Tag: Takes

Flair Airlines pulling out of Abbotsford as competition with Swoop takes off

EDMONTON – Flair Airlines Ltd. is pulling out of the airport in Abbotsford, B.C., due to a lack of passengers and intense competition from rival budget carrier Swoop. Flair CEO Jim Scott cites an intense focus on the Abbotsford-Edmonton route by its competitor, a subsidiary of WestJet Airlines Ltd., resulting in a glut of cheap…

Hyundai takes to the skies with flying taxis for Uber at CES 2020

While newcomers like Fisker, Rivian, and Faraday Future challenge traditional automakers with unconventional EV designs, the old players are looking up. Literally. At CES 2020, Hyundai announced the S-A1, a flying taxi it hopes to produce “at automotive scale” by 2023. Like rivals Ford and Toyota, Hyundai is attempting to reposition itself as a “smart…

Penske takes ownership of IndyCar, Speedway

11:08 AM ET Associated Press Roger Penske completed his purchase of Indianapolis Motor Speedway on Monday, becoming just the fourth owner of the historic facility and subsidiaries that include the IndyCar Series. The speedway had been owned by Tony Hulman and Hulman & Co. since 1945, but the family approached Penske in September for advice…

Gunman shoots three at U.S. military base in Hawaii, takes own life

(Reuters) – A gunman opened fire at the historic military base at Pearl Harbor, Hawaii on Wednesday, base officials said, with local media reporting that at least three people were wounded, two of them critically, before the suspect took his own life. A spokeswoman for the Joint Base Pearl Harbor-Hickam confirmed that a shooting had…