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JetBlue has cut or suspended a further nine routes based on its schedule filing over the weekend. It follows the removal of 27 routes last month, with more since materializing. The following routes were all expected to operate through this summer. All but two still will, but far later than anticipated. That includes two summer-seasonal routes from Newark to…
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Twitter will be acquired by Elon Musk for $44 billion. A month earlier, the richest man in the world began buying shares in the company, complaining that the social media network wasn’t doing enough to ensure free speech. He had been rebuffed for weeks before the two sides struck a deal over the weekend that…
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Israel’s central bank will add Chinese yuan while slashing its dollar and euro holdings in a move to diversify its reserve allocations and lengthen its investment horizon, Bloomberg reported. “We need to look at the need to earn a return on the reserves that will cover the costs of the liability,” Deputy Governor of the Bank of…
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The end of the rainbow may not have a pot of gold—but a pot of something entirely different. Thousands of people have reported stomach pains, nausea, vomiting, and diarrhea after eating Lucky Charms, the “magically delicious” sugar-coated cereal fronted by a cartoon leprechaun that feebly tries to prevent hungry children from getting his colorful charm-shaped marshmallows. The…
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London Biggin Hill Airport-based charter and cargo airline Jota Aviation ceased operations over the Easter weekend. The airline, which began operations in 2009, has not yet commented publicly on the closure. But last year, Jota Aviation said the pandemic, Brexit, and EU red tape were all causing problems at the airline. Jota Aviation calls it…
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American’s new leader promises that his airline won’t be hit with cancellations that the competition is currently suffering from. Robert Isom took over as American’s CEO on March 31st, just ahead of what is set to be the airline’s biggest recovery in history. Isom’s key promise is a big one: creating a reliable airline ahead…
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As a result of severe outbreaks of bird flu in France and the United States, global egg supplies are tightening and prices are rising as the war in Ukraine impacts exports to Europe and the Middle East. More than 19 million eggs-laying chickens have been wiped out by bird flu on commercial US farms this…
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Elon Musk, CEO of Tesla, has offered to buy Twitter, saying he is the right person to “unlock” the social media platform’s potential. Musk said he would pay $54.20 per share for Twitter, valuing it at $41 billion. Musk has recently been revealed to be Twitter’s largest shareholder after he acquired a large stake in…
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The Turkish flag carrier has reached an agreement to fly 1.5 million Russian tourists into the country over the year. As part of a $300 million government-backed scheme that will also involve the creation of a new charter airline, the airline will allocate 1.5 million seats to Turkish tour operators offering travel packages to Russians…
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After two years of impact due to the COVID-19 pandemic, TAP Air Portugal is back in full force in Brazil. The airline is now operating all the routes it served in April 2019 and has even added additional flights in specific routes. Let’s investigate further. As of April 2022, TAP Air Portugal has completely restored its flight operations…