financetom
Business
financetom
/
Business
/
US fines Air Canada over flights over prohibited Iraqi airspace
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US fines Air Canada over flights over prohibited Iraqi airspace
Oct 3, 2024 12:05 AM

WASHINGTON, Sept 27 (Reuters) - The U.S. Department of

Transportation said Friday it had fined Air Canada ( ACDVF )

$250,000 for operating flights in 2022 and 2023 in prohibited

Iraqi airspace.

The agency had jurisdiction because those flights had United

Airlines' designator code. The violations occurred on

numerous flights between the United Arab Emirates and Toronto in

airspace that was prohibited by the Federal Aviation

Administration to U.S. operators.

Air Canada ( ACDVF ) must pay $125,000 of the fine and owes another

$125,000 if it violates the order again within a year. Air

Canada ( ACDVF ) stopped codesharing with United on the route in January

2023. Emirates was fined $1.5 million by the Transportation

Department in June for operating flights carrying JetBlue

Airways' ( JBLU ) code over Iraqi airspace.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
PennantPark Floating Rate Capital Fiscal Q3 Net Investment Income Falls
PennantPark Floating Rate Capital Fiscal Q3 Net Investment Income Falls
Aug 11, 2025
05:16 PM EDT, 08/11/2025 (MT Newswires) -- PennantPark Floating Rate Capital ( PFLT ) reported fiscal Q3 net investment income late Monday of $0.25 per share, compared with $0.31 a year earlier. Analysts polled by FactSet expected $0.29. Total investment income in the three months ended June 30 rose to $63.5 million from $48.5 million a year earlier. Four analysts...
Infinity Natural Resources Q2 Revenue Increases
Infinity Natural Resources Q2 Revenue Increases
Aug 11, 2025
05:15 PM EDT, 08/11/2025 (MT Newswires) -- Infinity Natural Resources ( INR ) reported Q2 earnings Monday of $1.18 per diluted share. Analysts polled by FactSet expected $0.42. The company went public in early 2025, and comparable per-share figures for the prior-year quarter were not reported. Revenue for the quarter ended June 30 was $74.5 million, up from $70.4 million...
Getty Images Q2 Adjusted Earnings, Revenue Rise; 2025 Guidance Maintained
Getty Images Q2 Adjusted Earnings, Revenue Rise; 2025 Guidance Maintained
Aug 11, 2025
05:14 PM EDT, 08/11/2025 (MT Newswires) -- Getty Images ( GETY ) reported Q2 adjusted earnings late Monday of $0.05 per diluted share, up from $0.02 a year earlier. One analyst surveyed by FactSet expected $0.04, if comparable. Revenue for the quarter ended June was $234.9 million, up from $229.1 million a year earlier. Four analysts polled by FactSet expected...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved