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Cathay on hiring push as Hong Kong still wrestles with Covid

  Bloomberg Cathay Pacific Airways Ltd is planning to recruit 4,000 staff between now and the end of 2023 to replenish its severely depleted workforce and gear up for an anticipated recovery in air travel as Hong Kong rebuilds itself as an aviation hub, according to Chief Executive Officer Augustus Tang. The hiring spree would still leave Cathay with significantly ...

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Ryanair to face strike by its Italy employees on June 25

  Bloomberg Ryanair Holdings Plc staff in Italy announced plans to strike on June 25, adding to Europe’s travel headaches as the industry tries to recover from the coronavirus pandemic. Unions representing pilots and flight attendants will strike for 24 hours to press demands for better working conditions, they said. The walkout will also involve staff in Spain, Portugal, France ...

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Wizz Air abandons no fuel hedging policy

  Bloomberg Wizz Air Holdings Plc said it will reinstate its jet-fuel hedging policy as volatile oil prices add to other surging costs for the airline industry and threatens to upend the sector’s recovery from the pandemic. Eastern Europe’s biggest discounter will “mirror” the hedging levels of its main peers and put additional jet fuel price caps in place for ...

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