butler, Missouri. Missouri State Highway Patrol reported that the crash happened near Butler Memorial Airport about 60 miles south of Kansas City. The?agency posted on X that "at this time, reports indicate that all occupants (12 in total) have died." A spokesperson for Bates County Emergency Management confirmed to local TV station Fox4 that the victims included 11 skydivers and one pilot. Bates County Sheriff Chad Anderson told reporters that the plane had taken off from Butler Memorial Airport and crashed shortly...
Passenger Transportation Services
Manhattan erupts in chaos after Knicks victory, with a World Cup bus on fire
A World Cup bus caught fire and a teenager was wounded by a gunshot in chaotic scenes that broke out in Midtown Manhattan late Saturday night as basketball fans poured onto the streets to celebrate the historic victory of the New York Knicks in the NBA Finals. After spilling from packed bars and outdoor venues and chanting, "Knicks in Five!" some fans fired smoke grenades and set off fireworks. Fans celebrate their team's win in the fifth of seven possible games by setting off fireworks and firing smoke grenades. The New York Knicks are yet to win a championship since...
Passenger Transportation Services
EU agrees to continue compensating passengers for delays in flights
Reporters were told that the European Union countries had agreed to maintain the three-hour delay compensation threshold in the EU's upcoming set of airline passenger rights. They also agreed to ask for greater transparency regarding fees for carry-on luggage. The diplomat stated that the 27 member states would now submit their proposals to the Parliament which would evaluate them from Monday. The European Commission and the EU members had been at odds over a package of measures that was first proposed by the EU executive more than a decade ago. The Commission proposed that the compensation threshold be raised to...
Passenger Transportation Services
Air India wants to delay hundreds of jet deliveries - sources
Air India wants to delay the delivery of hundreds?of jets ordered from 'Airbus and Boeing' in order to cut costs, according two people familiar with the situation, who confirmed a Bloomberg article. Air India and Boeing did not respond to a request for comment. Air India, under the new majority owners Tata Group, placed a record-breaking order in 2023 for a total 470 Jets. It also leased another 25 jets. Airline faces increasing losses and operational disruptions due to the conflict in Iran, which is compounded by Pakistan's ban on airspace and a crisis following a deadly Boeing 787 crash...
Passenger Transportation Services
Pope's return from Spain delayed due to technical issues with the plane
After a technical problem on his plane Friday, Pope Leo had to delay his return to Rome after a seven-day tour of Spain. As the?plane taxiing to the runway with Pope Leo and Vatican staff,?journalists and other passengers was about to take off when the captain announced a problem. Leo was escorted by King Felipe back to the airport after he had already 'boarded' his flight operated by carrier Iberia, following a 'wave-off by King Felipe, and other dignitaries from Spain. A spokesperson for Iberia said that maintenance specialists were checking out a technical issue, but did not provide any...
Passenger Transportation Services
There are some flights to the Middle East that have resumed but there is still disruption.
The Middle East is slowly getting back on the map as regional carriers work to rebuild their schedules following the war's disruption. However, the conflict continues disrupting a wider range of traffic. Middle Eastern airlines added capacity following severe disruptions linked to the Iran War, while many carriers outside the Gulf continue to divert Europe-Asia flight to avoid the Middle East. The latest flight information is listed below alphabetically: AEGEAN AIRLINES Thessaloniki-Tel Aviv flights were cancelled by Greece's biggest?carrier until June 26. Dubai flights are cancelled until August 31 and Baghdad and Erbil flights until September 30. AIRBALTIC AirBaltic, a...
Passenger Transportation Services
Air India crash: a year after the tragedy, there is still no final report and families are seeking answers
Indian investigators said 'on Friday' that they were still analyzing evidence 'from 'last year's Air India Boeing 787-8 crash' and did not give a timeline for a report's finalization. Families of the 260 people who died pressed for an answer on the first anniversary of the disaster. The Aircraft Accident Investigation Bureau said that it has made "significant progress" in examining aircraft systems and flight recorder data. It also examined engine components, maintenance records, and operational records. The report did not specify a time frame for its release, only saying that it would come out 'only when all the investigative...
