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United’s Munoz returns as CEO after five months

BLOOMBERG United Continental Holdings Inc. Chief Executive Officer Oscar Munoz, who underwent a heart transplant after falling ill five months ago, will return to full-time duty next week. Munoz, 57, had been participating in all major corporate decisions during his recovery and has been meeting with employees and shareholders, the airline said in a statement. He joined in on a ...

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American Airlines Group pilots union blast return of ‘toxic culture’

Bloomberg American Airlines Group Inc.’s pilots union, an early backer of the carrier’s merger with US Airways, blasted the return of “toxic” labour relations, a substandard product and violations of their contract. American executives can no longer rely on the excuse that they need more time to bring everything into order since the two companies merged in December 2013, the ...

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RWE subsidiary Npower to axe 2,500 British jobs

London / AFP British energy provider Npower, a subsidiary of German giant RWE, will announce this week that it is cutting nearly 2,500 jobs, according to the latest media reports. This means losing more than a fifth of the 11,500 jobs which Npower’s operations support in Britain, according to Sky News. The announcement is expected on Tuesday, when RWE releases ...

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