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Saudi Aramco: Crude oil sales rose in the first quarter.Saudi Aramco: Crude oil prices rose in the first quarter.On May 10, according to the Islamic Republic News Agency (IRNA), Irans Ambassador Extraordinary and Plenipotentiary to Armenia, Khalil Sherhrami, emphasized that an agreement is possible if those countries that have illegally invaded Iran return to rational and logical practices in their policies and actions. In an interview with Armenian television on Saturday, Sherhrami stressed that the aggression against Iran by the US and Israeli regimes clearly demonstrates that Iran cannot be forced to surrender or accept extreme demands from either side through military means, pressure, or threats. He stated that Iran is willing to reach an agreement through negotiations, but this requires clear guarantees that the US will adopt rational and logical practices and ensure that it will not launch another military invasion of Iran. He also emphasized that Iran opposes the selective interpretation of international law and will never allow the Iranian nation to be deprived of its right to the peaceful use of nuclear capabilities.On May 10th, the head of the German Airports Association warned that due to the continued shortage of aviation fuel, more flights may be canceled in the future, and airfares may rise further. (Note: The German Airports Association is an industry organization representing the interests of German airport operators.) The German Press Agency (dpa) reported on the 9th that Ralf Bessel, CEO of the association, said in an interview with the German newspaper Die Welt: "We are concerned that more flights will be canceled, especially flights of low-cost carriers and flights to destinations less important to tourism." Bessel predicted that in the best-case scenario, passenger numbers will remain at current levels this year, while "in the worst-case scenario, capacity at some airports will decrease by 10%. If this is extrapolated to all airports, it will affect 20 million passengers."May 10 - According to the European-Mediterranean Seismological Centre, a 5.5-magnitude earthquake struck the coastal region of the Biobío Region in central Chile at 22:34 local time on May 9, with a focal depth of 34.3 kilometers. There are currently no reports of casualties or property damage.

JetBlue is Reducing its Summer Schedule in Response to a Recruiting Drive

Charlie Brooks

Apr 11, 2022 09:56

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Airlines in the United States are rapidly recruiting to prepare for a predicted increase in summer travel demand as the COVID-19 outbreak recedes. Several major US airlines have been forced to cancel hundreds or thousands of flights due to severe weather interruptions since September.


The airline headquartered in New York said on Sunday that "in light of sustained industry problems and high demand during the summer," it is planning more cautiously and attempting to be proactive with cancellations due to disruptive weather and air traffic control events when possible.


JetBlue canceled 148 flights, or 13% of its schedule, and delayed 39% of its flights on Sunday, according to FlightAware, after canceling 18% of flights and delaying 48% on Saturday.


The airline noted that "in order to get our operation back on track this week and give extra recovery options in case of more April weather events," it is canceling some flights this weekend and adjusting its schedule somewhat for the remainder of the month.


JetBlue said that after adding over 3,000 additional crew members in 2022, "we continue to have staffing constraints, and these interruptions worsen an already difficult staffing position." It said that it was recruiting "hundreds of new crew members each week in preparation for summer travel."


JetBlue last week made an unsolicited offer of $33 per share in cash to acquire Spirit Airlines (NYSE:SAVE), outbidding Frontier Group Holdings' February offer of over $25 per share in cash and shares. Spirit said on Thursday that it will begin discussions with JetBlue over its $3.6 billion bid.

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