Bloomberg The leaders of American Airlines’ pilot union voted no-confidence in Chief Executive Officer Doug Parker, citing pay and scheduling problems, delays in implementing their full contract and a “toxic” company culture. “The straw that broke the camel’s back was Parker skipping last week’s meeting with President Trump and other airline industry executives at the White House,” the Allied ...

  Bloomberg When it comes to maintaining domestic air superiority, US carriers have been shaking their fists at Persian Gulf airlines that have rapidly increased their American presence. Yet there’s another threat that may be growing in their own backyard—or more precisely, just north of it. Air Canada has been around for 80 years, but only recently sought to parlay ...

  Bloomberg China will likely avoid a financial crisis and is on track to reach high income status by 2027, according to a new Morgan Stanley report on the nation’s longer-term prospects titled “Why we are bullish on China.” The sweeping outlook comes amid growing concern over China’s surging debt levels, slow pace of reforms and the impact of a ...