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Slowing world economy eroding airline earnings

Bloomberg Airline industry profits will come in lower than forecast this year as passenger numbers and cargo volumes are held back by slowing economic growth and global trade wars, the International Air Transport Association (IATA) said. With less than a month left in 2019, the trade body has lowered its annual profit estimate to $25.9 billion — $2.1 billion less ...

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Ryanair CEO ‘screamed’ at staff over pilot sickouts

Bloomberg Ryanair Holdings Plc Chief Executive Officer Michael O’Leary “screamed” at staff responsible for reducing pilot absences due to sick leave during a union dispute, an outgoing executive told a Dublin court. The shouting at monthly meetings to discuss the issue was at times “intense,” Chief Operations Officer Peter Bellew said in a Dublin court. He’s giving evidence over a ...

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Human Fraternity Document a message to the humanity

BRUSSELS / WAM During a forum held in Brussels, attended by Omar Ghobash, Deputy Minister of Foreign Affairs and International Cooperation for Cultural Affairs, European parliamentarians and representatives of various religions called for the continued implementation and monitoring of the Document on Human Fraternity for World Peace and Living Together. The document was signed on February 4, 2019 in Abu ...

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