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Southwest cites its ‘frustration’ over Max certification delays

Bloomberg Southwest Airlines Co is frustrated by the slow pace of federal certification of Boeing Co’s smallest 737 Max jet, an issue that could delay the carrier’s commercial debut of the aircraft late into next year. The concern stems from changes by the US Federal Aviation Administration and lawmakers giving regulators a larger role in the certification, drawing out that ...

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Heathrow offers bleak outlook as omicron halts long-haul rebound

Bloomberg London’s Heathrow airport said passenger numbers are likely to recover to barely half of pre-Covid levels next year as the pandemic continues to ravage long-haul travel markets. The number of travellers in 2022 is likely to reach 45 million, Heathrow said in a statement. That compares with a record 81 million in 2019, when the hub ranked as Europe’s ...

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Activist Mantle Ridge seeking to replace Dollar Tree board

Bloomberg Activist investor Mantle Ridge has nominated a slate of directors to replace the entire board of Dollar Tree Inc and is urging the discount retailer to hire the former chairman of rival Dollar General Corp to a leadership role. The New York-based investment firm said in a regulatory filing that it believes Dollar Tree “will benefit from a refresh ...

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