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Hainan Air to sell stakes to S’pore’s Temasek in rehaul

Bloomberg Hainan Airlines Holding Co. is seeking to sell shares listed in Shanghai to investors including a unit of Singapore’s sovereign investment fund Temasek Holdings Pte, according to a statement to the stock exchange Saturday. The air carrier said it plans to raise as much as 7 billion yuan ($1.09 billion) by selling as much as 20 percent of its ...

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Air France labour unions plan to resume strike from June 23 to 26

Bloomberg Air France labour unions called for a strike from June 23 to 26, reigniting a costly labour conflict at the height of the busy summer travel season. Workers will strike unless an agreement is found to end the dispute in coming days, the unions said in an emailed statement after meeting with management of parent Air France-KLM. The decision ...

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Southwest Air chases elite flyers, poaches from rivals

Bloomberg Southwest Airlines Co. is going after its rivals’ best customers by matching the elite-flyer status of some passengers on other US carriers. Members of Southwest’s Rapid Rewards loyalty program who prove upper-tier standing at other airlines will be upgraded to the carrier’s “A-List” for 90 days. Those who qualify can earn an additional 12 months on the list by ...

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