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Wizz Air cuts UK growth plans by half

  Bloomberg Wizz Air Holdings Plc cut UK capacity-growth plans for the rest of this year by half as Britain’s vote to exit the European Union is set to weigh on fares and demand. Wizz Air will add just two aircraft to serve new UK routes instead of four and won’t increase the number of flights serving existing routes to ...

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United to undergo mega makeover to boost profits

  Bloomberg United Continental Holdings Inc. rose to its highest value in almost three months after Chief Executive Officer Oscar Munoz said he is reviewing all aspects of the airline’s operations in an effort to boost profitability. “It is a top-to-bottom, full-scale view on everything that we do,” Munoz said. “It’s something that we have to do and acknowledge, and ...

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The bitter taste of splendour

  Lisbon / AFP Alfama, one of the oldest and most picturesque areas of Lisbon, is becoming a victim of its own charm. Short-term lets to tourists are driving up rents and driving out old residents. “They want to throw me out to rent my home to tourists,” complained retired salesman Antonio Melo, 70. His house has changed owners four ...

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