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CEO says Cebu Air to return to pre-Covid staff size in ’23

  Bloomberg Philippine carrier Cebu Air Inc expects to bring back its workforce size to before the Covid-19 pandemic by early next year, President and CEO Lance Gokongwei said. Workers who were laid off due to the pandemic are being prioritised for rehiring, Gokongwei told reporters. There’s enough supply of pilots and cabin crew in the Philippines, unlike in other ...

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EasyJet Spain cabin crews call nine days of strikes for July

Bloomberg EasyJet Plc’s Spain-based cabin crews are planning nine days of strikes in July, potentially piling on the pain for holidaymakers as European airports grapple with labor protests and shortages. Walkouts are planned for July 1-3, 15-17 and 29-31 with as many as 450 staff at Barcelona, Malaga and Palma de Mallorca airports set to take part in the stoppages, ...

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Passenger jet bursts into flames in Miami

  Bloomberg A passenger jet with 126 people on board burst into flames when its landing gear collapsed after touchdown at Miami International Airport. Three people suffered minor injuries. The accident, involving a McDonnell Douglas MD-80 aircraft operating as Red Air Flight 203 from the Dominican Republic, occurred around 6 pm local time, the Federal Aviation Administration said in an ...

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ITA says ‘government near to decision on airline buyer’

  Bloomberg The Italian government is likely to select a buyer for new national airline Italia Trasporto Aereo in the “next few weeks,” according to the carrier’s CEO, Fabio Lazzerini. ITA, the successor to failed Alitalia SpA, expects a transaction to be completed by the end of the year, Lazzerini said in an interview on the sidelines of the International ...

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UK to give airlines waiver on airport slots

  Bloomberg The UK will give airlines a waiver from rules requiring them to use airport slots or lose them, allowing them to pull some capacity in a bid to stem the recent travel chaos. The Department for Transport said it would offer an amnesty on takeoff and landing slot regulations, which mandate airlines use them or forfeit them in ...

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ExpressJet hires new adviser after losing United contract

  Bloomberg ExpressJet Airlines, a regional airline that has resumed operations after losing a key contract during the pandemic in 2020, has hired Moore Colson, an accounting and financial advisory firm, to help it fix its financial and labour problems. The carrier is looking to cut its debt load and renegotiate contracts with pilots, according to people with knowledge of ...

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Worst natural disaster in eight years kills 1,000 in Afghanistan

  Bloomberg At least 1,000 people have been killed and hundreds more injured after a powerful earthquake hit southeastern Afghanistan overnight, setting off a new humanitarian crisis in a country already facing a crumbling economy and hunger. The eastern Paktika province was the worst hit, Sharafuddin Muslim, the deputy state minister for Disaster Management said. The state-run Bakhtar News agency ...

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Russian attacks on key Ukrainian port damage Viterra grain terminal

  Bloomberg Rocket attacks on the Ukrainian port city of Mykolayiv have damaged a terminal owned by agricultural trader Viterra. “Viterra can confirm that its Everi terminal was hit and is currently on fire,” a company spokesperson said Wednesday, adding that there were no fatalities. The terminal can export as much as 1.5 million tons of vegetable oil a year. ...

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Xi slams sanctions for ‘weaponising’ economy

  Bloomberg Chinese President Xi Jinping criticized sanctions for stoking global economic pain in a speech kicking off this year’s BRICS summit, as he seeks to bolster relations with emerging markets in the wake of strained Western ties. Without explicitly naming the US, Xi said that the international community is worried that the global economy will split into mutually exclusive ...

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Draghi faces coalition turmoil

  Bloomberg Mario Draghi is facing the biggest coalition turmoil since he became Italy’s prime minister in 2021, just as he sets out for a week of back-to-back international summits that will focus on Russia’s war in Ukraine. Foreign Minister Luigi Di Maio, one of the highest-profile members of Draghi’s cabinet, on Tuesday acrimoniously quit the Five Star Movement that ...

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