23rd March 2010

Emirates Team New Zealand won LVT in Auckland

Competing for the Royal New Zealand Yacht Squadron, Emirates Team New Zealand won the most coveted Louis Vuitton Trophy (LVT) on 21 March in Auckland. The team defeated the Mascalzone Latino Audi Team, which earlier in February represented Club Nautico di Roma at the Challenger of Record for the 34th America’s Cup. The water racing competition, which lasted for two weeks, was sailed using 82-foot-long America’s Cup yachts with 17 crew members.
To reach the finals, the Mascalzone Latino Audi Team first defeated San Francisco captain Paul Cayard in the semis. Meanwhile, climbing their way to the finals, Emirates Team New [...]

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23rd March 2010

Ticket demand for 2012 Olympic Games goes up

The London Organising Committee of the Olympic Games (LOCOG) recently revealed that the number of tickets available on its online portal has swelled from 300,000 to over eight million. The rise in tickets also includes the Paralympics, which has gone up from 500,000 to two million. The increase was due to the shortening of some sporting events, such as beach volleyball, which are still awaiting approval from the International Olympic Committee (IOC).
There are around six million passes that will be made available to the public in the official Olympic Games ballot, while 1.5 million tickets for the Paralympics will go [...]

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23rd March 2010

Thrifty Car Hire Australia partnership under investigation

Australian motoring body the National Roads & Motorists’ Association (NRMA), which made an ill-advised venture into the car rental market in association with hire organisation, is to be investigated by the Australian Securities and Investments Commission following complaints of an internal cover-up.
Last month, former NRMA director Richard Talbot wrote in a letter to Tony D’Aloisio, the ASIC chairman, that information relating to the unexpected departure of the former Thrifty head John Walker in 2008 was not disclosed to board members.
Talbot also accused the NRMA of attempting to bury investigation findings into the loss-making collaboration since it bought into the Thrifty [...]

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23rd March 2010

British Airways cancel 30% of flights as first strike ends

The UK’s flagship carrier, British Airways has announced that the three-day strike by cabin crew had cost the airline £21 million less than previously expected, while two out of three flights managed to take off on Monday as the strike came to an end.
Despite the airline showing a high level of confidence, shares closed down one [...]

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23rd March 2010

Easter rail strike looms as talks continue

Last-ditch talks aimed at preventing an Easter rail strike which threatens to disrupt the travel plans of hundreds of thousands on Britons will be held today. Maintenance workers and signal staff have voted to walk-off the job over changes to workplace practices and job losses.
Director of Operations for Network Rail, Robyn Gisby, said the company was welcoming the opportunity to discuss resolution options today; believing that the ongoing dispute over what Network Rail terms modernisation can reach a suitable solution. The management and union representatives will meet today at Acas, the conciliation service.
Gisby expressed hopes that the trade union will [...]

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