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Eurowings pilots to stage three-day strike over workload dispute

Bloomberg Pilots at Deutsche Lufthansa AG’s discount carrier will strike for 72 hours after Germany’s Vereinigung Cockpit union called Eurowings’ latest offer “completely insufficient.” The current dispute centers “exclusively” around a reduction of pilot workload and not pay for cockpit staff, according to a statement issued by the union. The employees “have no choice but to express their displeasure about ...

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Delta Airlines is free to resume share buybacks, but won’t: CEO

  Bloomberg Delta Air Lines Inc. says it’s not interested in buying back shares anytime soon, even though pandemic-related restrictions have finally ended. “Our sole priority at Delta is to make sure that any excess cash that we’re generating is used to pay down debt, and we acquired a meaningful amount of debt during the pandemic,” Chief Executive Officer Ed ...

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Fast retailing rises after profit outlook tops projections

  Bloomberg Uniqlo owner Fast Retailing Co rises the most in three months after the company issued an outlook for profit and sales for the current fiscal year ahead of analysts’ projections. Asia’s largest retailer is forecasting a record profit for the year ending August 2023, thanks to improving demand for its cheap casual apparel in Japan and a weaker ...

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