December, 2021

• 11 December

  Southwest cites its ‘frustration’ over Max certification delays

  

  Bloomberg Southwest Airlines Co is frustrated by the slow pace of federal certification of Boeing Co’s smallest 737 Max jet, an issue that could delay the carrier’s commercial debut of the aircraft late into next year. The concern stems from changes by the US Federal Aviation Administration and lawmakers giving regulators a larger role in the certification, drawing out that ...

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• 11 December

  Heathrow offers bleak outlook as omicron halts long-haul rebound

  

  Bloomberg London’s Heathrow airport said passenger numbers are likely to recover to barely half of pre-Covid levels next year as the pandemic continues to ravage long-haul travel markets. The number of travellers in 2022 is likely to reach 45 million, Heathrow said in a statement. That compares with a record 81 million in 2019, when the hub ranked as Europe’s ...

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• 11 December

  Activist Mantle Ridge seeking to replace Dollar Tree board

  

  Bloomberg Activist investor Mantle Ridge has nominated a slate of directors to replace the entire board of Dollar Tree Inc and is urging the discount retailer to hire the former chairman of rival Dollar General Corp to a leadership role. The New York-based investment firm said in a regulatory filing that it believes Dollar Tree “will benefit from a refresh ...

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• 11 December

  Lufthansa warms to Airbus freighter as it plans expansion

  

  Bloomberg Deutsche Lufthansa AG’s cargo division said it’s seeking more freighter planes to keep pace with booming global demand and that purchases could include Airbus SE’s new A350F model. Lufthansa Cargo is making the case at group level for adding more single-aisle and wide-body planes, including additional Boeing Co 777F freighters to ply long-haul routes, unit chief Dorothea von Boxberg ...

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• 11 December

  Japan Airlines sees omicron delaying travel recovery

  Bloomberg Japan Airlines Co hasn’t seen any impact on domestic travel due to the omicron variant of the coronavirus, but an anticipated recovery for international flights may be delayed, Chief Executive Officer Yuji Akasaka said. The spread of the omicron strain, which is said to be more transmissible than delta, has been disrupting overseas air travel. Although infection rates in ...

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• 11 December

  Lululemon rises after boosting its outlook

  Bloomberg Lululemon Athletica Inc rose after boosting its sales outlook for the current year — a sign that the pandemic-era trend towards comfy clothes is persisting. The company sees net revenue in a range of $6.25 billion to $6.29 billion in the fiscal year ending on January 30, 2022. That’s up from a previous range that was capped at $6.26 ...

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• 11 December

  Biden delays Russian invasion in Kiev, Putin demands security

  

  Bloomberg For most of his two decades in power, Vladimir Putin tried to get the US to pay attention to his fears about Nato expanding on his doorstep. After a massive troop buildup raised alarms Russia would invade Ukraine, Joe Biden finally said he’s ready to talk about Putin’s security worries. The Kremlin understands there’s virtually no chance of the ...

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• 11 December

  India evacuates more Afghans on special chartered flight

  

  Bloomberg India said it evacuated 104 people, mostly Afghans, by a special chartered flight from Kabul that landed in New Delhi. The evacuated people included those from the Afghan minority community, who carried holy scriptures of Sikhism and some ancient Hindu manuscripts, the Ministry of External Affairs said in a statement. India has so far evacuated 669 people from Afghanistan. ...

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• 11 December

  Tornadoes lash US, death toll in Kentucky likely to be 100

  Bloomberg The US South and Midwest were slammed by tornadoes, with the death toll in Kentucky likely to be over 50 while a partial roof collapse at an Amazon.com warehouse in Illinois resulted in an unspecified number of fatalities. Kentucky Governor Andy Beshear declared a state of emergency, activated the National Guard, and asked President Joe Biden for an emergency ...

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• 11 December

  Macron’s reelection plans could be hit over Pacific vote

  

  Bloomberg New Caledonia, an archipelago in the strategic waters of the Pacific, is holding a referendum on independence from France on December 12. The poll is meant to end a three-decade process of de-colonisation and should in theory, allow Emmanuel Macron to turn the page before the April 2022 presidential election. But a lot could go wrong. France sees itself ...

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