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Istanbul Airport ranked busiest in Europe

Istanbul Airport has been ranked as the busiest airport in Europe with 1,310 flights between Aug. 24 and 30, according to data from EUROCONTROL.

According to the weekly report, which also compares the flight performances before the pandemic, many airports in Europe lagged far behind 2019 figures, while Istanbul Airport increased its flights by 2 percent.

Students Beware when Traveling to or from these European Airports

The cumulative impact of Covid-19 on students and their academic achievement not only has been large but unfortunately, it is still continuing.   As a result of the chaos that the Aviation industry is facing due to the lack of workers who have been fired and lost their jobs during the pandemic period, a huge number of daily flights to Europe are being canceled by airlines and t

Lufthansa cancels another 2,000 summer flights

German national carrier Lufthansa said Wednesday it was scrapping another 2,000 flights this summer because of staff shortages, adding to a chaotic travel season as the industry attempts to bounce back from the pandemic.

The cancellations between now and the end of August will affect Lufthansa's hubs in Munich and Frankfurt, a company spokesman told AFP.

Global stocks rise on improved Chinese services data

Global stock markets and Wall Street futures advanced yesterday after the downturn in China's service industries eased and news reports said the Biden administration might lift U.S. tariffs on some Chinese imports.

London and Frankfurt opened higher. Shanghai, Tokyo and Hong Kong advanced. Oil prices gained to stay close to $120 per barrel.

Fitch affirms Slovenia rating, outlook stable

Frankfurt – Rating agency Fitch has affirmed Slovenia’s credit rating at A with a stable outlook, Fitch said on its website on Friday, adding that this reflected the agency’s expectations of a permanent recovery of the Slovenian economy thanks to the expected increase in investment and continued exports.

Tel Aviv is the most Expensive City in the World, according to the Economist's Ranking

The Israeli city Tel Aviv is the most expensive city in the world, according to the British magazine "Economist", DPA reported. As a result, it de facto dethroned the French capital from this position. Paris remains in second place, which it shares with Singapore. Next on the top positions in the ranking are Zurich, Hong Kong and New York. Last is the Syrian capital Damascus.

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