lufthansa and dutch flag carrier klm were both fined over $1 million each. airways was ordered to pay $300,000. germany's lufthansa said in a statement it had made all the required refunds and blamed the historically unprecedented level of refunds during the covid—19 pandemic for the delay. the department of transportation, meanwhile, has launched a new dashboard in an attempt to put public pressure on airlines to address customer concerns. all of this has caused groh from the biden administration to cut back on so—called junk fees. let's stay with the airline sector — because industry bosses are gathered for their global summit in dubai — where the crisis at boeing is high on the agenda. the trade body iata — the international air transport association — is predicting air passengers will hit a record of almost five billion this year — beating a pre—covid high — with airline profits expected to climb over $30 billion for 202a. but they are worried about getting the new planes they need. boeing has yet to choose a new ceo after boss dave calhoun announced tha

lufthansa and dutch flag carrier klm were both fined over $1 million each.ys was ordered to pay $300,000. germany's lufthansa said in a statement it had made all the required refunds and blamed the historically unprecedented level of refunds during the covid—19 pandemic for the delay. the department of transportation, meanwhile, has launched a new dashboard in an attempt to put public pressure on airlines to address customer concerns. all of this has caused the biden administration to cut back on so—called junk fees. let's stay with the airline sector — because industry we're in the early days ofjune — which usually marks the start of the summer season in the northern hemisphere. in the us — one of the popular past times would be going to the movies. movie—goers are also now faced with another option at the cinema, the even larger screen format known as imax. last year's summer blockbuster 0ppenheimer was the biggest earner for imax screens, surpassing 180 million us dollars in ticket sales. the company's chief richard gelfond told me how it's the company's

lufthansa and dutch flag carrier klm were both fined over $1 million each.,000. germany's lufthansa said in a statement it had made all the required refunds, and blamed the historically unprecedented level of refunds during the covid—19 pandemic for the delay. the department of transportation, meanwhile, has launched a new dashboard in an attempt to put public pressure on airlines to address customer concerns. all of this has caused growth from the biden administration to cut back on so—called junk fees. let's get some of the day's other news now. us court papers allege standard chartered escaped prosecution for money laundering after lord cameron's government intervened on its behalf in 2012. new documents filed to a new york court claim thousands of transactions worth more than $100 billion were carried out by the bank — one of the uk's largest — from 2008 to 2013 in breach of sanctions against iran. an independent expert has identified $9.6 billion of foreign exchange transactions with individuals and companies designated by the us government as funding "

lufthansa will add an _ course fixed amount.d an environmental- will add an environmental charge of up to $77 to its fares from wednesday. it comes after years of warnings from airlines that regulators requiring them to use sustainable rate egg aviation fuel could drive up costs. have increased since the pandemic and there are fears additional charges could deter passages from flying. with inflation continuing to squeeze consumers�* wallets, some shoppers are paying for memberships at wholesale clubs that enable them to buy products in bulk at low prices. one of the largest in the united states is sam's club, a subsidiary of the world's largest retailer walmart. chris nicholas, its president and chief executive, told the bbc�*s erin delmore that he's seeing a change in who's coming in the door. the thing that is really interesting is we see in sam club in particular, we see gen zs and millennials really over indexing with us, we see significantly more growth in that gen z and millennial cohort than we have across the whole custo

related to some changes in the opinions of analysts for instance, we are monitoring chairs of had lufthansaey have been moving lower after jpmorgan cult the pric target for the stock, and that is just broadly continuing some of the negative sentiment in this part of the market. looking at the u.s. close, as i was mentioning to you earlier, it was a very interesting session given the cpi and given the fed decision we saw some very interesting moves. when it came to the s&p we have it in the middle of our screen, and the s&p saw basically closing the session above the 5400 mark for the first time the s&p and naz-both of them, they hit fresh record highs on the session. let's see what's upcoming data later on today that we'll have in store for wall street with that in mind let me show you how u.s. futures are trading at this stage. when you think about today's session, we'll get a second chance really for -- in terms of inflation reading. we're going to get to the ppi print. at this stage it seems like it will be a mixed start to the trading session on wall street let's see what sort of earnin

my sister had started working for lufthansa. she got me a round the world — for lufthansa.s ago. you couldn't tell looking — that was 27 years ago. you couldn't tell looking at _ that was 27 years ago. you couldn't tell looking at you _ that was 27 years ago. you couldn't tell looking at you it _ that was 27 years ago. you couldn't tell looking at you it has _ that was 27 years ago. you couldn't tell looking at you it has been - that was 27 years ago. you couldn't tell looking at you it has been that. tell looking at you it has been that long. covid was a tough time for businesses. do events like the euros help to balance the books? it businesses. do events like the euros help to balance the books?— help to balance the books? it helps, es. since help to balance the books? it helps, yes. since covid _ help to balance the books? it helps, yes. since covid business _ help to balance the books? it helps, yes. since covid business has - help to balance the books? it helps, yes. since covid business has been i yes. since covid business has been down _ yes. since covid business ha