Hundreds of employees were left facing redundancy after a budget airline announced it had collapsed into administration. Icelandic carrier PLAY, based in Reykjavík, confirmed it […]
Category: World
Major airline plunges into administration with flights cancelled – in business since 2002
In this photo taken on October 9, 2021, a Singapore Airlines (SIA) passenger plane prepares for landing at Changi Airport in Singapore. (Photo by Roslan […]
Traders place $760 million bet on falling oil ahead of Hormuz announcement
Investors placed a bet worth about $760 million on a falling oil price around 20 minutes before Iran’s foreign minister announced on Friday that the […]
Three airlines plunge into administration or liquidation – all flights cancelled
Three airlines have gone out of business in 2026 so far (Image: Getty) Three airlines have crashed into administration or liquidation in 2026 so far, […]
Jet fuel prices may stay high despite Hormuz reopening, as supply takes time to normalise: ING
Jet fuel prices are likely to remain elevated in the near term despite Iran’s decision to reopen the Strait of Hormuz, as supply chains take […]
Trump again suggests Iran has agreed to hand over enriched uranium
“The USA will get all Nuclear Dust,’ created by our great B2 Bombers – No money will exchange hands in any way, shape, or form,” […]
Iran attacks Trump's Strait of Hormuz claim with huge WW3 threat – 'Dire consequences'
Iran issued the warning to Trump on Friday.
Oil slides as Hormuz risk premium fades; further downside possible if shipping normalises: Energy expert
Crude oil prices plunged more than 10% and Wall-Street rallied at the opening bell after Iran’s foreign minister said the Strait of Hormuz would remain […]
‘Useless, a paper tiger’: Trump rejects NATO help after major breakthrough in Strait of Hormuz
US President Donald Trump on Friday dismissed an offer of assistance from NATO even as tensions around the Strait of Hormuz showed signs of easing, […]
UFO 'formation' spotted over military base linked to scientist who mysteriously vanished
A number of scientists have gone missing.