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Amazon Prime Day deals may disappoint amid cost crunch

Bloomberg The deals during Amazon.com Inc’s annual Prime Day sale will be stingier this year, according to merchants, thanks to rising shipping costs, higher advertising rates and scarce inventory. The two-day event arrives as the world grapples with the lingering effects of the pandemic. Supply-chain disruptions — including the Suez Canal shutdown earlier this year and a spike in Covid ...

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Delta Air plans to hire more than 1,000 pilots

Bloomberg Delta Air Lines Inc plans to hire more than 1,000 pilots by next summer to support its expected recovery from the devastation of the pandemic and an expansion of its route network. Domestic leisure travel will return to pre-pandemic volumes this month, John Laughter, Delta’s operations chief, said in a memo to flight-operations employees. Travel restrictions across the Atlantic ...

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Jet Airways closer to flying again as rescue proposal approved

Bloomberg An Indian bankruptcy court ruled Jet Airways India Ltd can resume operations under a new owner more than two years after it collapsed, according to Ashish Chhawchharia, the court-appointed professional running the carrier’s insolvency. Jet Airways, once India’s biggest private carrier, fell into bankruptcy in 2019 under mounting debts. Dubai-based businessman Murari Lal Jalan and Kalrock Capital Management Ltd ...

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