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Tag Heuer’s CEO sees current year’s sales reaching 2019 level

Bloomberg The CEO of Tag Heuer — the maker of luxury watches beloved by athletes — expects sales to recover to 2019 levels this year after last year’s pandemic shock. The forecast of the brand owned by luxury group LVMH comes as the industry became more polarised amid lockdowns last year. The largest privately-owned timepiece brands such as Rolex outperformed, ...

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FAA reform gives workers new way to report safety flaws

Bloomberg Thousands of federal engineers, inspectors and other aviation workers have a new channel through which to report safety concerns without fear of retaliation in an action spurred by the two fatal crashes on the Boeing Co 737 Max. The US Federal Aviation Administration (FAA) unveiled what it calls the Voluntary Safety Reporting Program. The 7,400 people working at FAA’s ...

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American Airlines’s flight cancellations set to continue

Bloomberg The series of flight cancellations from American Airlines over the weekend will continue to plague travellers. Almost 100 flights from the airline have already been cancelled for June 21, according to a representative from American Airlines Group Inc. That’s following 123 flights cancelled on June 19 and at least 178. “The first few weeks of June have brought unprecedented ...

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