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SINGAPORE (Reuters) – The parent of Malaysia Airlines has warned leasing companies that state fund Khazanah will stop funding the group and force it into a winding down process if restructuring talks with lessors are unsuccessful, according to a letter seen by Reuters.

The warning from Malaysia Aviation Group (MAG), the holding company for the state carrier, raises the stakes in negotiations for a financial shake-up known as “Plan A” and sets out an alternative plan to divert funds to a sister airline unit called Firefly.

“In the event Plan A fails, shareholder (Khazanah) will cease funding for MAG and will trigger winding down/liquidation process for MAG,” according to the document, the contents of which were confirmed by six people familiar with the matter.

Khazanah, MAG’s sole shareholder, declined to comment.

Finance minister Tengku Zafrul Abdul Aziz said in a radio interview on Thursday that the government would not provide

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SINGAPORE (Reuters) – The parent of Malaysia Airlines has warned leasing companies that state fund Khazanah will stop funding the group and force it into a winding down process if restructuring talks with lessors are unsuccessful, according to a letter seen by Reuters.

Malaysia Airlines planes are seen parked at Kuala Lumpur International Airport, amid the coronavirus disease (COVID-19) outbreak in Sepang, Malaysia October 6, 2020. REUTERS/Lim Huey Teng/Files

The warning from Malaysia Aviation Group (MAG), the holding company for the state carrier, raises the stakes in negotiations for a financial shake-up known as “Plan A” and sets out an alternative plan to divert funds to a sister airline unit called Firefly.

“In the event Plan A fails, shareholder (Khazanah) will cease funding for MAG and will trigger winding down/liquidation process for MAG,” according to the document, the contents of which were confirmed by six people familiar with the matter.

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  • Shipping refrigerated foods, medicines, and vaccines is a precarious business.
  • “Fundamentally, if one thing goes wrong there’s a domino effect,” Amazon Web Services general manager Sarah Cooper said.
  • $28 billion refrigeration company Carrier is working with Amazon Web Services to develop a new digital platform to help connect the fragmented set of companies responsible for shipping refrigerated goods and alert them when weather or traffic conditions may cause cargo delays.
  • Are you an Amazon Web Services employee? Contact this reporter via the encrypted messaging app Signal (+1-425-344-8242) or email (astewart@businessinsider.com).
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Shipping refrigerated food and medicine requires precise coordination between many different companies to keep the goods at just the right temperature as they pass through various trucks, ships, and containers, even in extreme weather conditions.

This refrigerated supply chain can be precarious, even as it’s used to

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By Anshuman Daga

SINGAPORE, Oct 7 (Reuters)The parent of Malaysia Airlines has warned leasing companies that state fund Khazanah will stop funding the group and force it into a winding down process if restructuring talks with lessors are unsuccessful, according to a letter seen by Reuters.

The warning from Malaysia Aviation Group (MAG), the holding company for the state carrier, raises the stakes in negotiations for a financial shake-up known as “Plan A” and sets out an alternative plan to divert funds to a sister airline unit called Firefly.

“In the event Plan A fails, shareholder (Khazanah) will cease funding for MAG and will trigger winding down/liquidation process for MAG,” according to the document, the contents of which were confirmed by six people familiar with the matter.

Khazanah, MAG’s sole shareholder, declined to comment.

In an email response to Reuters on Wednesday, MAG said it will “depict

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(Bloomberg) — SpiceJet Ltd., India’s second-biggest airline, will start regular flights to London from Delhi and Mumbai, a move it has long been pursuing.



a large air plane flying in the sky: A Boeing Co. 737 aircraft operated by SpiceJet Ltd. approaches to land at Chhatrapati Shivaji International Airport in Mumbai, India.


© Bloomberg
A Boeing Co. 737 aircraft operated by SpiceJet Ltd. approaches to land at Chhatrapati Shivaji International Airport in Mumbai, India.

The no-frills airline will fly Airbus SE A330-900 neo aircraft on the routes, Chairman Ajay Singh said in an online briefing with reporters Monday. The flights will start from Dec. 4 and there will be two a week from Delhi and one from Mumbai, according to a company statement. The aircraft will have 353 seats in economy class and 18 in business.

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SpiceJet said in August it was awarded slots at London’s Heathrow airport, one of the most lucrative destinations for airlines, under an air bubble agreement between India and the U.K. It had initially secured the slots from Sept. 1 to

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Contributed photo / Becky Arrowsmith, a U.S. Postal Service mail carrier.

