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IAG’s Iberia Express crews to strike over pay

  Bloomberg Cabin crew staff of International Consolidated Airlines Group SA’s low-cost Spanish carrier Iberia Express plan to strike after talks over pay stalled. The USO union has called walkouts from August 28 to September 6 after failing to reach an accord with the company to link pay to inflation and then increase salaries, an official for the union said. ...

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American bets on supersonic era, orders 20 Boom aircraft

  Bloomberg American Airlines Group Inc agreed to buy 20 Overture jets from Boom Supersonic, gambling that a market will emerge for a new generation of sleek aircraft that can cut transatlantic travel times by half. The world’s largest airline also has an option to purchase another 40 of the gull-winged jets that Boom plans to roll out by mid-decade, ...

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Walmart beats lowered profit estimates, boosts forecast

  Bloomberg Walmart Inc surged the most in almost two years as a less-dire profit forecast signalled that the retail giant is finding its footing after slashing its outlook three weeks ago. Results improved more than expected in July thanks to robust back-to-school sales, lower fuel prices and more buying by wealthier customers seeking bargains, Walmart CEO Doug McMillon said. ...

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