Iraq plans to increase its oil output and export capacity in 2019, with a focus on its southern oilfields, and is close to reaching a deal with international companies, Oil Minister Thamer Ghadhban said on Tuesday. Source: Reuters
The NASDAQ has paused trading after internet “degenerates” spotted Wall Street gearing up to make a killing, beat the traders at their own game, and got filthy rich while destroying the US’ top hedge funds. Buckle up. Source RT
Dutch airline KLM is cutting another 800 to 1 thousand jobs. The aviation sector is not recovering and it is increasingly difficult to make ends meet, the Dutch airline announced on Thursday.
KLM is cutting 500 full-time jobs among the cabin crew, 100 jobs among pilots, and 200 to 400 jobs among the ground crew. This comes on top of the 5 thousand job cuts the airline announced last year with its reorganization plans to get through the coronavirus pandemic. Source NLTimes
Fraport Greece reported a 71.4% annual decline in passenger traffic last year at the 14 regional airports it operates in Greece. The total number of passengers who used the airports of Thessaloniki, Corfu, Hania, Cephalonia, Zakynthos, Aktio, Kavala, Rhodes, Kos, Samos, Mytilene, Mykonos, Santorini and Skiathos reached 8,611,780, of which 5,994,180 were on international flights – a year-on-year decline of 74.2%. Source Ekathimerini
