Recent Posts

Norwegian uses 737 crisis to wring fleet deal from Boeing

Bloomberg Cash-strapped Norwegian Air Shuttle ASA secured a deal to delay deliveries of Boeing Co 737 Max jets, aided by the bargaining power granted by the model’s global grounding after two fatal crashes. Boeing agreed to postpone the handover of 14 Max 8s due in 2020 and 2021, which together with an outline accord to restructure Airbus SE deliveries will ...

Read More »

SAS cancels 587 additional flights amid pilot strike

Bloomberg SAS AB cancelled an additional 587 flights across Scandinavia scheduled for Sunday because of a strike by pilots, disrupting travel for an estimated 64,000 passengers, the company said in a statement on Saturday. The pilots are striking over pay, having started the action after rejecting measures proposed by a mediator in talks that have been going on since March. ...

Read More »

Walmart explores options for UK grocer including IPO

Bloomberg Walmart Inc is exploring options for its Asda unit including an initial public offering after plans to combine the business with J Sainsbury Plc to create the UK’s largest supermarket chain collapsed, according to people familiar with the matter. In addition to a potential listing, the US retailer may also revisit a sale, though interest from private-equity firms has ...

Read More »
Send this to a friend