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United head’s plan may spur lower airfares

Bloomberg Scott Kirby has a very specific view about how the three US hub-and-spoke airlines work best, having managed two of them. In his current job as president of United Airlines, Kirby’s role is to oversee a major overhaul of how the carrier operates, beginning with a broad restructuring of its three domestic-focussed hubs in Chicago, Denver and Houston. By ...

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Singapore Air taps workers for ideas to boost efficiency

Bloomberg Singapore Airlines Ltd., the premium carrier that’s undergoing a business revamp to fend off competition from Gulf airlines and budget operators, is turning to its employees for ideas. Southeast Asia’s biggest carrier is setting up a lab and encouraging workers across its group—including SilkAir and Scoot—to submit proposals that would help boost efficiency in its operations, Chief Executive Officer ...

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Immediate liquidity needs addressed: Steinhoff

Bloomberg Steinhoff International Holdings NV said it has secured enough money to keep its businesses running in the immediate term and can now start talks with a broader group of creditors. The troubled South African retail group has arranged new credit lines for units in the UK, US and France as well as agreeing a restructuring of its Austrian division, ...

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