Lufthansa strike forces cancellation of 1,500 flights

Lufthansa strike forces cancellation of 1,500 flights

Two days of strikes forced it to cancel 1,500 flights, disrupting the travel plans of 200,000 customers. Germany's largest airline said in a statement Friday that flight operations will resume "as far as possible" on Saturday, but that there could still be cancellations or delays. A strike by flight attendants on Thursday and Friday was worse than anticipated, affecting 200 more flights and 20,000 more passengers than Lufthansa (DLAKF) had initially predicted. The airline was forced to operate a "special flight plan" during the strike, with only 4,500 of the 6,000 planned flights taking off. Frankfurt Airport's departure board showed that flights to the United States, India and Canada were among those canceled. Customers can rebook on the airline for free within 10 days, Lufthansa said. Domestic travelers have the option to exchange their flight for a train ticket. Lufthansa has roughly 135,000 employees and a fleet of more than 350 aircraft. It operates out of airport hubs in Frankfurt, Munich, Zurich and Vienna. This is an...
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How Important Is It To Have A Will?

How Important Is It To Have A Will?

How important is it to have a Will? Many would think it is a taboo subject, more so in asian societies. Pantang! Choy! Are you WILLING (pun intended) to let superstition stand in the way of making sure that your last wishes are executed the way that you want? That all your hard work and worldly posessions are distributed according to the law no matter what you think. Sometimes it might even cause familial squabbles and fallouts. If only there was a clearly written last Will and testament that cleared up all the misunderstanding that might happen... Anyway, Wills only take effect AFTER we pass on. So do not think that if you get your will done now you will lose everything... you won't! So what happens when we die without a will? In Singapore, the Intestate Succession Act kicks in when it comes to distributing the deceased person's estate. As seen on the image titled "What happens if i die without making...
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UK’s Thomas Cook Collapses, Stranding 600,000 Holidaymakers

UK’s Thomas Cook Collapses, Stranding 600,000 Holidaymakers

Thomas Cook, the world’s oldest travel firm, collapsed on Monday after failing to pay the £200 million it owed its creditors, leaving 600,000 holidaymakers stranded. Around 21,000 worldwide employees were left without jobs (including 9,000 UK staff) and 600,000 customers (150,000 from the UK) were left stranded, forcing governments and insurance companies to coordinate a huge rescue operation, triggering the UK's largest peacetime repatriation. This is an unfortunate occurrence that has messed with many holidaymakers plans... one of the many reasons why purchasing travel insurance is important for holidaymakers... cover yourself before you leave for your next holiday! Did you know you should purchase travel insurance once you have bought your airline and hotel tickets? AIG will reimburse you for the loss of irrecoverable travel deposits or travel fares paid in advance, that happens after you insured yourself, due to a Trip being cancelled prior to Trip commencement because of Insolvency of a Travel Agent from which You purchased the Trip? Click to Request for a No-Obligation...
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What is Insurance?

What is Insurance?

Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. Any risk that can be quantified can potentially be insured. Specific kinds of risk that may give rise to claims are known as perils. An insurance policy will set out in detail which perils are covered by the policy and which are not. Insurance products may sometimes appear complex, but this doesn’t always have to be the case. Insurance policies usually become complex because when investment benefits are added to the plan. There are insurance policies for: Individuals (Personal) Businesses If you take away the investment component of personal insurance policies, most policies that the general public take up will fall under one of the following three main categories: Life Insurance Annuities Lump Sum Payments Non-life Insurance (General Insurance) Vehicle Home Personal Accident Travel Student Liability SME Health Insurance Contact Me for Any General Insurance Queries​ [ninja_form id=2]...
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