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British Airways staff win 13% pay rise

BLOOMBERG Around 24,000 British Airways employees will get a pay rise of 13.1% over an 18-month period as demand for air travel soars, easing the threat of further disruptions as workers push for higher wages across the industry. Along with the salary increase, BA’s workers will also receive a one-time payment of £1,000 ($1,270), the Unite union said in a ...

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Europe’s business travel rebound slips away from airlines’ grip

BLOOMBERG Europe’s long-awaited recovery in corporate travel keeps getting pushed back. Since the end of the coronavirus pandemic, the region’s biggest airline groups have been counting on corporate warriors to head back to the skies. But so far, many business clients have sat out the travel rebound. Just two years ago, Deutsche Lufthansa AG Chief Executive Officer Carsten Spohr boldly ...

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Modi may address India violence in no confidence vote

  BLOOMBERG Prime Minister Narendra Modi might address the deadly ethnic violence in northeast India before a no confidence vote brought by the opposition in an attempt to force a debate in a legislature dominated by his allies. Modi won’t lose the parliamentary vote scheduled on Thursday as the coalition led by his Bharatiya Janata Party has a supermajority in ...

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