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13.03.26 - 16:36
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Bailiffs board Ryanair plane after airline refuses to pay delayed flight compensation (The Guardian)
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Austrian officials took action after airline ignored court order to pay €890 to unnamed womenBailiffs have boarded a Ryanair aircraft after the airline refused to pay compensation to a passenger whose flight was delayed.Austrian officials took action after the budget carrier ignored a court order to pay the unnamed woman €890 (£742) in legal costs and compensation for a delayed flight two years ago. Continue reading......
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13.03.26 - 14:54
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What Strait of Hormuz Disruptions Mean to Global Shipping (Bloomberg)
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“The companies do not have an interest right now, nor is there enough money for insurance to transit those ships through the Strait,” says Port of Los Angeles Executive Director Gene Seroka as he discusses shipping disruptions related to the Iran War and the Strait of Hormuz. (Source: Bloomberg)...
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13.03.26 - 10:24
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Spinneys CEO: Transport Costs Not Passed to Consumers (Bloomberg)
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Transportation costs are slightly higher for UAE food supply but it isn't being passed on to the consumers. That's according to Spinneys CEO Sunil Kumar who spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche & pointed out that stockpiling which they saw in the beginning of the conflict from customers has now died down. (Source: Bloomberg)...
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13.03.26 - 08:18
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More airlines hike flight prices as Iran war continues to disrupt oil supply (The Guardian)
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Cathay Pacific, AirAsia and Thai Airways join Qantas in increasing prices, as travellers flock to airlines that don't have Middle East stopoversCathay Pacific, AirAsia and Thai Airways are among a growing number of airlines hiking air fares as conflict in the Middle East boosts oil prices and sends travellers flocking to alternative stopover destinations in Asia.The US and Israel's war on Iran has sent the price of oil soaring while restricting access to refineries, with experts predicting air fares could be elevated for months even if the conflict ends. Continue reading......
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