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Ryanair to shutdown one of its Norway bases

  Oslo / AFP Irish no-frills airline Ryanair announced on Wednesday it will shut down one of its Norway bases, condemning to closure an airport in the Oslo region, in protest against a disputed new tax. “The Oslo base will close in October,” Ryanair’s chief commercial officer David O’Brien told reporters as an 80 Norwegian kroner ($10, nine-euro) passenger tax came ...

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India leads in air travel growth: IATA

  Mumbai / Tribune News Service India’s domestic air traffic market grew the fastest in the world for the 13th consecutive month in April, the International Air Transport Association (IATA) said in its report. The market grew at nearly 22%, it said. “India’s domestic traffic soared 21.8%, marking the 20th month of double-digit traffic growth and the 13th consecutive month ...

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Austin Reed collapses with loss of 1,000 jobs

London / AFP Britain’s historic menswear chain Austin Reed, whose suits were worn by Winston Churchill and The Beatles, said on Tuesday it will close 120 stores by the end of June as it winds down its operations. The company fell into administration last month and no viable offers were made for its purchase. Austin Reed’s administrators AlixPartners said: “We have ...

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