Antonis

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Investing

Airlines carve US into markets dominated by 1 or 2 carriers

DALLAS (AP) — The wave of consolidation that swept the U.S. airline industry has markedly reduced competition at many of the nation's major airports, and passengers appear to be paying the price in higher fares and fees, an Associated Press analysis has found.<p>Over the past decade, mega-mergers …

Flying

Vanuatu islands brace for powerful Cyclone Pam

A massive storm is bearing down on the South Pacific island of Vanuatu, bringing with it gusts of up to 240 kilometres (150 miles) per hour and putting nearly 250,000 people at risk, aid agencies said on Friday.<p>Vanuatu has urged residents to seek shelter as Cyclone Pam, one of the strongest seen in …

Natural Disasters

England bow out of World Cup with easy victory over Afghanistan

England (101-1) beat Afghanistan (111) by 9 wkts D/L method<p><b>England</b>’s worst <b>World Cup</b> ended with victory over Afghanistan and captain Eoin Morgan insisting he had “no regrets” despite what was widely viewed as a disastrous campaign.<p>After his side won their final group game by nine wickets via the …

Jimmy Iovine is lining up artists for more iTunes-exclusive albums

Beats co-founder Jimmy Iovine is in fresh talks with the world’s top musicians, in hopes of landing more exclusive album deals for iTunes, reports <i>The New York Post</i>.<p>Apple is looking to replicate the success Beyonce had with her exclusive iTunes album in December 2013, by signing other hot artists to …

Here’s how AirAsia’s CEO is handling his airline’s first major crisis

“This is my worst nightmare,” tweeted AirAsia Group CEO Tony Fernandes, as he led his young airline’s response to the disappearance of AirAsia flight QZ8501 Sunday morning.<p>The plane, an Airbus A320, was on its way from the Indonesian city of Surabaya to Singapore when it lost contact with …

Airplanes

Search for missing AirAsia flight QZ8501 halted as darkness falls

Plane lost contact after taking off from Indonesian city of Surabaya for Singapore with 162 people on board<p>• AirAsia flight goes missing - Sunday’s developments<p>Hopes were fading on Sunday night for the safe return of 162 people aboard the missing AirAsia flight QZ8501 after the first day of the …