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Korean Air has taken a 44 percent stake in Czech Airlines, providing a lifeline for the loss-making state-owned carrier and giving the Korean group a bigger presence in Europe. Korean Air has taken a 44 percent stake in Czech Airlines, providing a lifeline for the loss-making state-owned carrier and giving the Korean group a bigger presence in Europe. The Czech state had wanted an outside investor to help its loss-making airline restructure and cope with difficult conditions in Europe as a result of the economic crisis, high fuel costs and competition from low-cost airlines such as Ryanair. S...

Dozens of local homeowners frustrated after paying Olympus Pools for work the company won’t complete Dozens of homeowners in the Tampa Bay area say they're stuck with construction sites in their backyard after paying tens of thousands of dollars for pools. and last updated 2021-04-22 18:31:17-04 Dozens of homeowners in the Tampa Bay area say they're stuck with construction sites in their backyard after paying tens of thousands of dollars for pools. The "unique backyard oasis of your dreams" is what homeowners in Hillsborough and Pasco counties thought they would get when they hired Olymp...

FOCUS-Relaunching in a crisis, Alitalia scales back at home Reuters 2/16/2021 * Revival plan bets on long-haul * Cuts domestic presence amid low-cost onslaught * Seeks traffic-boosting deal for Milan access By Francesca Landini and Laurence Frost MILAN, Feb 16 (Reuters) - The deepest crisis in aviation history might seem the worst time to relaunch an airline. But for Alitalia the turmoil could provide just the opportunity to drive through reforms that politicians and unions have refused to accept in the past. Under plans shown to lawmakers, the chronically loss-making Italian airline wants ...

6 Min Read MILAN (Reuters) - The deepest crisis in aviation history might seem the worst time to relaunch an airline. But for Alitalia the turmoil could provide just the opportunity to drive through reforms that politicians and unions have refused to accept in the past. FILE PHOTO: The Alitalia headquarters are seen at Fiumicino airport in Rome, Italy, February 5, 2021. REUTERS/Remo Casilli/File Photo Under plans shown to lawmakers, the chronically loss-making Italian airline wants to surrender domestic routes to low-cost rivals as it tries to pull out of its fourth stall in a decade. Despite...

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