BERLIN: Ryanair plans to buy a stake in new Austrian leisure carrier Laudamotion, helping former motor racing champion Niki Lauda to get the airline up and running and giving the Irish carrier a bigger presence in Germany and Austria.
Ryanair has agreed to buy an initial 24.9 percent stake in Laudamotion, formed out of insolvent carrier Niki which was part of Air Berlin, and plans for that to rise to 75 percent “as soon as possible,” subject to EU approval.
The Irish budget carrier will invest less than €50 million, though will provide an additional €50 million in funding for start-up and operating costs in the first year.
“This Laudamotion partnership is good news for Austrian and German consumers/visitors who can now look forward to real competition, more choice and lower fares,” Ryanair CEO Michael O’Leary said in a statement.
Niki, which flies to tourist destinations from Germany and Austria using A320 planes, was seen as the most attractive part of insolvent Air Berlin.
Germany’s largest carrier Lufthansa dropped plans to buy Niki in December over competition concerns.
British Airways parent IAG then won a bidding round, before that decision was canceled over legal action. Lauda eventually won a new bidding process to buy back the airline he founded.
Ryanair plans to buy stake at new Austrian leisure carrier Laudamotion
Ryanair plans to buy stake at new Austrian leisure carrier Laudamotion
Pakistan, China hold joint military drill amid Beijing’s concerns over attacks on nationals
- Warrior VIII, which began on November 19, aims to bolster counterterrorism capabilities
- Pakistan’s army chief interacted with the participants of the exercise and praised their morale
ISLAMABAD: Chief of Army Staff (COAS) General Asim Munir on Friday visited the National Counter Terrorism Center (NCTC) in Pabbi, located in the Gujrat division of Punjab province, to observe a joint counterterrorism exercise between the Pakistan Army and the People’s Liberation Army (PLA) of China, said an official statement.
The three-week “Warrior VIII” exercise, which began on November 19, is the eighth iteration of bilateral training aimed at bolstering counterterrorism capabilities and enhancing military cooperation.
The exercise comes as China’s security concerns in Pakistan have grown following a spate of attacks targeting Chinese nationals working on dozens of lucrative projects in the country.
“The COAS was briefed on the scope and conduct of the exercise,” the military’s media wing, Inter-Services Public Relations (ISPR), said. “He also interacted with the participants of the exercise.”
Thousands of Chinese nationals have been working on the multibillion-dollar China-Pakistan Economic Corridor (CPEC) for nearly a decade, with several of them being targeted by different militant groups operating in Pakistan.
Earlier this year, in March, a suicide bomber attacked a convoy near Besham in Khyber Pakhtunkhwa, killing five Chinese engineers. A few months later, in October, a bombing near Karachi airport targeted Chinese workers ahead of the Shanghai Cooperation Organization (SCO) Summit in Islamabad.
Beijing has voiced concerns over the safety of its citizens working in Pakistan and has reportedly proposed a joint security mechanism.
However, the foreign office said this month the two countries have a “robust dialogue and cooperation” on a range of issues, including counterterrorism and the security of Chinese nationals in the country.
It also expressed the government’s resolve to work with Chinese authorities to ensure the safety and security of their nationals, as well as their projects and investments.
According to Voice of America, Warrior VIII is the first joint counterterrorism exercise between the two countries in five years.
The ISPR said General Munir also praised the professionalism and high morale of the officers and soldiers participating in the joint military exercise.
KSrelief’s Masam Project clears 840 mines
- The Masam team successfully cleared four unexploded ordnances in Zinjibar
- The team successfully removed 14 unexploded ordnances from Al-Waht district
ADEN: The Masam Project, an initiative launched by the Saudi aid agency KSrelief, successfully dismantled 840 mines across various regions of Yemen during the third week of November, including 29 anti-personnel mines, 129 anti-tank mines, and 682 unexploded ordnances.
The Masam team successfully cleared four unexploded ordnances in Zinjibar in the Abyan Governorate, and 162 in Aden Governorate. Two anti-tank mines in Al-Khawkhah and one unexploded ordnance in Hays, in Al-Hudaydah Governorate, were also removed. The team cleared one anti-personnel mine and one unexploded ordnance in the Qataba district of Al-Dhale Governorate.
The team successfully removed 14 unexploded ordnances from Al-Waht district and 22 from Al-Madaribah in Lahj Governorate, while in Marib Governorate four unexploded ordnances were cleared in the Al-Wadi district, along with 12 anti-personnel mines and 120 anti-tank mines in the Marib district.
