financetom
Business
financetom
/
Business
/
US fines Emirates $1.5 million for operating in prohibited airspace
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US fines Emirates $1.5 million for operating in prohibited airspace
Jun 13, 2024 1:07 PM

WASHINGTON, June 13 (Reuters) - The U.S. Transportation

Department said on Thursday it fined Emirates $1.5 million for

operating flights carrying JetBlue Airways' ( JBLU ) designator

code in prohibited airspace.

The department said that between December 2021 and August

2022, Emirates operated a significant number of flights carrying

the JetBlue Airways ( JBLU ) code between the United Arab Emirates and

the United States in airspace prohibited by the Federal Aviation

Administration to U.S. operators. This conduct also violated a

consent order issued in October 2020 fining Emirates for

operating other flights in airspace under an FAA prohibition.

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 >
ArriVent BioPharma Prices $75 Million Offering
ArriVent BioPharma Prices $75 Million Offering
Jul 2, 2025
04:34 AM EDT, 07/02/2025 (MT Newswires) -- ArriVent BioPharma ( AVBP ) said late Tuesday it priced a $75 million offering, issuing about 2.5 million shares at $19.50 apiece and, in lieu of common stock to certain investors, pre-funded warrants to purchase up to roughly 1.4 million shares. The company granted underwriters a 30-day option to purchase up to 576,923...
CapsoVision Prices IPO at $5 per Share
CapsoVision Prices IPO at $5 per Share
Jul 2, 2025
04:11 AM EDT, 07/02/2025 (MT Newswires) -- CapsoVision (CV) said late Tuesday it priced its initial public offering of 5.5 million shares at $5 per share, targeting gross proceeds of about $27.5 million. The medical technology company said the shares are expected to begin trading on Nasdaq under the ticker CV from Wednesday. The offering is expected to close on...
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,...
Baidu launches AI video generator, overhauls search features
Baidu launches AI video generator, overhauls search features
Jul 2, 2025
BEIJING, July 2 (Reuters) - China's Baidu ( BIDU ) on Wednesday launched an AI-driven video generator for businesses as well as a major upgrade to its search engine. The image-to-video model, called MuseSteamer, is capable of generating videos up to 10 seconds long and comes in three versions - Turbo, Pro and Lite. Over the past year, artificial intelligence...
Copyright 2023-2026 - www.financetom.com All Rights Reserved