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Japan’s newest low-cost carrier hiring 100 staff

Bloomberg At a time most airlines are shedding jobs, there is one that’s hiring — a new low-cost carrier called Zipair Tokyo Inc. The unit of Japan Airlines Co will take on around 100 employees from the broader JAL group as it launches passenger flights between Tokyo and cities including Bangkok and Seoul, a JAL spokesman said. The budget airline ...

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Southwest Air opens middle seats, leaving Delta, Alaska as holdouts

Bloomberg To block or not to block. The middle seat has become a critical issue for airlines as coronavirus-wary leisure travelers straggle back onto planes. Southwest Airlines Co said that it would begin filling middle seats on December 1. The change leaves Delta Air Lines Inc and Alaska Air Group Inc as the only two major US carriers that will ...

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JC Penney lenders seek to slow property sale

Bloomberg A group of creditors to JC Penney is seeking to slow the sale of the bankrupt retailer’s real estate to another group of lenders, saying that it provides the buyers an undeserved windfall and reeks “of not only greed but abhorrent bad faith.” The objecting creditors, led by Aurelius Capital Management, say they submitted a $750 million competing bid ...

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