Passenger Transportation Services
Sicily By Car founder under police protection after arson attacks
Tommaso Dragotto said in a?interview on Friday that he was given a police escort following a?series of attacks?on?his business. The latest incident that prompted the decision to put the 88 year old under protection was the burning of a car depot for a Sicilian company in Palermo in the early morning hours of Thursday. Eleven vehicles were destroyed. In the past three months there have been two other arson incidents, and in March Italian media reported that shots were fired near the entrance of a company site. "Three (arson attacks) in 80 days is just too much." I didn't want...
Passenger Transportation Services
Hamburg Airport: Delays and cancellations after evacuation due to security concerns
A spokesperson for the airport said that there would be significant delays on Friday at Hamburg Airport after a terminal was evacuated because of a security issue. "The federal police's precautionary measure has now ended, and passengers are passing through security again." The spokesperson confirmed that flight operations have resumed. "However, there will be a number of delays, some significant, all day long. "Flights will be cancelled all day long," she said without specifying the number of cancellations. A federal police spokesperson confirmed that the incident took place at 0945 local time (0745 GMT), when a man accidentally pressed an...
Passenger Transportation Services
Families of victims mark anniversary of Air India crash with prayers and tributes
Families of those 260 people who were?killed in an Air India 'Boeing 787 crash that occurred in Ahmedabad one year ago?will gather this Friday to pray and pay tribute by candlelight to mark the anniversary. Some of the relatives attended a commemoration earlier in the day at B.J. Some of the relatives who attended the memorial ceremony earlier that day, near the site where the plane crashed in a student hostel, were joined by politicians, government officials, and foreign dignitaries. The damaged hostels, which bear the scars from the crash of June 12, 2025 remain closed. The state government of...
Passenger Transportation Services
Fire disrupts flights at Wellington Airport in New Zealand
On Friday morning, a fire broke out at Wellington Airport in the capital of New Zealand. Flights were diverted and passengers evacuated from the main terminal. Fire and Emergency New Zealand spokeswoman said that crews attended the fire "alongside" the airport's fire brigade. Five?fire apparatus, two ladder trucks, and a command center were said to be?at scene. Wellington Airport said that the main terminal and southwest pier had been evacuated, and that no injuries were reported. It said that "Flights to Wellington have temporarily been diverted, and passengers are advised to contact their airline for specific information about specific flights."...
Ground Transportation
Amtrak, the US passenger rail company, sets a record for ridership and cuts losses
Amtrak, the U.S. passenger rail company, said Tuesday that it had set records for revenue and ridership in a single year. It also cut its losses by 15 percent to $598 millions and is aiming for profitability by 2028. Amtrak is a major effort in rehabilitating the infrastructure of the Northeast corridor between Boston, Massachusetts and Washington. It is expanding service throughout the United States by purchasing new Acela trains with higher speeds and replacing regional trains from next year. Amtrak reported that in the twelve months ending September 30, it had 34,5 million trips made by customers, an increase...
Whaleboat sinks into river in Congo, killing at least 107 people
According to a government internal report viewed by us on Friday, at least 107 people died when a whaleboat caught blaze in the west of Democratic Republic of Congo. In a memo, the Ministry of Social Affairs stated that 146 people were missing after the boat, which was a narrow double-ended open vessel, caught fire near Malange Village in Lukolela Territory on Thursday night. The note stated that rescue teams recovered 209 survivors after the vessel burnt and drifted downriver. The fire destroyed the cargo and 15 riverside houses. The search operations continued Friday, with community volunteers and naval personnel...
As inventories shrink, premiums for copper contracts on the nearby LME soar.
The premiums for copper contracts near London Metal Exchange have increased to their highest level since October 2022 due to low inventories, large cash contracts and warrants held by traders. The title document that confers ownership on metal is a warrant. Tom-next, also known as the premium or backwardation that is charged for purchasing copper tomorrow and then selling it the next day, is currently trading at above The price of a metric tonne is $48. This compares to a $2 discount at the beginning of the week. The premium for the cash Copper Contract over the Three-Month Forward It...