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European airlines are grappling with declining profits amid rising operational costs and delivery delays from Boeing. Ryanair reported an 18% drop in profits, while Air France-KLM's earnings fell short of expectations due to reduced travel during the Paris Olympics. British Airways' parent company, IAG, posted strong profits, contrasting with its competitors' struggles.
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Ryanair's CEO Michael O'Leary condemned the UK government's planned increase in Air Passenger Duty (APD), set to take effect in April 2026. He argues this will hinder UK tourism and make air travel more expensive, potentially reducing passenger numbers by five million. The Chancellor defends the increase as necessary to address inflation.
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In a surprising turn, Kamala Harris has taken a narrow lead over Donald Trump in Iowa, a state previously considered solidly Republican. This shift, driven by increased support from women and older voters, raises questions about the electoral landscape as Election Day approaches.
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Singapore Airlines is investing over $800 million to retrofit its long-haul fleet with new first-class and business-class seats, responding to a resurgence in demand for luxury travel. The airline aims to enhance passenger experience with privacy doors and upgraded amenities, while competing against Gulf carriers and addressing evolving customer preferences.
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On November 13, 2024, American Airlines Flight 298 from Honolulu to Los Angeles was directed to perform an expedited climb after failing to make an assigned turn, putting it on a collision course with the Koʻolau mountains. The FAA is now investigating the incident, which ended safely with no injuries.
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AviAlliance has agreed to purchase AGS Airports, which includes Aberdeen, Glasgow, and Southampton airports, from Ferrovial and Macquarie for £900 million, plus assuming £653 million in debt. The deal is expected to finalize in early 2025, marking a significant shift in UK airport ownership.