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Turkish Air appoints Bilal Eksi as CEO

  Bloomberg Turkish Airlines, which posted losses for two straight quarters, appointed the nation’s head of civil aviation, Bilal Eksi, as its chief executive officer. EkÅŸi helped manage the reorganization of Cyprus Turkish Airlines between 2009 and 2010 before being named the director general of civil aviation in 2011. He takes over from Temel Kotil, who resigned last week with ...

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Unhappy American pilots to push union switch after five decades

  Bloomberg A group of American Airlines Group Inc. pilots is preparing a push to give up their 53-year-old independent union and join the larger Air Line Pilots Association, after peers at rival carriers secured tentative contracts with better pay and benefits. Resolutions calling for creation of an Allied Pilots Association committee to evaluate the issue will be introduced in ...

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TD Ameritrade, Toronto-Dominion buy Scottrade for $4bn

  Bloomberg TD Ameritrade Holding Corp. and its largest stakeholder, Toronto-Dominion Bank, agreed to buy Scottrade Financial Services Inc. for $4 billion, combining two of the largest online brokerages while expanding the U.S. operations of Canada’s second-largest lender. TD Ameritrade agreed to acquire Scottrade’s brokerage operations for about $2.7 billion. Toronto-Dominion, which owns about 42 percent of TD Ameritrade, will ...

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