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Airbus’ superjumbo finds new life on Malaysia Air pilgrim trips

Bloomberg Malaysia Airlines Bhd.’s Airbus SE A380s are flying full on trial services taking Muslim pilgrims to Saudi Arabia, prompting the carrier to say it will establish the operation as a new division as early as the end of this year. The Asian company has been using two of its six A380s to transport people headed to Mecca for the ...

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United’s growth plan sparks new faceoff with Wall Street

Bloomberg United Continental Holdings Inc.’s plan to grow its way to better profits led to another rocky encounter with Wall Street. At a presentation in New York, President Scott Kirby said an accelerated expansion would pay off in the long term by boosting market share at United’s major hubs in Chicago, Houston and Denver. He and Chief Executive Officer Oscar ...

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Tesco, Sainsbury cut roles as retail costs rise

BLoomberg Tesco Plc and J Sainsbury Plc, the United Kingdom’s biggest grocers, are cutting thousands of management positions as intense competition and wage increases heap more pressure on Britain’s beleaguered retailers. Sainsbury is cutting management roles across its convenience stores and supermarkets, the London-based retailer said. That followed an announcement from larger rival Tesco, which is scrapping 1,700 management jobs ...

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