The local train operating company halted all trains for a day on Monday, causing disruption to commuters and travellers arriving in Milan. The strike affected Trenord trains running between Milan's Malpensa Airport and the city centre as well as suburban lines from nearby cities like Bergamo or Brescia. Milan, Italy's financial capital, is preparing to welcome athletes, media representatives and delegates - just in time for the Milano Cortina Games opening on Friday. The regional branch of ORSA Ferrovie has called the strike in support of an ongoing dispute over "contract renewal" and worker safety. The local Olympic organizing committee...

In a late-Sunday newspaper article, EU Industry Chief Stephane Sejourne, who was co-signed by more than 1,100 CEOs, said that Europe must protect its own industries through a "Made in Europe" strategy. Sejourne wrote in an article published in newspapers all over Europe that "Without a pragmatic, ambitious and effective industrial policy, Europe's economy will be destined to become a playground for competitors." The French member of European Commission stated: "We need to?establish a true European preference once and for all in our most important strategic?sectors." The article was signed by CEOs from a wide range of industries including ArcelorMittal...

Bryan Bedford, the head of the U.S. Federal Aviation Administration, said that his agency had accepted the findings of the U.S. National Transportation Safety Board. The board found that the FAA was responsible for a series systemic failures that led to the mid-air crash that killed 67 last year. The collision of an American Airlines regional plane and an Army Black Hawk near Ronald Reagan Washington National Airport in January 2025 was the worst aviation accident to hit the United States in over two decades. The NTSB concluded last week that the FAA allowed helicopters to fly close to airports...

China's Spring Festival travel rush, which is a 40-day period that's often referred to the largest annual 'human migration' in the world, began on Monday, ahead of a long Lunar New Year holiday. The Lunar New Year of this year, which ushers in the Year of the Horse according to the Chinese zodiac falls on February 17. It will also be accompanied by a nine-day extra-long public holiday in China that runs from February 15 through 23. The Chinese consumer is expected to spend more during the festival season, on travel and meals. Many Chinese consumers are frightened by the...

China's Spring Festival travel rush began on Monday, ahead of the extended Lunar New Year holiday. The 40-day period is commonly known as the largest human migration in history. The Chinese Lunar New Year falls on 17th February this year, and is accompanied by a nine-day long public holiday, which will run from 15th to 23rd February. The Chinese consumer is expected to spend more on travel, food and other items during the festival season due to a longer break (last year’s holiday was eight days). Chinese consumers are hesitant to spend money because of the uncertain economic future. They...

On the eve?Singapore Airshow, Monday, aviation leaders addressed barriers to growth as well as the impact of geopolitical conflicts. They also reaffirmed their commitment to reduce emissions. The head of the International Air Transport Association has warned that supply chain problems will continue to hurt global airlines for some time. Willie Walsh, Director General of IATA, said that "this disruption continues to have major impacts" at the Changi Aviation Summit ahead of Asia's biggest air show. Airbus and Boeing are facing supply chain issues since the COVID-19 outbreak, while engine manufacturers like GE Aerospace or Pratt & Whitney have to...

Commuters in Germany were faced with freezing temperatures and empty platforms as tens of thousands of public transport workers walked out on the job during a strike called Verdi. This resulted in the suspension of bus and tram services across most German cities. Verdi, the union that represents almost 100,000 transport workers, called for a strike last week after discussions with employers at municipal and state levels over?working conditions' stalled. Even as cities struggle with budget restrictions, the union wants shorter shifts and longer rest periods. In all but one of Germany’s 16 federal states (including Berlin, Hamburg, Bremen), the...

His mother confirmed that the child, who was thrown off a bus by his mother in northern Italy because he didn't have the full fare on him, will be a part of?the opening ceremonies of the Milano?Olympics Winter?Olympics? on Friday. Riccardo Z was an 11-year old boy who lived in a small town, less than 20 kilometers (12 miles), from Cortina d'Ampezzo. He did not have the money to pay for a surcharge on bus fares introduced by local transport companies for 'the Olympics' and had no choice but to walk home six kilometres through sub-zero temperatures and snow. This...

AMSTERDAM, 1 February - Airline KLM has resumed flights to Israel, the United Arab Emirates, and Saudi Arabia. It announced this late on Saturday after announcing that it would not fly over many parts of the Middle East because of 'rising tensions in the region. We have adjusted our schedule to resume flights on February 2, 3 and 4. KLM announced that flights to Dubai will be operated from February 1 to 6, with a modified schedule. KLM, Dutch arm of Air France KLM, has announced that it has already resumed flights in other destinations, including Riyadh, and Dammam. The?airline...

Brazilian airline 'Azul' secured $1.37billion in a bond issuance, the company said in a filing on Friday. This is a crucial step towards exiting Chapter 11 bankruptcy proceedings. The firm stated that the coupon for the secured notes due in 2031 was set at 9,875%. It added that the issue is expected to be completed on February 6. The transaction exceeded the $1.21 billion that was initially anticipated, with a demand of more than $9 billion. Two sources who are familiar with this matter also said that the yield on the issue was 10.125%. Azul announced last week that it...

The Federal Aviation Administration finalized on Friday a rule that will require cockpit voice recorders in all new passenger aircrafts to retain 25 hours of data by 2027, compared to the current 2-hour loop. Since 2018, the National Transportation Safety Board (NTSB) has been advocating for the change. The United States, however, is lagging behind many other countries in terms of the requirements for commercial planes. The voice recorder records transmissions, sounds and voices in the cockpit. This includes the pilots' and engine noises. It can be vital in determining why plane crashes happen. The FAA rule that was proposed...

His 'family' said that an 11-year old schoolboy, who didn't have enough money to pay the bus fare surcharge for the Winter Olympics in Milano Cortina, was forced by sub-zero temperatures and snowy conditions to walk home?6 km (3.8 miles). Corriere della sera, Italy's largest circulation daily, has featured the story of Riccardo on its front page, amid concerns about price gouging during the Games from February 6-22. Dolomiti Bus, a local transport company, has increased the daily fare on a 'bus route' to Cortina d'Ampezzo (one of the Olympic venues) to 12 euros in exchange for more frequent service...