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China’s COMAC lands new plane orders

  Bloomberg China Eastern Airlines Corp. will be the first customer to take delivery of the home made C919 single-aisle passenger jet as a state-owned planemaker markets the aircraft whose maiden test flight has been delayed at least twice since 2014. Commercial Aircraft Corp. of China Ltd. said it signed an agreement with the Shanghai-based carrier to start negotiations to ...

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Lufthansa’s Eurowings union calls off strikes

  Bloomberg Deutsche Lufthansa AG’s Eurowings dodged more strikes this week after a cabin-crew union decided to give negotiations another chance to resolve a contract dispute. The union UFO, which rejected arbitration after the two sides failed to reach an agreement over the weekend, offered a new round of talks to “make further labor action obsolete,” according to a letter ...

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CEO of S Africa’s Shoprite to retire after 37 years

  Bloomberg Shoprite Holdings Ltd. said Whitey Basson will retire as chief executive officer, ending a 37-year tenure that saw the company grow to become Africa’s biggest food retailer. Basson, 70, will step down at the end of December and be succeeded by Pieter Engelbrecht, the company’s 47-year-old former chief operations officer, Cape Town-based Shoprite said in a statement on ...

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