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Jury is still out on Ryanair’s dealings with trade unions

Bloomberg One year after Ryanair Holdings Plc Chief Executive Officer Michael O’Leary shocked the airline industry with his decision to finally recognise trade unions, the two sides can’t agree on how much progress has been made in their talks. The Irish budget carrier’s CEO has opened talks with employees in all major markets. That’s led to collective labour agreements with ...

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Aeromexico 737 jet damaged in possible midair drone strike

Bloomberg Grupo Aeromexico SAB is investigating whether a drone slammed into a Boeing Co. 737 jetliner as the aircraft approached its destination in Tijuana, Mexico, on the US border. Images on local media showed considerable damage to the nose of the 737-800, which was operating as Flight 773 from Guadalajara. In a cabin recording, crew members can be heard saying ...

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LVMH adds hotels to handbags with $2.6bn Belmond deal

Bloomberg LVMH is betting $2.6 billion that consumers who spend $1,000 on a Louis Vuitton bag will splash out for a $2,000-a-night hotel on Italy’s Amalfi Coast. The French luxury giant agreed to buy Belmond Ltd., owner of New York’s ‘21’ Club and high-end resorts around the world. The transaction is LVMH’s largest since taking full control of Christian Dior ...

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