Recent Posts

Walmart takes on food chains by adding meals

Walmart results

Bloomberg Walmart Inc. will start offering prepared meals at its stores for the first time, a move that could help the nation’s biggest grocer sell more food while siphoning customers from restaurant chains. Ten different meals are now available in 250 stores, and the programme will expand to 2,000 locations by year’s end, Walmart executives said. The company also is ...

Read More »

Airbus signals job cuts for troubled jumbo

Preview of singapore airshow 2018 static display

Bloomberg Airbus SE is preparing to announce jobs cuts at two troubled aircraft programmes that have been weighing on earnings for years. The planemaker’s management will meet with its European Works Council on Wednesday to explain reductions in the manufacturing rates of the A380 superjumbo and A400M military-transport programmes and “discuss associated implications for the workforce,” it said in a ...

Read More »

Airlines back a startup bringing friendliness back to the skies

United passengers jets at united domestic terminal in san francisco

Bloomberg Volantio Inc., the Atlanta-based startup that helped United Airlines Inc. manage its overbookings in the wake of the Dr. Dao scandal last summer, is telling investors it’s cracked a seemingly impossible code: generate more money for airlines while improving customer satisfaction. Eight months into its lifespan, the company—which helps airlines preventatively rejigger inventory by offering buyouts to flexible passengers—closed ...

Read More »
Send this to a friend