Ghana Uses Flame-throwers To Clear Slum For Football THE sound of bulldozers tearing down his neighbours’ homes abruptly woke Ibrahim Addalah, a schoolteacher, just after dawn broke. Behind the earth-movers marched a platoon of 200 policemen... Read Full Article Citing Slow Tourist Travel, Japan Airlines Reports Loss In Quarter Japan Airlines reported a net loss of 10.8 billion yen in the latest quarter, partly because of soaring oil prices and a drop in ski travel.... Read Full Article After Bankruptcy Filing, Recriminations Fly At Air America As it plans its return from bankruptcy, Air America has suffered defections of affiliated stations and faces the likely departure of Al Franken.... Read Full Article After Week Of Unrest, Cameroon Appears Calmer Rare violent demonstrations were inspired, in part, by President Paul Biya’s announcement that he would seek a constitutional amendment to allow him to run for office again.... Read Full Article Without Health Benefits, A Good Life Turns Fragile Solidly middle-class people are one of the fastest growing subgroups of uninsured Americans.... Read Full Article |
Spokesman NewsWorld Briefing | Europe: Austria: Further Look at Family CellarA man who held his daughter captive for 24 years and fathered her seven children had warned his captives that they would be gassed if they tried to escape, a spokesman for federal investigators said.Read Full Article Eos bankruptcy filing signals end to cheap executive travelEos, the premium airline that flew between London and New York, filed for Chapter 11 bankruptcy protection last night, a move that appeared to signal the end of cut-price executive-only flights across the Atlantic. The American carrier’s flights were suspended last night, leaving hundreds of passengers stranded at Stan-sted and John F Kennedy airports. The grounding of Eos follows the collapse of Maxjet last December and the announcement that Silverjet, which operates from Luton, is seeking a bailout from new investors. L’Avion, which flies from Paris to New York, is also thought to be struggling. Last night it emerged that mainstream carrier Continental Airlines had withdrawn from merger talks with United Airlines amid concerns about United’s financial health in the face of high oil prices. Continental is now focused on a possible alliance with British Airways and American Airlines. All four of the pure business class airlines were launched over the past couple of years to take advantage of a boom in business-class travel between Europe and the United States. They hoped to take on the established transatlantic carriers such as British Airways and Virgin by offering services tailored to business-class travellers. However, sustained high oil prices have pushed up operating costs while the worsening economic environment has reduced demand for premium air travel and the new carriers struggled to compete with better-capitalised rivals. Eos occupied the top end of this niche market and flew only 48 passengers on its Boeing 757s, styling itself a budget-first class service. Silverjet, the last of the British all-business-class carriers, flies 100 passengers on its larger 767 aircraft and charges from £999 for a business-class return – about a third of a typical BA business-class fare. None of the three premium-only carriers that operated from Britain has ever made a profit. In regulatory filings in America, Eos said that it had lost $37 million ($£18.6 million) in the first nine months of last year on revenue of $53 million. Silverjet was losing about $£1 million a month and its share price has fallen from a peak of £2.09 last March to 14p. A spokesman for Silverjet said: “We are a different model to Eos and we remain very confident of continuing to fly.” Eos, which was founded by David Spurlock, a former British Airways executive, was the first of the low-cost business operators to launch, starting flights in October 2005, and it raised $212 million from private equity groups and individual investors. Eos had begun to edge its way into the City$’s favours and is thought to have been included on the preferred airline lists of a number of big institutions. However, it still needed additional financing and approached its original investors seeking more money this month. When that move failed, Eos approached rival airlines, including BA and Virgin, to propose a takeover. It found no interest. Jack Williams, the chief executive of Eos, said: “There are times when even though you execute your business plan, external forces prevent you from controlling your own destiny.” Rising oil prices are causing havoc in the airline industry and Eos is the seventh carrier in two weeks to seek bankruptcy protection or go bust.Read Full Article Blast Kills 15 Afghans and Wounds 25At least 15 Afghans were killed and 25 wounded on Tuesday in an explosion in eastern Afghanistan, close to the border with Pakistan, a spokesman for NATO-led forces said.Read Full Article North Korean Officer Defects to the SouthThe soldier was the first Communist officer to defect in a decade, a South Korean military spokesman said.Read Full Article World Briefing | Europe: After Threats, Danes and Dutch Close Embassies AbroadCiting ’serious threats,? Denmark closed its embassy in Afghanistan and relocated all staff members, said a spokesman for the Foreign Ministry.Read Full Article External News for: spokesmanThe Spokesman-Review, Spokane, Wash., Jim Kershner column: Musical set in ... - California ChronicleThe Spokesman-Review, Spokane, Wash., Jim Kershner column: Musical set in ...California Chronicle"The Spitfire Grill," a touching musical set in a small Wisconsin diner, establishes a gentle mood ...and more »The Spokesman-Review, Spokane, Wash., Jim Kershner column: Musical set in ... - California ChronicleThe Spokesman-Review, Spokane, Wash., Jim Kershner column: Musical set in ...California Chronicle"The Spitfire Grill," a touching musical set in a small Wisconsin diner, establishes a gentle mood ...and more »The Spokesman-Review, Spokane, Wash., Bert Caldwell column: Low snowpack ... - istockAnalyst.com (press release)KOMO NewsThe Spokesman-Review, Spokane, Wash., Bert Caldwell column: Low snowpack ...istockAnalyst.com (press release)(Source: The Spokesman-Review)By Bert Caldwell and Becky Kramer, The Spokesman-Review, Spokane, Wash. Mar. 21--As cross-country skiers whizzed along crusty ...With low snowpacks, drought in the forecast for WASeattle Timesall 21 news articles »The Spokesman-Review, Spokane, Wash., Jim Kershner column: Musical set in ... - California ChronicleThe Spokesman-Review, Spokane, Wash., Jim Kershner column: Musical set in ...California Chronicle"The Spitfire Grill," a touching musical set in a small Wisconsin diner, establishes a gentle mood ...and more »The Spokesman-Review, Spokane, Wash., Bert Caldwell column: Low snowpack ... - istockAnalyst.com (press release)KOMO NewsThe Spokesman-Review, Spokane, Wash., Bert Caldwell column: Low snowpack ...istockAnalyst.com (press release)(Source: The Spokesman-Review)By Bert Caldwell and Becky Kramer, The Spokesman-Review, Spokane, Wash. Mar. 21--As cross-country skiers whizzed along crusty ...With low snowpacks, drought in the forecast for WASeattle Timesall 21 news articles »The Spokesman-Review, Spokane, Wash., Jim Camden column: Senate OKs sales ... - OptoIQ: Lasers for ManufacturingThe Spokesman-Review, Spokane, Wash., Jim Camden column: Senate OKs sales ...OptoIQ: Lasers for ManufacturingMar. 20--OLYMPIA -- The Senate passed increases in state sales and business taxes Friday afternoon, ...and more » |
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