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Colombian pilots vote to organise strike at Avianca

Bloomberg A Colombian pilots union voted in favour of a strike at Avianca Holdings SA, which the company argues is illegal. The ACDAC union says that its members include about 700 pilots that work for the company and won’t fly during the strike—slightly more than half of Avianca’s pilots. Avianca said Colombian laws forbid those offering essential services from striking, ...

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Ryanair scraps 50 flights a day to meet Irish vacation rules

Bloomberg Ryanair Holdings Plc is cancelling as many as 50 flights a day for the next six weeks as it moves to reduce a backlog of crew vacation before as required by Irish regulators. The Dublin-based carrier will offer refunds or alternative flights to the “small number” of affected passengers over the period, it said in a statement, adding that ...

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Strong euro may erode luxury sales

Bloomberg Hermes International warned that profitability probably has reached a peak and that the strong euro is set to erode 2018 sales of the company’s Birkin handbags and other luxury goods, spurring concern that the industry’s rebound may become rockier. The operating margin will probably narrow after reaching a record 34.3 percent in the first half, executives said, almost double ...

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