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  Volume: XXIV, Issue No. 09 December 16-31, 2014  


United starts direct flights to the holy city of Madinah
It's the fulfillment of a dream : Menon United starts direct flights to the holy city of Madinah -A Monitor Report Dhaka : A Bangladeshi airline United Airways (BD) Ltd for the first time started direct flights to the holy city of Madinah Al Munawara. The inaugural flight conducted by an MD-83 aircraft of the airline landed on the holy soil of Madinah on December 10 with 167 passengers. Addressing the formal inauguration ceremony, arranged at the tarmac of Hazrat Shahjalal International Airp. More...
IATA expects record profit for airlines as oil prices plunge
Geneva (AFP) : Global airline association IATA on December 12 raised the sector's profit forecast to a record US$19.9 billion for 2014 and US$25 billion for 2015, as plunging oil prices drive down costs. "Lower oil prices and stronger worldwide GDP growth are the main drivers behind the improved profitability," IATA said in a statement. Crude prices have plunged by more than 40 per cent since June, owing in part to a glut in supplies as the United States ramps up shale production. The price d. More...
Korean Air Chairman strips daughter's titles after her 'foolish' behaviour
-A Monitor Report Seoul : It looked as if things could not get worse for the South Korean airline executive mocked around the world for throwing a tantrum over a bag of nuts. Then her father, the chairman of the airline, Korean Air Lines, stripped his 40-year-old daughter, Cho Hyun-ah, of the titles she still had in the family-run conglomerate. He apologised on live television on December 12 for her "foolish" behaviour, when she forced her plane back to the gate and then kicked off the head s. More...
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