SAN FRANCISCO (NYT) — The Federal Bureau of Investigation and the United States attorney’s office in New York are looking into whether Uber used tactics and software to illegally interfere with Lyft, its largest American competitor. The investigation is focused on Uber’s use of a special program internally called “Hell,” said
Management
Arik owners challenge takeover in N20bn suit against Govt, Ethiopian Airlines
Lagos (Moov Logistics News) - Arik Air Limited has filled a N20 billion suit against the Nigerian Government and Ethiopian Airlines over recent claims in the media that they were negotiating the takeover of the airline. The suit was instituted by the airline at the Federal High Court, Lagos against Ethiopian
How Airline Jobs Were Ruined – Nobody wants to be a pilot anymore
Working in aviation has lost its glamor. It happened because the law gave carriers every advantage over their workforces—and because we demanded lower airfare. — here's how working for an airline lost its glamor Nobody wants to be a pilot anymore. As the airlines tell it, a so-called pilot shortage has made it impossible
United Continental: Is Something Amiss?
Continental United Airlines - N73275 One team of analysts wonders why United Continental's revenue trends are so much worse than its peers. (Barron's) - Yesterday, United Continental Holdings offered a revenue outlook that was far worse than the ones provided by Delta Air Lines or American Airlines, confirming what the market already seemed to know: United just
EU approves insolvent Air Berlin’s 150 million euro lifeline
FILE PHOTO: Passengers board an Air Berlin aircraft at Tegel airport in Berlin, Germany, June 14, 2017. REUTERS/Hannibal Hanschke/File Photo FRANKFURT (Reuters) - The European Commission on Monday approved a German bridging loan for Air Berlin that will keep the insolvent airline’s planes flying while it tries to find buyers for
Tyremaker Pirelli to sell 40 percent stake in Milan market comeback
Formula One - F1 - Russian Grand Prix - Sochi, Russia - 29/04/17 - Pirelli tyres on display in paddock area. REUTERS/Maxim Shemetov (Reuters) MILAN (Reuters) - Italian tyremaker Pirelli, bought by state-owned China National Chemical (ChemChina) two years ago, will sell up to 40 percent of its equity capital in
Drones Play Increasing Role in Hurricane Harvey Recovery Efforts
Unmanned aircraft are inspecting roadways, checking railroad tracks, assessing the condition of power lines. Houston USA (WSJ) -For drone users, Hurricane Harvey is likely to be the event that propelled unmanned aircraft to become an integral part of the government and corporate disaster-recovery efforts. In the first six days after the storm
South African Airways CEO-Elect to Woo Banks as Top Priority
Incoming CEO Jarana sees lenders as important as government Management and board of SAA must be committed to turnaround Johannesburg (Bloomberg) - The chief executive officer-elect of South African Airways is making it his first priority to convince banks that the state-owned carrier’s new leadership is committed to stemming five
Expedia names Alan Pickerill as new CFO
Expedia Names New CFO as Orderly Transition Unfolds After CEO's Abrupt Departure (MarketWatch) - Expedia, Inc. named Alan Pickerill, a senior vice president at the company, as its chief financial officer Friday. Pickerill takes over the role from former CFO, Mark Okestrom who was named as the chief executive of Expedia. Expedia is the American travel
Takeover of Arik Airline by Ethiopian, in whose interest?
...Shareholders React to Takeover Plan (Lagos) - Reports that Ethiopia Airlines has indicated interest in signing a contract with the Nigerian government to take over the management of its largest domestic airline, Arik Air, is not going down well with the shareholders and they are wondering whose interest the deal will