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Bloomberg When UK-based Goose Recruitment kicked off a recent campaign to find 30 Boeing Co 737 cargo pilots for a client in Europe, 400 resumes poured in within 48 hours. Most of the applicants used to fly commercial passenger jets. “Pre-Covid, most airline pilots would look down their noses at flying cargo,” Goose’s Chief Executive Officer Mark Charman said in …

Bloomberg Qantas Airways Ltd will auction off items including a pair of old A380 business-class seats in a points-for-prizes sale to use up air miles amassed by frustrated travelers during the pandemic. Daily auctions kicking off next week include 2-1/2 hours in a Boeing Co 787 simulator for at least 50,000 loyalty points, Qantas said. Bids for a private charter …

Bloomberg Shares of e-commerce companies fell sharply, with several seeing their steepest declines in months, after Amazon.com Inc’s weaker-than-anticipated sales damped the outlook for other retailers. Amazon shares fell as much as 8.1%, their biggest one-day intraday drop since May 2020. That came after its revenue lagged forecasts for the first time since 2018, according to data compiled by Bloomberg, …

Bloomberg Boeing Co earned a profit for the first time in nearly two years, surprising Wall Street and hinting at a budding turnaround after one of the worst financial crises in the planemaker’s century-long history. The shares jumped. Adjusted earnings of 40 cents a share weren’t the only sign of progress in the company’s second-quarter financial results. In addition, the …

Bloomberg Britain’s aviation regulator will now oversee space, gearing up for what’s expected to be a surge in missions as the cost of commercial launches tumbles. The Civil Aviation Authority will take on the role immediately and accept applications from any company that wants to operate under a UK space license, it said. Potential customers include satellite firms and spaceflight …

Bloomberg Dole Plc, the world’s largest produce company, fell 9.4% in its trading debut after delaying and downsizing its US initial public offering to raise $400 million. Share’s of Dublin-based Dole, which sold at the bottom of a lowered range for $16 in the IPO, opened trading at $15 and closed at $14.50 in New York trading, giving the company …

Bloomberg Deutsche Bank AG has lost a string of US-based wealth management executives over the past year, as Chief Executive Officer Christian Sewing struggles to expand in the lucrative business of managing rich people’s money while keeping a lid on expenses. At least 10 senior bankers and numerous junior employees across the world’s largest wealth management market have left, according …

Bloomberg NatWest Group Plc is reversing more of the provisions it took early in the Covid-19 pandemic as the British economy rebounds, helping it beat earnings forecasts in the second quarter and return cash to shareholders. The UK’s biggest corporate lender posted an operating profit before tax of 1.6 billion pounds ($2.2 billion) in the second quarter, compared to a …

Bloomberg A day after UniCredit Spa announced talks to buy it, Banca Monte dei Paschi di Siena SpA was the worst performer in European regulators’ stress tests and the only one to have a key measure of capital wiped out. That’s creating questions over the mechanics of a deal engineered by UniCredit Chief Executive Officer Andrea Orcel and the Italian …

Bloomberg Lloyds Banking Group Plc beat forecasts in the second quarter and lifted its guidance for the year as it released further provisions it had set aside for loans going bad during the pandemic. Pretax profit of 2 billion pounds ($2.8 billion) came in ahead of analyst expectations for 1.4 billion pounds, according to a consensus compiledby Bloomberg, and compares …