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June 23, 2021 Aviation
Bloomberg Delta Air Lines Inc plans to hire more than 1,000 pilots by next summer to support its expected recovery from the devastation of the pandemic and an expansion of its route network. Domestic leisure travel will return to pre-pandemic volumes this month, John Laughter, Delta’s operations chief, said in a memo to flight-operations employees. Travel restrictions across the Atlantic ...
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June 23, 2021 Aviation
Bloomberg An Indian bankruptcy court ruled Jet Airways India Ltd can resume operations under a new owner more than two years after it collapsed, according to Ashish Chhawchharia, the court-appointed professional running the carrier’s insolvency. Jet Airways, once India’s biggest private carrier, fell into bankruptcy in 2019 under mounting debts. Dubai-based businessman Murari Lal Jalan and Kalrock Capital Management Ltd ...
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June 23, 2021 Aviation
Bloomberg US airlines and their unions want the Justice Department to send a strong message against the rise in unruly passengers with additional federal criminal charges. Several airline trade groups and unions sent a letter to Attorney General Merrick Garland calling for criminal enforcement that goes beyond the increase in civil charges filed so far this year by the US ...
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June 23, 2021 Retail
Bloomberg The owner of Saks Fifth Avenue plans to separate the e-commerce business of its discount chain into a standalone company, the latest move to break up the operations of a brand synonymous with luxury apparel. A split of Saks Off 5th will allow the new company to better tailor its investments for the online business, said Paige Thomas, who ...
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June 23, 2021 Retail
Bloomberg Retail property in the UK “is turning the corner†following years of decline for the sector, according to analysts at JPMorgan Chase & Co. A series of “encouraging trends†are emerging in terms of the number of people who are planning to visit malls and retail parks after the pandemic and in consumer behaviour on e-commerce and mall apps, ...
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June 23, 2021 Politics, Uncategorized
Bloomberg Civilians in Afghanistan have taken up arms to push back against the Taliban as the militants fight for control of a crucial northern city and make deeper territorial inroads with the US set to withdraw all troops by September. The insurgents are battling to take control of strategic cities in the country’s north, including its regional hub Mazar-e-Sharif, after ...
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June 23, 2021 Politics
Bloomberg Kim Jong Un’s sister said the US has “wrong†views in thinking North Korea might be offering an opening to return to talks, in comments coming shortly after an envoy for President Joe Biden said the US was ready for dialogue “anywhere, anytime†with Pyongyang. The official Korean Central News Agency released a statement from Kim Yo Jong on ...
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June 23, 2021 Politics
Bloomberg Thailand’s parliament has unlocked a process for an overhaul of the constitution, one of the key of demands by a youth-led protest movement that has swept the nation in the past year. Lawmakers in the Senate and the Lower House voted to endorse a bill that would pave the way for a public poll on rewriting the charter. The ...
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June 22, 2021 Politics
Bloomberg Philippine President Rodrigo Duterte threatened to jail those who refuse Covid-19 vaccines as the nation ramps up inoculations to prevent the spread of the highly contagious delta variant. “If you’re a person who’s not vaccinated and a potential carrier, to protect the people, I have to sequester you in jail,†Duterte said. Village leaders should keep a list of ...
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June 22, 2021 International News, Uncategorized
Bloomberg The UK remains Europe’s most attractive destination for financial services investment but its lead has narrowed, according to a survey by the consultants EY. The UK attracted 56 financial services projects in 2020, still the highest in Europe yet down 43 projects from 2019, marking the largest year-on-year decline in a decade. Foreign direct investment (FDI) in financial services ...
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