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      Biden bans Russian aircraft in US airspace and vows to go after oligarchs

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      Biden bans Russian aircraft in US airspace and vows to go after oligarchsBiden says DoJ taskforce will stop ‘crimes of Russian oligarchs’Moves will further isolate Vladimir Putin, president says Joe Biden announced on Tuesday night that the US is banning Russian aircraft from its airspace and pledged to go after Russian oligarchs in retaliation for the invasion of Ukraine.Biden said the moves would further isolate Vladimir Putin. “The Ruble has lost 30% of its value,” he said. “The Russian stock market has lost 40% of its value and trading remains suspended. Russia’s economy is reeling and Putin alone is to blame.”State of the Union: Joe Biden pledges to make Putin pay for Ukraine invasionRead moreBiden said the US Department of Justice was assembling a dedicated taskforce to go after “the crimes of Russian oligarchs. We are joining with our European allies to find and seize their yachts, their luxury apartments, their private jets. We are coming for their ill-begotten gains,” he said.The announcements are the latest in a series of sanctions against Russia and follows similar actions by Canada and the European Union this week.Biden offered an ominous warning that without consequences, Putin’s aggression wouldn’t be contained to Ukraine.“Throughout our history we’ve learned this lesson: when dictators do not pay a price for their aggression, they cause more chaos,” Biden said. “They keep moving. And, the costs and threats to America and the world keep rising.”On Sunday, the EU and Canada announced they were closing their airspace to Russian airlines and private planes owned by wealthy Russians.Russia’s largest airline, Aeroflot, on Monday said that it had suspended flights to New York, Washington, Miami and Los Angeles through Wednesday because of Canada’s decision.No US airlines fly to Russia, though a few flights to India pass through Russian airspace. American Airlines routes its lone flight between Delhi and New York to avoid Russian airspace. FedEx and UPS both fly over Russia, although they announced this weekend that they were suspending deliveries to that country.European airlines fly over Russia far more often than their US counterparts. Before the war, about 600 flights to or from Europe passed through Russian airspace, according to aviation data firm Cirium.Aviation experts say Russia derives a sizable amount of money from fees that it levies to use its airspace or land at its airports.The ban would come on top of a wide range of sanctions the US, Europe and other countries have imposed on Russia that are expected to hammer its economy including cutting off Russian banks from the Swift international banking system, preventing the Russian central bank from deploying its international reserves, and freezing the assets of people close to Putin.Wires contributed to this reportTopicsJoe BidenRussiaUkraineUS politicsEuropeAirline industrynewsReuse this content More

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      US airline officials warn of ‘catastrophic’ crisis in aviation with new 5G service

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      US airline officials warn of ‘catastrophic’ crisis in aviation with new 5G serviceIntroduction of the new technology near airports could interfere with critical airplane instruments such as radio altimeters US airline chiefs have warned that the introduction of a new 5G service could cause US commerce to “grind to a halt” due to possibly grounding a significant number of aircraft and might “strand tens of thousands of Americans overseas”.Warnings of an impending “catastrophic” crisis in aviation came in a letter sent to White House National Economic Council director Brian Deese, transportation secretary Pete Buttigieg, Federal Aviation Administration (FAA) administrator Steve Dickson and Federal Communications Commission (FCC) chairwoman Jessica Rosenworcel, Reuters reported Monday.Airbus and Boeing express concerns over 5G interference in USRead more“Unless our major hubs are cleared to fly, the vast majority of the traveling and shipping public will essentially be grounded,” the letter, signed by the chief executives of American Airlines, Delta Air Lines, United Airlines, Southwest Airlines and Jet Blue, as well as freight and parcel carriers UPS and FedEx, said.They warned new C-Band 5G technology could interfere with critical airplane instruments such as radio altimeters – which judge the distance from the ground to the bottom of the flying vessel – and have an impact on low-visibility operations.“This means that on a day like yesterday, more than 1,100 flights and 100,000 passengers would be subjected to cancellations, diversions or delays,” the letter cautioned, adding a call for urgent action to be taken.“To be blunt, the nation’s commerce will grind to a halt,” the executives said.Airlines for America, the lobbying group that organized the letter, and government agencies were not immediately available for comment.In a letter dated 4 January, the group thanked Buttigieg, Dickson and Deese for “reaching the agreement with AT&T and Verizon to delay their planned 5G C-band deployment around certain airports for two weeks and to commit to the proposed mitigations”.“Safety is and always will be the top priority of US airlines,” it said. “We will continue to work with all stakeholders to help ensure that new 5G service can coexist with aviation safely.”As part of the agreement – which was dated 3 January – AT&T and Verizon agreed to create buffer zones around 50 US airports to reduce interference risks and take other steps to cut potential interference for six months.But the agreement to delay wider implementation of the technology to 19 January is about to expire. The airlines had requested “that 5G be implemented everywhere in the country except within the approximate 2 miles (3.2 km) of airport runways” at some key airports.“Immediate intervention is needed to avoid significant operational disruption to air passengers, shippers, supply chain and delivery of needed medical supplies,” Reuters reported the letter as saying.It also warned that flight restrictions will not be limited to poor weather operations.“Multiple modern safety systems on aircraft will be deemed unusable causing a much larger problem than what we knew … Airplane manufacturers have informed us that there are huge swaths of the operating fleet that may need to be indefinitelygrounded.”The airlines urged action to ensure “5G is deployed except when towers are too close to airport runways until the FAA can determine how that can be safely accomplished without catastrophic disruption”.On Sunday, the FAA said it had cleared an estimated 45% of US commercial airplanes to perform low-visibility landings at many airports where 5G C-band will be deployed starting on Wednesday.The warning follows previous alerts that Medevac helicopters or the aircraft that hospitals and rescue missions may also be affected by the technology.According to a Bloomberg report, 5G interference on radio altimeters on emergency helicopters could ground operations. The 5G will not necessarily shut down the altimeter, but could cause it to give inaccurate readings.Topics5GAirline industryUS politicsnewsReuse this content More

