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United’s CEO sees pilot deal adding over $8bn in costs

BLOOMBERG United Airlines Holdings Inc is offering its pilots a contract with an incremental value in excess of $8 billion over four years, a figure that would make it the richest deal ever for a mainline US carrier. The company is negotiating weekly as it tries to reach a formal agreement with the union, Chief Executive Officer Scott Kirby said ...

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Airbus predicts Asia to lead air traffic boom

BLOOMBERG Airbus SE predicted aircraft manufacturers will deliver 40,850 new jets over the next two decades as customers particularly in Asia expand their fleets and replace older aircraft with more fuel-efficient models. The plane manufacturer expects the global installed fleet to more than double through 2042 to 46,560 aircraft, with 23,680 planesrepresenting growth and 17,170 going toward replacement of older ...

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UK’s authority orders Sainsbury, Asda  to allow rival grocers to open nearby

BLOOMBERG The UK’s competition authority has ordered J Sainsbury Plc and Asda to stop using land agreements that prevent rivals opening nearby stores. The move will benefit discount supermarkets Aldi and Lidl which are opening more outlets as they gain market share in the UK’s highly competitive grocery market. Sainsbury and Asda, the UK’s second- and third-largest grocers, were found ...

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