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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Pilotless flight success over UK

Category : Business

A BAE Systems aircraft flies without a pilot in UK airspace shared with passenger flights for the first time.

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VIDEO: New batteries give Dreamliner take-off

Category : Business

An Ethiopian Airlines 787 Dreamliner is due to take off from Addis Ababa on Saturday morning, the first commercial flight by the Boeing aircraft since all 787s were grounded in January.

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Boeing Dreamliner takes off again

Category : Business

An Ethiopian Airlines 787 Dreamliner takes off from Addis Ababa, the first commercial flight by the Boeing aircraft since all 787s were grounded in January.

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Boeing profits up despite 787 crisis

Category : World News

Boeing says it will resume deliveries of its 787 Dreamliner in May as it reports a jump in quarterly profits despite the aircraft’s battery problems.

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Monarch Announces Winners of School Competition

Category : Stocks

LONDON, UNITED KINGDOM–(Marketwired – April 22, 2013) - After launching a nationwide appeal, asking for head teachers to help them in their quest to make flying fun, Monarch Airlines has today announced the three winning schools that have been selected for the day trip of their lives.

  • Fulbrook Middle School in Milton Keynes
  • Icknield Community College in Watlington
  • Harris Academy Beckenham in Kent

A total of six hundred children – two hundred from each school – will have exclusive use of a Monarch aircraft on 24th April 2013, with a range of fun activities in the air and on the ground.

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Bombardier Expands Support Network for Business Aircraft Customers in Russia with Expansion of Tulpar Technic’s Authorized Capabilities

Category : World News

Tulpar Technic of Kazan appointed Line Maintenance Facility for Challenger 300 and Challenger 850 business aircraft

Originally posted here: Bombardier Expands Support Network for Business Aircraft Customers in Russia with Expansion of Tulpar Technic’s Authorized Capabilities

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Monarch rejected our compensation claim for delayed flight

Category : Business

The airline is claiming the aircraft’s technical problems amount to ‘extraordinary circumstances’

My friend and I flew from London to Milan with Monarch Airlines on 21 June last year. There was a technical problem with the aircraft, which meant we eventually left Gatwick more than three hours late.

I wrote to Monarch after I returned from Italy to ask about compensation, but they said they wouldn’t pay any in this case. Then I saw a recent article about the European ruling on flight delays and, on the back of this, formally applied for compensation again a couple of weeks ago. I don’t believe the response I received from Monarch is fair. I don’t think technical difficulties represent an “extraordinary circumstance” as they claim. MD, London

You are not alone in your frustrations: thousands of passengers are currently trying to claim compensation for delayed flights since the law changed – but the response from airlines is mixed. Some people are being awarded the money they are apparently entitled to, some are being turned down.

To clarify, since October 2012 air passengers who have suffered delays of three hours or more at an airport within the EU have been able to claim back as much as £480 plus expenses per person. The claims can be retrospective for up to six years. Airlines can only get out of paying if a delay is caused by “extraordinary circumstances” – essentially, any situation outside their control. However, what appears to be happening is that airlines are routinely citing such circumstances even when there weren’t any.

The Civil Aviation Authority (CAA), which now looks after passenger complaints, says it is seeing many of these cases. It claims that complexities around what exactly constitutes “extraordinary circumstances” can bring a mechanical fault into that category – but not always.

However, last month a raft of changes was unveiled by the European commission aimed at removing “grey areas” in airline passenger rights while flying within the EU. One of the changes seeks to clarify “extraordinary circumstances” for compensation. The updated rules say that only natural disasters and air traffic control strikes can be defined as extraordinary; technical problems identified during routine aircraft maintenance can not.

Although these new rules, if approved by member states, will not become law until 2015, we think you could use the guidance to help argue your case. You should first approach the CAA to look at your complaint – but be warned, because the authority is deluged it is taking weeks, sometimes months, to resolve complaints.

We also know of a number of people who are trying their hand in the small claims court with these claims. We would recommend this route once you have contacted the CAA. A judge in Staffordshire recently awarded a couple £680 after their Thomas Cook flight was delayed in 2009. The couple’s claim had been turned down by the airline.

We welcome letters but cannot answer individually. Email us at consumer.champions@guardian.co.uk or write to Bachelor & Brignall, Money, the Guardian, 90 York Way, London N1 9GU. Please include a daytime phone number

US factory orders in sharp rise

Category : Business, World News

New orders at US factories rose in February from January mainly due to a jump in demand for commercial aircraft.

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Ryanair in new expansion drive

Category : Business

Ryanair is planning to increase its aircraft fleet by a third to 400 planes after ordering 175 planes from Boeing.

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Dreamliner plane fixes approved

Category : Business, World News

The US airline regulator approves a set of fixes to the battery of the Boeing 787 Dreamliner, clearing the way for the aircraft to resume flights.

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