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Emirates airline to cut up to 9,000 jobs
EmiratesJuly 12, 2020 ET
Emirates airline has cut a tenth of its workforce during the novel coronavirus pandemic in layoffs that could rise to 15 percent, or 9,000 jobs, its president said, according to a report on Saturday.
GATCO urges the UK Government to engage in air navigation services funding talks
HeathrowJuly 12, 2020 ET
GATCO has called on the Secretary of State for Transport, Rt Hon Grant Shapps, to begin discussion on the future funding of Air Navigation Services (ANS), recognising its role as a critical element of the UK’s transport infrastructure, involving all aviation stakeholders and professional organisations.
London Stansted to appeal UDC’s flawed planning refusal
London StanstedJuly 12, 2020 ET
London Stansted has today confirmed that it will appeal the decision made by Uttlesford District Council’s Planning Committee to refuse the airport’s application to increase the current cap on passenger numbers from 35 to 43 million a year.
FAA proposes $101,250 civil penalty against Exodus Aircraft of Wilmington, Del.
Exodus AircraftJuly 12, 2020 ET
The U.S. Department of Transportation’s Federal Aviation Administration (FAA) proposes a $101,250 civil penalty against Exodus Aircraft LLC, of Wilmington, Del., for allegedly violating a number of aircraft-operation regulations.
Germany: Second phase review initiated with regard to Kaufland’s acquisition of Real stores
KauflandJuly 12, 2020 ET
The Bundeskartellamt has initiated an in-depth examination also referred to as a second phase review in the context of Kaufland’s planned acquisition of up to 101 Real stores from SCP Retail since further investigations regarding the relevant sales and procurement markets are necessary.
SpaceX postpones Starlink launch attempt
SpaceX rocketJuly 11, 2020 ET
SpaceX postponed the latest launch of a new Starlink satellite fleet again Saturday citing the need for more checks of the mission\'s Falcon 9 rocket.
Boeing delivers final Apache helicopters to India
Apache helicopterJuly 11, 2020 ET
On Friday, Boeing India confirmed that the final five of the 22 Apache attack helicopters and 15 Chinook choppers have been handed over to the Indian Air Force.
Fiat Chrysler recalls 925,239 U.S. vehicles to replace air bag covers
Fiat Chrysler air bag coversJuly 10, 2020 ET
Fiat Chrysler Automobiles said on Friday it would recall 925,239 of its older model vehicles in the United States to replace air bag covers on their steering wheels after 14 potentially related injuries.
Royal Caribbean Group acquires remaining interest in Silversea
Royal Caribbean cruisesJuly 10, 2020 ET
Royal Caribbean Group has purchased the remaining shares of Silversea Cruises, a pioneer and leader in ultra-luxury and expedition cruising.
Harley-Davidson to fire 700 people
Harley-DavidsonJuly 10, 2020 ET
Harley-Davidson announced an overhaul of its global operating model, including a leaner, more nimble organization.
Norilsk Nickel disagrees with methodology for calculating damage caused by diesel fuel spill
Norilsk Nickel ArcticJuly 10, 2020 ET
Nornickel announces that it disputes the amount of damage caused to the environment as a result of the diesel fuel spill, which has been calculated by the Federal Service for Supervision of Natural Resources Management (Rosprirodnadzor).
Punjab National Bank reports 492 million USD fraud
Punjab National BankJuly 10, 2020 ET
India\'s second largest state owned lender Punjab National Bank has reported a fraud worth 4922 million U.S. dollars involving the accounts of a private housing finance company, as per the filing with the Bombay Stock Exchange by the bank late Thursday.
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