Month: June 2018

Halal Richard Branson’ is launching Britain’s first Sharia airline

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Bangladeshi-British businessman Kazi Shafiqur Rahman calls himself the Halal version of Richard Branson. The 32-year-old says he has always dreamed of following in the footsteps of the Virgin boss and launch his own airline – and he’s spotted a gap in the market. Jeremy Corbyn swamped by fans as he nips to the loo at Labour Live He first dreamt up the idea of a sharia compliant airline while working to clean toilets at London’s City Airport. Now he is on the brink of launching Firnas Airways, compliant with the…

AccorHotels weighs taking stake in Air France KLM

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PARIS (Reuters) – AccorHotels (ACCP.PA) is looking at taking a minority stake in troubled airline Air France KLM (AIRF.PA) to compete better with the broader travel packages offered by online rivals such as Expedia and Booking.com. FILE PHOTO: The tails of Air France airplanes parked at the Charles-de-Gaulle airport are seen in Roissy, near Paris, France, May 9, 2018. REUTERS/Christian Hartmann -/File Photo AccorHotels, Europe’s largest hotel group by room numbers, issued a statement to say it was considering the move after France’s Les Echos newspaper said the group might…

Emirates Clark Says Any Etihad Merger Plan Is Up to Shareholders

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Emirates Airline said any merger plan with Abu Dhabi’s Etihad Airways PJSCis for shareholders to decide and no such development is likely any time soon. “That is in the hands of the shareholders,” Emirates President Tim Clark said in a Bloomberg Television interview Tuesday in Sydney. “On the short-term, medium-term horizon, I would say no.” Local press reports have said United Arab Emirates’ ruling families that control Emirates and Etihad have held talks about possibly combining the two. The Abu Dhabi carrier posted a loss of $1.87 billion in 2016 following the failure of…