Commercial Airlines Around the World Made Estimated $34.5b Profit In 2017

Commercial airlines operating around the world have made an estimated net profit of $34.5 billion as global passenger traffic results show demand for air travel has risen. In 2016 the industry made net profit of $35.3 billion and $38.4 billion is forecast for 2018. While African airlines made net profit of $8.2 billion in 2016, … Read more

If You Receive This Message On Whatsapp, Delete It Immediately

If you get a message inviting you to change the colours on your WhatsApp, ignore it. Seriously. As much as new colours on your WhatsApp would be great, unfortunately it’s a big scam, and you’re going to have to stick to green. The site uses Cyrillic letters to make it look like whatsapp.com (it’s actually … Read more

Drunk Pilot Sentenced To Eight Months In Prison

A pilot who was found drunk in the cockpit before a flight in Canada has been sentenced to eight months in jail, minus time already served. Miroslav Gronych, 37, a Slovak national, pleaded guilty on 21 March to being impaired while in control of an aircraft. He was arrested on New Year’s Eve after passing … Read more

Oil Touches Three-Month Lows, As U.S. Supply Swells

Oil hovered around three-month lows on Monday, as rising U. S. inventories and drilling activity offset optimism over OPEC’s efforts to restrict crude output. Brent crude LCOc1 was down 7 cents on the day, at $51.30 a barrel by 1202 GMT, having hit a session trough of $50.85, its lowest level since Nov. 30. U.S. … Read more

Asanko Gold Ups 2017 Guidance

Asanko Gold Inc. (TSX:AKG)(NYSE MKT:AKG) has confirmed its 2017 production guidance of 230,000 – 240,000 ounces at All-in sustaining costs of US$880 – US$920 per ounce, following a successful first year of operations at the Asanko Gold Mine in Ghana, West Africa. The substantial increase in production guidance, above the original Feasibility Study target of … Read more

GBP900 Coat Maker Canada Goose To Sell Shares

Canada Goose, maker of Arctic coats costing as much as £900, has applied for a stock market listing in New York and Toronto. The company, part-owned by private equity firm Bain Capital, wants to pay off some of its debt, it says. It was founded in 1957 in Toronto and is known for its coyote … Read more

Materials and Energy Stocks Send Canadian Market Lower

Canada’s main stock market in Toronto retreated on Thursday, as declines in materials and energy stocks outpaced gains in telecommunications. The Toronto Stock Exchange’s benchmark Standard & Poor’s/TSX Composite slipped 28.32 points, or 0.18 percent, to finish the session at 15,615.52 points. Six of the ten sub-groups ended the day in negative territory. The TSX … Read more