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Cancellations rise as United Airlines cuts Max 737 until Nov 2

Bloomberg United Airlines Holdings Inc is removing the Boeing Co 737 Max from its schedule through November 2, with flight cancellations growing each month the troubled jet remains out of service. United, the world’s second-largest carrier, currently has 14 of the 737 Max in its fleet and had planned to expand to 30 by year’s end. That means daily cancellations ...

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Lufthansa chief slams rivals’ ultra-cheap fares

Bloomberg Deutsche Lufthansa AG’s CEO Carsten Spohr criticised competitors for offering unprofitable ultra-cheap fares as a price war squeezes industry earnings. Tickets costing less than 10 euros ($11) are “economically, ecologically and politically irresponsible,” he said in an interview with the Swiss newspaper NZZ am Sonntag. “Flights for less than 10 euros shouldn’t exist.” Europe’s two biggest low-cost carriers are ...

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Prime Day becomes holiday testing ground for toymakers

Bloomberg It hasn’t replaced Christmas, but Amazon’s Prime Day is becoming a holiday testing ground for toy companies. Toymakers including Mattel Inc and MGA Entertainment Inc are using the e-commerce giant’s annual sales event to roll out new products and learn more about customers ahead of the critical holiday season. For the first time, Mattel is gearing up for a ...

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