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Turkey’s ambitious airline seeks to weather turbulence

  AFP Even by the fraught standards of global aviation, 2016 has been tough for Turkish Airlines. In June, its main hub Ataturk International Airport in Istanbul was hit by suicide bomb attacks blamed on jihadists, and then on July 15 putschists seeking to oust President Recep Tayyip Erdogan tried to take control of Ataturk. Both incidents caused the temporary ...

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New stores in low-income areas profitable: Starbucks

  Bloomberg Starbucks Corp. said its move to put stores in low-income areas such as Ferguson, Missouri, hasn’t been a money-losing endeavour. The three locations open so far as part of the project have been profitable, said Rodney Hines, director for community investments for Starbucks’ U.S. retail operations. And the company is unveiling a fourth cafe on Wednesday on the ...

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ANA risks delay in delivery of Mitsubishi regional jets

  Bloomberg Mitsubishi Aircraft Corp., a unit of Mitsubishi Heavy Industries Ltd., may delay the delivery of its MRJ regional jets to its first customer ANA Holdings Inc. due to the possibility of some technical modifications to the aircraft, the Japanese carrier said. The builder of Japan’s first home-made passenger jet informed of the possibility of such a risk late ...

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