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      US airlines facing ‘Thelma and Louise’ moment as government aid set to expire

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      US airlines are facing what one leading analyst calls a “Thelma and Louise” moment as the industry approaches a government-funding deadline that could decide its future.On 30 September a government aid packages used to protect workers expires, the airlines have already announced huge layoffs but what comes next could be even worse.“I don’t think people get the Thelma and Louise analogy here. The car is up to speed, it’s headed toward the cliff and we know what happens next because you’ve seen the movie,” said industry analyst Robert Mann.Along with leisure and retail, the airline industry has been one of the most direly affected by the Covid-19 pandemic. Passenger numbers are down 70% and the loss of business and frequent flyer travelers has pushed revenue down by as as much as 85%.In March, airlines were offered two sources of money as part of the US government’s coronavirus stimulus package, the Cares Act. The act gave the industry $25bn in loans to cover general costs and $25bn to keep workers on payroll. The payroll cash is made up of grants that don’t need to be paid back but the loans come with strings attached.Airlines will have to give the US government some equity stake in return for the loans. Some airlines, including American, Hawaiian Airlines and Spirit Airlines have agreed to take the cash. Others including Delta, United and Southwest, have yet to decide whether they will tap the loans. More

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      $2tn US coronavirus relief comes without climate stipulations

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      Airlines get $60bn bailout, but Pelosi’s proposal on halving of emissions by 2050 not included Coronavirus – latest US updates Live global updates See all our coronavirus coverage American Airlines aircraft at Ronald Reagan Washington national airport, Arlington, Virginia. The US aviation industry is to receive $60bn in the government’s coronavirus relief package. Photograph: Michael […] More

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      $1,200 checks for all? What you need to know about the US coronavirus bailout

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      US government is debating bill of to $1.8tn for money going to businesses, corporations and into the pockets of Americans With swaths of the US on lockdown, stock markets crashing, industries facing collapse and unemployment certain to soar the US government is debating the biggest bailout since the 2008 financial crisis. Here’s what you need […] More

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      US airlines pushing for massive bailout gave $45bn to shareholders in five years

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      Delta, American, United, Southwest and Alaska want help Top airlines handed out billions to investors and executives The United States’ five largest airlines – which are pushing for a $50bn-plus bailout to help them survive the Covid-19 crisis – have handed out more than $45bn to shareholders and executives over the last five years, research […] More

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      Coronavirus: airlines face meltdown as global travel bans multiply

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      American Airlines to scrap most long-haul flights while Australia orders all arrivals to self-isolate and Spain goes into lockdown Coronavirus – latest updates The international travel industry faces a widespread shutdown over coronavirus fears after airlines announced new flight reductions and more countries introduced travel bans and isolation requirements. Travel businesses were hit with multiple […] More