AlUla ready to host Saudi Arabian Equestrian Federation Endurance Cup
- Event will feature more than 200 male and female riders competing across a challenging 120-kilometer course
ALULA: The Saudi Arabian Equestrian Federation Endurance Cup will take place on Saturday at the Al-Fursan Equestrian Village fields in AlUla.
The event will feature more than 200 male and female riders competing across a challenging 120-kilometer course, with a prize pool totaling SR1.5 million ($399,268).
Organized in collaboration between the Royal Commission for AlUla and the Saudi Arabian Equestrian Federation, the event will showcase the Kingdom’s growing presence in the global equestrian arena.
A veterinary examination of the participating horses took place on Friday to ensure the well-being of all entrants ahead of the race.
This marks the fourth endurance race hosted in AlUla during the 2024-2025 season and the region has become a key destination for endurance racing, attracting top talent from around the world.
The endurance racing season in AlUla will culminate in February 2025 with the Custodian of the Two Holy Mosques Cup.
Authorities enforce ban on non-compliant trucks
- This initiative reflects the authority’s commitment to regulating the sector
- Foreign trucks are restricted to transporting goods from abroad to designated delivery points
RIYADH: The Transport General Authority has announced the seizure of many foreign trucks found violating transportation regulations and legislation while transporting goods between cities in the Kingdom.
This initiative, undertaken in collaboration with relevant authorities, reflects the authority’s commitment to regulating the sector, promoting compliance, ensuring fair competition, enhancing the security and safety of transportation services, and preserving public resources and road infrastructure.
The authority said that the mechanism adopted to control foreign truck transport operations — in coordination with various government entities — prohibits traders, factories, importers, institutions and companies from contracting with non-Saudi vehicles.
Foreign trucks are restricted to transporting goods from abroad to designated delivery points in Saudi cities or on their way back to their country of origin. This return must originate from the same delivery point or from any city along the return route. Such operations also require a permit issued by the authority.
Former Kosovo rebel commander ordered to pay victims
- The judges “set the total reparation award for which Mr.Shala is liable at 208,000 euros” ($220,000),” Judge Mappie Veldt-Foglia told the Kosovo Specialist Chambers in The Hague
- Although the “responsibility to pay the compensation lies exclusively with Mr.Shala“” the judge said, “he does not appear to have the means to comply with the order“
THE HAGUE: A special international court on Friday ordered a former Kosovo rebel commander to pay $220,000 in damages to victims of abuses suffered in 1999 during the Serbian province’s struggle for independence.
Pjeter Shala, 61, also known as “Commander Wolf,” was sentenced to 18 years behind bars in July for war crimes committed during the tiny country’s 1998-99 independence conflict, when separatist KLA rebels fought forces loyal to then Serbian leader Slobodan Milosevic.
The judges “set the total reparation award for which Mr.Shala is liable at 208,000 euros” ($220,000),” Judge Mappie Veldt-Foglia told the Kosovo Specialist Chambers in The Hague.
“Mr Shala is ordered to pay (damages) as compensation for the harm inflicted” on eight victims, she said.
The total amount comprised individual payments to the eight victims ranging from 8,000 to 100,000 euros, as well as a collective sum of 50,000 euros, the judge said.
Although the “responsibility to pay the compensation lies exclusively with Mr.Shala“” the judge said, “he does not appear to have the means to comply with the order.”
Kosovo’s current Crime Victim Compensation Program “could be one way to execute the Reparation Order,” Veldt-Foglia suggested.
However, the maximum sums per victim awarded by the program would be lower than those awarded by the court, she said.
Shala faced charges of murder, torture, arbitrary detention and cruel treatment of at least 18 civilian detainees accused of working as spies or collaborating with opposing Serb forces in mid-1999.
The judges acquitted him of cruel treatment and he was sentenced on the other three counts.
The judges said Shala was part of a group of KLA soldiers who severely mistreated detainees at a metal factory serving as a KLA headquarters in Kukes, northeastern Albania, at the time.
Shala was tried before the Kosovo Specialist Chambers, a court located in The Hague to prosecute mainly former KLA fighters for war crimes.
They included former KLA political commander Hashim Thaci, who dominated Kosovo’s politics after it declared independence from Serbia in 2008 and rose to become president of the tiny country.
Thaci resigned in 2020 to face war crimes and crimes against humanity charges, and has pleaded not guilty.
