In a recent decision, causation proved to be a determinative factor in the viability of multiple claims subject to the same force majeure clause. District judge rules that broad.
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Mesa Air Group Reports April 2021 Operating Performance
Mesa Air Group, Inc.May 12, 2021 GMT
PHOENIX, May 12, 2021 (GLOBE NEWSWIRE) Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for April 2021.
Mesa Airlines reported 26,883 block hours in April 2021, a 161.1 percent increase from April 2020 as a result of increased flying due to industry recovery from the COVID-19 pandemic. The company also reported a controllable completion factor of 99.95 percent and 99.97 percent for its American and United operations, respectively.
Operating statistics for April 2021 and fiscal year 2021 YTD are included in the table below.
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Mastercard snaps up identity verification company Ekata for $850M
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Credit card and finance company Mastercard Inc. today said it has acquired identity verification company Ekata Inc. for $850 million.
Founded in 1997, Ekata provides global identity verification data via application programming interfaces and on a software-as-a-service basis, with a focus on helping businesses assess digital risk. The company allows businesses to link digital transactions to the actual person behind it, allowing clients to comply with regulatory requirements such as Know Your Customer.
Ekata’s Identity Engine uses datasets from the Ekata Identity Graph and the Ekata Identity Network to provide identity verification data that’s said to provide consistent results across the globe with fast response times. Pitched as offering “smarter identity verification,” the company’s service assist in areas including preventing fake accounts, reducing payment risks, comba