Transport Minister said that the Irish government will enact legislation by mid-July lifting a limit on passenger numbers at Dublin Airport. This has been criticized by European and U.S. carriers. The government is rushing to lift the cap of 32 million passengers per year, which has been suspended in anticipation of a ruling from the European Court. Last year, the airport exceeded its limit by four million passengers. Darragh O'Brien, Ireland's Transport, Energy and Climate Minister, said in a?interview that he hoped to have the legislation passed by the Dail (lower chamber of parliament) and Seanad, the upper house, before...

Transport Minister of Ireland,?Friday, said that the Irish government will enact legislation?by mid July to lift a passenger cap at Dublin Airport. This has been criticized by U.S. Airlines. The government is rushing to lift the 32 million passenger cap per year, which has been suspended in anticipation of a ruling from the European Court. Last year, the airport exceeded its limit by four million passengers. Darragh O'Brien, Ireland's Transport, Energy and Climate Minister, said in an interview that he hoped to have the legislation passed by the Dail, the lower house of parliament, and the Seanad, the upper house,...

Here are some company news and stories that could impact the markets or individual stocks in France and Benelux. COMPAGNIE DES ALPES Compagnie des Alpes, a French ski resort operator and leisure park operator, reported that its EBITDA for the first half of 2013 rose?5.0% from 327.7 millions euros to 380.59 millions euros. QUALITY SA: Quadient, a global automation platform provider, reported a first-quarter revenue of 243 million euros. AIR FRANCE-KLM, Airbus Air France-KLM, Airbus and other airlines announced on 'Thursday that they would appeal to the French Supreme Court after an appeals tribunal found them guilty on Thursday of...

Air India CEO Campbell Wilson stated on Thursday that the next Air India CEO will have "a lot on their plate" as they deal with the fallout of the Iran War, a ban to use the?airspace of Pakistan and a strong dollar. Wilson announced that he will be leaving in two months. Wilson said at a New York luncheon event that the next four years will be challenging, but in a new way. "The person who takes over will be busy, but I want to ensure that the right person has been put in place to continue this." has reported...

Air India CEO Campbell Wilson said on Thursday that his successor would have "hands-on" work, as the carrier deals with the fallout of the Iran War and the strong U.S. Dollar. Wilson, who announced his resignation from Air India last month, has said that he will be leaving the company in two or three months. Wilson said that the next four years will be "just as challenging, but in a slightly different way" at a luncheon event in New York. "The person who takes over the role will have a lot on their plate, but I want to make sure...

The State Department announced Thursday that as Ebola cases increase in the Democratic Republic of the Congo (DRC), Uganda, and South Sudan, Americans who visited these countries within the past three weeks should only return to the United States via Washington Dulles, for enhanced screening. In response to the Ebola epidemic, Customs and Border Protection and the U.S. Centers for Disease Control and Prevention are implementing enhanced public health screenings at Dulles. CBP reported that an Air France flight on Wednesday from Paris to Detroit was diverted to Montreal because a passenger "in mistake" from the DRC boarded. Marco Rubio,...

EasyJet, a British budget airline, reported a loss of £552 million ($741.39 millions) in the first half on Thursday. However the outlook for the full year remains uncertain due to the Iran War driving up fuel prices and bookings slipping during the summer peak season. The warning comes at a time when the Iran conflict is continuing to "disrupt" global aviation. Jet fuel prices have risen by more than 80% in the last few months, forcing airlines to raise fares or cut capacity, and even absorb margin pressure, as flow through the Strait of Hormuz has been constrained. In recent...

The 'Iran War' has continued to impact?jet fuel prices and consumer bookings as we head into the crucial summer season. The war has impacted the global aviation industry, forcing airlines to increase fares or reduce capacity, as well as causing jet fuel prices to rise by more than 80%. Easyjet's April-September bookings accounted for 77% of the total at this point in time, a year earlier. Easyjet's bookings for April-September were 77% sold at the same point last year....

Australia will introduce biofuel blend mandates in order to increase energy security and encourage 'local production,' a spokesperson for the government said. He added that the development of the policy was a top priority following the war with Iran, which threatened fuel imports. Australia is a major exporter of biofuels, such as canola and tallow. However, it imports most of its fuel. Since the Iran War began in late Feburary, many countries have sought to increase their biofuel production. This has resulted in a reduction of the hydrocarbons exported through the Strait of Hormuz. After the war, the front pages...

Gregor Stuart Hunter gives us a look at what the future holds for European and global markets. Samsung Electronics is still fighting over the issue of pay. The planned strike that was due to begin today has been averted at the 11th hour by a deal reached between the company and its union last night. However, a group of disgruntled investors have threatened to ruin the entire thing. The details of the deal, which includes bonuses of about $416,000 for certain staff, paid mostly in stock, have attracted attention. Investors have largely ignored the drama and are bidding up Samsung...

Middle Eastern carriers increased capacity following the Iran War, and airlines outside the Gulf have rerouted flights between Europe & Asia away from major hubs within the region. The following is a list of the latest flights in alphabetical order. AEGEAN AIRLINES On May 21, Greece's largest airline will resume flights from Heraklion to Tel Aviv. Thessaloniki-Tel Aviv flights are cancelled up until June 26. Flights to Riyadh, Amman and Erbil will resume on May 21. The airline has cancelled flights to Dubai until June 29 and Erbil and Baghdad until July 2. AEROFLOT The Russian flag carrier announced that...

A sinkhole forced the closure of one of the runways at New York’s LaGuardia Airport on Wednesday, causing cancellations and delays. Emergency repairs are also ongoing. Port Authority of New York and New Jersey, the airport management agency for New York City, announced at 11:15 a.m. The?airfield at LaGuardia was being inspected by officials every morning when they discovered a sinkhole. The authority warned that "travelers can expect delays and cancellations today, especially with the forecasted thunderstorms." The Federal Aviation Administration has announced that it is slowing down flights to LaGuardia Airport due to the weather and sinkhole. FlightAware is...