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American’s pilots expose CEO’s $1bn labour bet

Bloomberg American Airlines CEO Doug Parker is investing more than $1 billion to mend tattered labour relations at the world’s largest carrier. A recent spat with pilots is prompting some analysts to question whether he’s getting his money’s worth. The aviators’ union warned that more than 15,000 flights were at risk of being scrubbed during the busy holiday season after ...

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Boom jet plan gets $10mn funding from Japan Air

Bloomberg Boom Technology Inc., seeking to build a supersonic jet for passenger travel, got a $10 million investment from Japan Airlines Co. as the Denver-based startup aims to revive ultra-fast travel that ended a decade back with the Concorde. Japan Air also agreed to take an option to purchase up to 20 aircraft, the two companies said in a statement. ...

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FamilyMart Uny mulls sale of Hong Kong retail business

Bloomberg FamilyMart Uny Holdings Co., Japan’s second-largest convenience store operator, is considering a sale of its Hong Kong retail business, people with knowledge of the matter said. FamilyMart Uny is working with a financial adviser to gauge potential buyer interest in its three stores in the Chinese territory, according to the people. It is seeking to fetch close to $100 ...

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