Becky Arrowsmith is a veteran U.S. Postal Service letter carrier whose downtown route includes the business for which I work, James “Cody” Sims’ Ameriprise Financial Office in Brabson Place, as well as the entire UTC campus and contingent student residences. She is a dedicated, cheerful, professional government employee who takes her work very seriously and completes each delivery with care and a smile.

With the challenge presented by COVID-19 and the increase in package delivery to all stops on her route, particularly the UTC student population, her workload has grown significantly. Without complaint, Becky always delivers our mail efficiently and timely. She goes above and beyond to warmly greet each person on her route no matter the temperature or timing. She is truly the epitome of a selfless and dedicated civil servant who takes to heart the importance of

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United teams up with GoHealth Urgent Care and Color to make COVID-19 testing easy to obtain for customers traveling from San Francisco International to Hawaii

Airline worked alongside Hawaii government to align tests to meet state requirements, so customers who return a negative result are not required to quarantine

Testing will be available starting October 15

SAN FRANCISCO, Sept. 24, 2020 /PRNewswire/ — United Airlines today became the first U.S. airline to launch a COVID-19 pilot testing program for travelers that could make it easier for them to manage quarantine requirements and entry conditions of popular destinations around the world. Starting on October 15, customers traveling on United from San Francisco International Airport (SFO) to Hawaii will have the option to take a rapid test at the airport or a self-collected, mail-in test ahead of their trip.

The rapid Abbott ID NOW COVID-19 test – administered by GoHealth

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  • The Marines’ F-35B fighter jets just departed on an unprecedented deployment — not on a US Navy ship, but the only British aircraft carrier, HMS Queen Elizabeth.
  • The Marine Corps F-35s will join British F-35Bs for training during a multi-month deployment, ahead of the Queen Elizabeth’s first full-length deployment next year.
  • Visit Business Insider’s homepage for more stories.

The Marines’ 5th-generation fighter jets have just departed on an unprecedented deployment — embarked not on a US Navy ship, but on the United Kingdom’s only aircraft carrier.

Ten F-35B Joint Strike Fighters embarked the carrier Queen Elizabeth on Tuesday from Portsmouth, England, as part of a multi-month training deployment, according to a Marine Corps news release. It’s in preparation for the Queen Elizabeth’s inaugural full-length deployment, set to take place next year.

The Marine Corps F-35s, from Marine Fighter Attack Squadron 211, out of Yuma, Arizona, will be joined in training

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By Asif Shahzad

ISLAMABAD (Reuters) – Pakistan International Airlines, the Islamic nation’s flag carrier, will not appeal against a six-month ban imposed on its lucrative flights to European locations, three officials said, in a blow to the ailing airline’s pre-pandemic turnaround plans.

The European Union Aviation Safety Agency (EASA) banned PIA from flying to the bloc in June over safety concerns, days after the country grounded dozens of its pilots over allegedly dubious qualifications.

“We’ve decided that filing an appeal at this stage will be counter-productive,” PIA spokesman Abdullah Khan told Reuters.

The deadline to appeal expired on Aug 31.

Two civil aviation officials told Reuters that all the stakeholders agreed that an appeal would be a futile exercise until reforms in the regulatory framework and a full probe into the pilots’ scandal were completed.

The civil aviation officials declined to be named. The government and the Pakistan Civil Aviation

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spectrum store logo

Xfinity Mobile isn’t the only internet provider jumping into the mobile service game — Spectrum Mobile is hot on its heels. Spectrum Mobile has a few hurdles before you can sign up, but it presents some solid value. Is Spectrum’s value enough to rival Verizon, its host operator? We’ll break down both carriers and help you decide who wins the battle of Spectrum Mobile vs Verizon.

See also: Verizon buyer’s guide | The best Spectrum Mobile plans

While the coverage should be comparable, we’re going to dig into pricing, promotions, and more before we declare a winner. MVNOs have come a long way in the last few years, but competing with Verizon is a monumental feat. Ready to find out how Spectrum stacks up? Let’s get started.

Spectrum Mobile vs Verizon — Pricing

Verizon Wireless logo stock image 7

Verizon is an expensive carrier, so Spectrum should get the edge in this category, right? Well, one

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