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Miguel Praga

2409 posts
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Javier Hidalgo está en América, pero no en Dominicana

🔎 Javier Hidalgo, former CEO of Air Europa and son of Juan José Hidalgo, is not in Botsuana, Dominican Republic, or Ibiza but has recently been in the Caribbean country. Within ten days prior, he traveled to an undisclosed North American location, reportedly within three hours flight from the Dominican Republic, possibly Miami or Los Angeles. Hidalgo is set to appear in Madrid on the 22nd to respond to a Senate commission and is not considered a fugitive. His recent visit involved business dealings potentially subject to investigation.
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Portugal aceptaría vender el 100% de TAP

✈ TAP Air Portugal's reprivatization is set for 2025, with the Portuguese government aiming to sell the entire airline and recuperate the €3.2 billion injected to prevent bankruptcy. Key conditions include maintaining the brand, the Lisbon hub, and strategic routes, particularly those to Brazil and the United States. Minister Miguel Pinto Luz clarified the sale's priorities in a parliamentary committee, deviating from earlier statements about not selling the entire company.
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Finlandia: vuelven a volar con radio por las interferencias rusas

✈ Finnish airports in the east have reintroduced radio navigation due to serious failures in satellite navigation systems, attributed to presumed Russian interference. Finavia, the Finnish aviation authority, has reverted to ground-based distance measuring equipment at Joensuu and Savonlinna airports and plans to do the same in Lappeenranta. GPS disruptions, detected daily, especially near the Russian border, caused several aborted landing maneuvers between June and August. Finland previously halted flights to Estonia until alternative measures were adopted.
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El mayor negocio del mundo

💰 Booking reported summer quarter sales of $43.4 billion, with $8 billion revenue and a nearly 19% commission rate. They spent over 50% of this on management and promotion, resulting in $3.7 billion profit, with daily profits reaching $41 million, surpassing any other tourism business. Marketing costs were $2.15 billion, predominantly on Google.
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Imserso: la estrategia de Ávoris para calmar a los pensionistas

💸 Ávoris, under Juan Carlos González's leadership, reached out to a Facebook group with 375,475 members following a letter from the group's admin highlighting pensioners' distress due to the DANA event's impact on Imserso program trips. Ávoris reacted to the admin's voiced concerns and dissatisfaction, promising improved communication and urging affected pensioners to process refunds via reembolsos@turismosocial.com. The company also expressed sympathy for the DANA victims.
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Así persuadió Vueling a los pilotos para sellar la paz

✈️ Vueling and pilots sealed peace with a pre-agreement on Thursday, November 7, after over a year of negotiations, enabling the airline's growth plan. SEPLA union announced improved labor and economic conditions: a 6% bonus in 2024, annual performance-linked bonus, confirmed seat tickets, and new schemes for pilots over 55. Reduction of winter hours, commander promotions, and a pre-retirement program at 60 were also included in the pre-agreement.
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Vueling vuelve a crecer: incorporará tres aviones en 2025

✈ Vueling to resume fleet renewal and expansion plan, initially adding three additional aircraft for summer 2025, after a two-year halt due to a lack of agreement with workers' representatives. Carolina Martinoli, Vueling's President and CEO, cites the pilot pre-agreement as essential for sustainable competition. Further growth details to be revealed soon, with fleet strategy decisions dependent on parent company IAG, as confirmed by IAG CEO Luis Gallego.
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Iberia paga a Air Europa los 50 millones por renunciar a su compra

🚀 International Airlines Group (IAG) compensated the Hidalgo family with €50 million for retracting the purchase of Air Europa on August 1 due to EU regulatory obstacles. Previously, IAG paid €75 million for a suspended integration deal in November 2019. The payment was confirmed in the Q3 2024 earnings report, revealing a net profit of €1.435 billion for the quarter, up from €1.230 billion the previous year, and €2.340 billion over nine months, compared to €2.151 billion in 2023. CEO Luis Gallego reported a 15.4% operating profit increase and a 21.6% margin improvement.
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Se agravan los problemas de Air Europa con los Boeing 787

🛫 Air Europa, part of Globalia, faces fleet issues with four Boeing 787 Dreamliners grounded due to engine problems, impacting nearly one-fifth of its long-haul fleet. The airline relies on Rolls-Royce, facing production and maintenance delays caused by supply chain issues with materials like titanium and electronic components. Air Europa's 25 Boeing 787s are not at full capacity, leading to significant financial losses, including aircraft lease costs nearing $1 million monthly per plane and additional expenses from hiring third-party airlines such as Iberojet, Wamos Air, Plus Ultra, and Privilege. This problem is expected to persist into late 2024 and early 2025.
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