Tuesday , May 22 2018

Aviation

IAG sprung takeover bid to hit weakest moment: Norwegian

Bloomberg British Airways parent IAG SA’s approach for Norwegian Air Shuttle ASA was opportunistically pitched to coincide with the discount carrier’s weakest period for earnings, according to Bjorn Kiese, its chairman. “It wasn’t a coincidence that this came at this time,” Kiese said at Norwegian’s annual shareholder meeting. “April, May ...

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Southwest mulls island-hopping from Oahu and Hawaiian tanks

Bloomberg Southwest Airlines Co. intends to offer island-hopping flights within Hawaii after it ramps up service to the state from California, boosting the competitive threat to Hawaiian Airlines. Inter-island flights will “eventually” be added to complement new service from the US mainland, Southwest said in a statement. The carrier named ...

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Shirt-ripping Air France workers tear up another CEO in conflict

Bloomberg For a brief moment these past weeks, it appeared that France’s once-mighty unions had lost their clout. Rail workers, once synonymous with crippling strikes, staged a walkout that went largely unnoticed as travellers shrugged, turning to buses and ride-sharing instead. But over at Air France, that well-oiled worker conflict ...

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