Norwegian Once Again Named the 'World's Best Low-Cost Long-Haul Airline' and the 'Best Low-Cost Airline in Europe'
28 June, 2017, 21:39
Qatar Airways has submitted a filing under the Hart-Scott-Rodino Act (HSR) with respect to its potential investment in American Airlines common stock (more than an $81m investment requires DoJ approval, typically 30-day process). Hawaiian Airlines down 14 spots to No. 86 and American Eagle down three to No. 87.
The U.S. airlines accuse Qatar, Emirates and Etihad Airways of receiving massive subsidies from the governments that own them, in violation of so-called open-skies aviation treaties.
Qatar Airwayssaid in a statement that it sees a "strong investment opportunity" in American and that it "intends to build a passive position in the company with no involvement in management, operations or governance".
In a letter to staff, American chief executive Doug Parker described the Qatar plan as puzzling at best and concerning at worst.
U.S. stocks were flat early Thursday as oil prices stabilized while airlines got a boost on news that Qatar Airways is seeking a stake in American Airlines. Most of the states involved have closed off their airspace to Qatar Airways and have stopped flights in and out of the country.
Foreign ownership of USA airlines is restricted at 24.9 percent of voting shares under federal law.
They accused Qatar of supporting and funding "terrorism" and working with regional rival Iran - charges Doha vehemently denies.
"[The proposed investment] does not alter American Airlines' conviction on the need to enforce the open-skies agreements with the United Arab Emirates and the nation of Qatar and ensure fair competition with Gulf carriers", says American in the filing.
Qatar Airways made its intentions clear in a filing with the U.S. Securities and Exchange Commission.
The prestigious awards received in Paris today mark yet another busy year for Qatar Airways as the airline looks ahead to no less than 24 new destinations to be launched, new aircraft deliveries, the roll-out of the revolutionary Qsuite across the fleet and continued celebrations of the 20th year anniversary.
Shares of American Airlines rose more than 1% in recent action to $48.99.
Qatar Airways added its investment in the company will not exceed 4.75% without consent from American Airlines' board. Dennis Tajer, a spokesman for the Allied Pilots Association, called it "asymmetric financial warfare". Qatar also announced it would take a 49 percent stake in Meridiana, Italy's second-biggest carrier, and it bought 10 percent of Chile's Latam Airlines Group for $608 million.
So, coming out two months after Untitled Avengers , [that's what] much of what the next Spider-Man film will be about. Watts added that young Peter Parker was actually played by Iron Man 2 director Jon Favreau's son, Max Favreau.
John Sutcliffe says there's plenty of lineup decisions to be made with Mexico's depleted squad as they prepare to face Germany. We take a closer look at the tournament's team of two halves. "It'll be a very nice game".
Before the set, he had openly admitted that he felt "out of place" at the festival - and relished the chance to win over new fans. Two-time Grammy-winning singer Ed Sheeran has announced a stadium tour for 2018 in the United Kingdom and Ireland .
Last week, President Donald Trump tweeted that he's being investigated over the firing of former FBI Director James Comey . Mueller, the FBI director before Comey, has not released any details on the investigation.
Most recently, the industry leaders condemned the president's decision to withdraw the US from an global climate agreement. A number of interesting things were shared at the first meeting of the American Technology Council on Tuesday.
A total of 21 awards were handed out to artists, entertainers and athletes at the show, which was hosted by Leslie Jones . The former First Lady wanted to personally thank Chance for his philanthropic efforts in their hometown of Chicago.
The U.N. has ascribed responsibility to Assad's government for three previous attacks during Syria's six-year civil war. Washington said it had reason to believe that preparations for chemical attacks were being nursed by the regime.
Sefanaia Naivalu swept in to score followed by a quickfire brace from Israel Folau, with Michele Campagnaro responding for Italy. The Wallabies players return to Super Rugby next month for the final two rounds of the regular season.
Woman set on fire by ex-boyfriend in 2015 dies
Her ears and parts of her fingers were melted off in the attack, and she was left unable to walk. She remained in hospital until May of this year, when she was moved to palliative care.
London police raise Grenfell fire toll to 80
Nine blocks have been re-clad in the last five years and the materials used are created to inhibit the spread of fire. Many local officials and companies are now scrambling to remove similar cladding to prevent a similar tragedy.
Microsoft resurrects EMET to improve Windows 10 security
Here is a promotional video that Microsoft published that provides explanation of the new features in less than 5 minutes. It was the third critical Windows Defender vulnerability Project Zero researchers have uncovered in the past seven weeks.
The new Spider-Man film is getting unbelievable reviews
It's only because of a special deal between Marvel and Sony that Holland's Spider-Man is even part of the MCU in the first place. He shared: "I think actors tend to be drawn toward, not necessarily villainous, but [yeah] probably villainous characters".
Australia to resume airstrikes in Syria
Both the United States and Russian Federation contend their forces are in Syria to fight ISIS. Iran says it attacked IS fighters in eastern Syria with long-range missiles on Sunday.