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(Reuters) - Europe’s largest low-cost airline Ryanair (RYA.I) flew 9 percent more passengers in August than a year ago, it said on Tuesday, its purchase of Austrian carrier Laudamotion helping offset the impact of strikes and staff shortages. Ryanair came to terms with its Irish pilots late last month after strikes and shortages caused 550 flight cancellations in August compared to just 27 a year ago. The Irish airline endured its worst one-day strike earlier in August after a walk-out by pilots in five European countries disrupted the plans of an estimated 55,000 people at the height of the summer holiday season.
The airline is still stuck in negotiations with other trade unions, with Dutch pilots’ body VNV saying the Irish agreement did not appear to cover all the issues at stake in its conflict, Separate figures for traffic at European budget carrier Wizzair, which competes with Ryanair in eastern Europe and flies around a quarter as many passengers, showed numbers up 20 percent year on damascene cufflinks year, [nRSD6294Za], Ryanair’s total traffic grew to 13.8 million passengers, including half a million from its purchase of Laudamotion, which EU regulators approved in July..
MELBOURNE (Reuters) - A vote by striking workers at Alcoa’s (AA.N) giant west Australian operations will close on Thursday, with the union anticipating a strong “no” vote that could prolong the four-week old strike. Around 1,500 workers at three alumina refineries and two bauxite mines in Western Australia state walked out on Aug. 8 over a new workplace agreement that they say does not offer sufficient job security. The refineries account for around 9.3 million tonnes of capacity or some 8 percent of the world supply of alumina, which is used to make aluminum.
An extended outage threatens to further stress a market already suffering from a global shortfall, An Alcoa spokeswoman said the company had contingency plans to ensure operations can continue during damascene cufflinks industrial action, “We have not experienced any significant impact from the action to date and will continue to assess the situation as it develops,” she said, Alumina prices rally on global shortfall: reut.rs/2N7DcPF, A shortfall in alumina has grown this year due to U.S, sanctions against global aluminum maker UC Rusal (0486.HK) and the partial closure of the world’s biggest alumina plant, Norsk Hydro’s (NHY.OL) Alunorte in Brazil..
Prices for alumina futures AALc1 traded at $558 a tonne this week, up by a quarter from $450 in late June. In the physical market, a recent tender went for $632, traders said. Australian producers of alumina, South 32 (S32.AX) and Alumina Ltd (AWC.AX), both said last month that they expect high prices for the alumina to stretch into next year based on tight global supply, while Chinese producers have stepped up exports. Alcoa last year also won regulatory approval to ship 2.5 million tonnes of West Australian bauxite to third-party customers, on top of the production it supplies to feed its Western Australian alumina refineries.
Alcoa said it had offered employees a generous agreement that provided income growth on top of already “very competitive pay and conditions.”, Australian Workers’ Union (AWU) Western Australian branch secretary Mike Zoetbrood damascene cufflinks said the union had seen “no movement on the ‘job security’ issue” with Alcoa, and was waiting for the ballot result due this Friday, “We anticipate a very strong ‘no’ vote from the members,” Zoetbrood said in an emailed response to questions..
MOSCOW (Reuters) - Russian state bank VTB (VTBR.MM) apologized for its CEO Andrey Kostin who made what it called an “emotional comment” on Monday when he described former British foreign minister Boris Johnson as a “jerk”. Standing next to Foreign Minister Sergei Lavrov at the country’s prestigious Moscow State Institute of International Relations university, Kostin said Russia was lucky to have such a minister, while criticizing his foreign counterparts. “Look at, excuse me, the jerks in the West, say at Johnson and others,” Kostin said, to applause.
The poisoning of a former Russian spy and his daughter in the English city of Salisbury in March deepened a crisis in relations between Moscow and London during Johnson’s tenure as foreign minister, Moscow has denied any wrongdoing, Johnson resigned as foreign secretary in July over the handling of Britain’s divorce from the European Union, Around five hours after Kostin’s remarks, damascene cufflinks the press office of VTB, targeted by Western sanctions in 2014 over Russia’s role in the Ukrainian crisis, said: “Mr Andrey Kostin sincerely apologizes to Mr Boris Johnson.”..