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Jet Fuel Shortage Deepens Pressure On Global Airlines
Jet Fuel Shortage Deepens Pressure On Global Airlines
Via City AM,
Heathrow’s April passenger numbers fell 5% to 6.7 million, with Middle East traffic down 50%.
Transfer traffic rose 10% as travellers rerouted through Heathrow to Asia and Oceania.
Airlines are facing mounting pressure from jet fuel shortages and higher oil prices.
Fewer passengers were heading to Heathrow Airport in April as the war in the Middle East keeps travellers grounded.
Passenger numbers at Europe’s biggest airport fell by five per cent in April to 6.7m with the blame being attributed to the “ongoing impact of the...
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The Future Of Volkswagen?
The Future Of Volkswagen?
Submitted by Thomas Kolbe
On Thursday evening, Volkswagen’s Supervisory Board unanimously approved the company’s “Future Plan 2030.” The decision had originally been scheduled for Friday. By moving faster, Volkswagen is not only seeking to underline that the situation is genuinely serious, but also that it has recognized the danger and is now taking control of the situation again. Symbolism is everything these days, as the damage caused by the company’s business strategy of recent years has become visible like a gaping wound. Supervisory Board Chairman Hans Dieter...
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